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Amazon's manipulative policies to dominate Indian retail must end: CAIT

Trader's body CAIT on Monday said Amazon's "manipulative, coercive, arbitrary and dictatorial policies" to dominate India's retail trade should come to an end, hours after the Delhi High Court passed an order related to Future Group's proposed asset sale to Reliance Retail, a deal...

Punish Amazon with Rs 1.44 lakh crore penalty: CAIT to ED

The Confederation of All India Traders (CAIT) has asked the Enforcement Directorate to immediately punish Amazon for the brazen violations of FEMA Act, Rules and Regulations by imposing maximum penalty of 3 times the value of the illegal investments...

India's retail trade loses Rs 15 lakh cr in 100 days

The ongoing pandemic has hit every sector of the Indian economy hard and the retail trade in the country has lost about Rs 15.5 lakh crore in the past 100 days. In a statement, the Confederation of All India Traders...

Retailers upset over no govt support

Finance Minister Nirmala Sitharaman may have announced all relief and reform measures as part of the Rs 20 lakh crore economic package to tide over the coronavirus crisis, but a major segment of the economy - the retailers and...

Lockdown 3.0: More shops expected to re-open but confusion reigns, say retailers

Retailers and traders expect to re-open more shops from Monday under the new relaxed guidelines by the government for the extended lockdown period till May 17, although they are still seeking clarity from local authorities. According to a PTI report:...

CAIT to soon launch 'bharatemarket.in' for online retail trade

The Confederation of All India Traders (CAIT) on Friday announced that it will soon launch an e-commerce platform -- bharatemarket.in -- for retail traders across the country. "The e-commerce portal will include a nationwide participation by real-world retailers, who have...

Gradual opening up non-essential goods via e-commerce will help meet consumer demands: Flipkart

Walmart-owned Flipkart on Saturday said gradual opening up delivery of non-essential goods through e-commerce will help meet consumer demands, while easing the burden of piled up inventory of micro, small and medium enterprises amid the nationwide lockdown. According to a...

CAIT, DPIIT to launch e-commerce platform for small retailers

The Confederation of All India Traders (CAIT) and the Department for Promotion of Industry & Internal Trade (DPIIT) have joined hands to come up with an e-commerce platform for local retailers and grocery stores. The announcement comes a day after...

CAIT awaits clarity on relaxed lockdown norms on shops

The Confederation of All India Traders (CAIT) on Sunday said that "confusion" is preventing traders from opening shops even following the orders issued by Ministry of Home Affairs and various state governments. In a statement, CAIT said: "Despite of the...

Coronavirus Impact: India’s retail trade incurs losses worth US$ 30 billion last fortnight

Retailers have incurred around US$ 30 billion losses in the past 15 days due to the lockdown announced by the government to contain Covid-19 spread, according to the Confederation of All India Traders (CAIT). "The losses incurred by the retail...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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