Flipkart

The Walmart-Flipkart deal will be cancerous for the Indian retail industry, the Confederation of All India Traders (CAIT) has said in a letter to Finance Minister Piyush Goyal.According to a PTI report: CAIT said that its letter has also...

Retail trader body Confederation of All India Traders (CAIT) has threatened nationwide agitation if the government clears US $16 billion Walmart-Flipkart deal."Since last five years we are knocking the doors of the government for bringing reforms in e-commerce but...

Fair trade regulator CCI might recommend structural changes to the proposed US $16 billion Walmart-Flipkart deal to address possible competition concerns, according to officials.According to a PTI report: The Competition Commission of India (CCI) might also take cues from...

Walmart believes Flipkart's 'ecosystem' of businesses, including Myntra-Jabong and PhonePe which are part of its mega US $16 billion deal with the Indian company, could be a true advantage for the US-based retail giant.According to a PTI report: Judith...

Traders' body CAIT on Thursday said the commerce and industry ministry has forwarded its complaint with regard to violation of FDI policies by e-commerce firms to the RBI and Enforcement Directorate (ED) for necessary action."Enforcement Directorate and Reserve Bank...

Retail e-commerce sales in India will climb 31.0 percent this year to reach US $32.70 billion, according to eMarketer’s latest forecast. That growth rate will trail only China and Indonesia in Asia-Pacific.This growth has been enabled in part by...

Walmart, the US retail giant which signed an agreement in May this year to acquire 77 percent stake in Flipkart, expects to close the deal before the end of current calendar year.According to a PTI report: According to a...

Over 100 trader organisations on Monday opposed the US $16 billion Walmart-Flipkart deal stating it would cause "irreversible damage" to small traders and endanger jobs for thousands.According to a PTI report: The associations, including Centre of Indian Trade Unions...

Flipkart has shared 'some details' with the I-T authorities on its US $16 billion deal with US-based Walmart, but the tax department will act only after regulatory approvals have been obtained, an official said.According to a PTI report: The...

Traders' body CAIT has said it has filed a complaint against Flipkart with the Enforcement Directorate for alleged violation of the government's foreign direct investment (FDI) policy.In a statement, the Confederation of All India Traders (CAIT) said it "has...