E-commerce in India has destroyed domestic trade-govt remains mute spectator
Nagpur: Taking its strong view against e commerce platforms for indulging in to deep discounting and loss funding thereby violating FDI Policy 2016 of the Union Government, the Confederation of All India Traders (CAIT) today lashed out at Suresh Prabhu,...
MHA asks digital payment companies to beef up cyber security
New Delhi: The Home Ministry asks digital payment and e-commerce companies to beef up their cyber security in the wake of increased digital payments. The government's demonetisation move, and the subsequent cash crunch, has led to a surge in digital...
Two-day National Trade Leaders’ conference at Nagpur will be stormy
Nagpur: More than 200 prominent Trade Leaders from all States and Union Territories will be assembling tomorrow and day after at Nagpur for participation in two day Conference of National Governing Council of Confederation of All India Traders (CAIT) to...
CAIT demands blanket ban on FDI in Retail & E Commerce formation of Retail Development & Regulatory Authority
Nagpur: The Confederation of All India Traders (CAIT), apex body of the trading community, in its pre-budget memorandum submitted to Union Finance Minister, Arun Jaitley has called for formation of a Retail Development & Regulatory Authority to develop & regulate...
Puhing FDI in e-Commerce will face strong protest
Nagpur: Amid reports of government considering permitting 100 percent FDI in e commerce, the Confederation of All India Traders (CAIT) has opposed any such move and said that allowing FDI in e-Commerce will be worst that allowing FDI in retail...
Flipkart launches ‘Made-in-India’ sales with captivating offers
India’s leading e-commerce player Flipkart announced ‘Made in India’ sale on November 28 with an aim of bringing Indian brands to the limelight. The company’s ‘Made in India’ sale will have some unbelievable offers and massive discounts across a range of lifestyle...
Flipkart sells 5 lakh smartphones in 10 hours
New Delhi: E-commerce major Flipkart has sold half a million mobile handsets within 10 hours as part of its The Big Billion Days sale. "This sets a record for the highest number of mobile phones sold in India in a short...
