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Confederation of All India Traders (CAIT) said the e-commerce companies are treating India as a banana republic having weak laws and rules. CIAT even compared the e-commerce to second East India Company who have defined mandate of emerging as masters of economic slavery.
Arvind Lifestyle brand, in an exclusive partnership with GAP, will be opening its first GAP store in the capital city.
Gap has been looking to reduce its dependence on the North American market, which generates more than three-quarters of its sales.
Social activist Arvind Kejriwal on Monday took a dig at the son-in-law of Congress President Sonia Gandhi, Robert Vadra over his Facebook status that read, 'Mango men in a banana republic', in an apparent jibe at Kejriwal and senior Supreme Court lawyer Prashant Bhushan who have accused Vadra of financial impropriety.
After reports that Congress President Sonia Gandhi's son-in-law Robert Vadra posted a new Facebook status that read, 'Mango people in banana republic', India Against Corruption (IAC) asked him to apologise.
Economic uncertainty drags US retail sales
