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confederation of all india traders (cait)
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  • Russia-Ukraine conflict opened opportunities for Indian exporters: CAIT Apr 01, 2022 06:31 PM IST

    Russia-Ukraine conflict opened opportunities for Indian exporters: CAIT

    The traders' body said "several credible trade organisations of Russia have reached out to the Confederation of All India Traders (CAIT) seeking its assistance to link the Russian demand with Indian manufacturers, traders and merchant exporters".

  • Nationwide strike: Trade unions' forum says bandh-like situation in at least 8 states Mar 28, 2022 10:27 PM IST

    Nationwide strike: Trade unions' forum says bandh-like situation in at least 8 states

    According to the forum, agitations were held in many industrial areas across states like Goa, Karnataka, Maharashtra, Chhattisgarh, Punjab, Bihar, Rajasthan, West Bengal, Meghalaya and Arunachal Pradesh.

  • CAIT terms Amazon's ad campaign 'laughable', says MNC trying to buy media and confuse Indian govt Mar 15, 2022 06:24 PM IST

    CAIT terms Amazon's ad campaign 'laughable', says MNC trying to buy media and confuse Indian govt

    CAIT Secretary-General Praveen Khandelwal and President BC Bharatiya expressed their disdain at how some media outlets had succumbed to Amazon's motives by supporting their advertising, thereby ignoring their "sacred regulatory and fiduciary duty" to only publish what is legal.

  • CAIT moves CCI to block Amazon deal to acquire Cloudtail Jan 14, 2022 07:03 PM IST

    CAIT moves CCI to block Amazon deal to acquire Cloudtail

    Amazon currently has a 24 percent stake in Cloudtail, while Catamaran Ventures, NR Narayana Murthy’s private investment firm, has a 76 percent stake in it. Additionally, Amazon India’s head Amit Agarwal is one of the board members of Cloudtail.

  • Diluting proposed e-commerce rules tantamount to 'succumbing to hidden pressure', CAIT tells Piyush Goyal Jan 02, 2022 05:20 PM IST

    Diluting proposed e-commerce rules tantamount to 'succumbing to hidden pressure', CAIT tells Piyush Goyal

    Easing the proposed rules will also suggest that the government has offered the e-commerce landscape to the global e-tailers to "twist the e-commerce trade to their advantage even at the cost of flouting the laws", the traders' body said.

  • CAIT writes to PM Modi, seeks immediate cognisance of CCI verdict against Amazon Dec 20, 2021 07:14 PM IST

    CAIT writes to PM Modi, seeks immediate cognisance of CCI verdict against Amazon

    CAIT sought the Prime Minister’s intervention in the case after the CCI passed an order imposing a Rs 202 crore fine on Amazon for misleading the body with regard to the Future-Retail deal case and also suspended the 2019 Amazon-Future Group deal approval.

  • Amazon should have not indulged in CCI hearings if it believes agency has no power to revoke Future deal: CAIT Dec 15, 2021 05:56 PM IST

    Amazon should have not indulged in CCI hearings if it believes agency has no power to revoke Future deal: CAIT

    Amazon is accused of concealing facts from the CCI while seeking approval for its 2019 deal to pay $200 million for a 49 percent stake in Future Coupons Pvt Ltd.

  • Chemicals of bombs used in Pulwama attack were sourced via Amazon: CAIT Nov 21, 2021 07:52 PM IST

    Chemicals of bombs used in Pulwama attack were sourced via Amazon: CAIT

    CAIT said since facilitation of sale of contraband item Ammonium Nitrate was used against our soldiers, a case of treason should be registered against Amazon and its officials.

  • CAIT writes to Competition Commission, urges it to revoke Amazon-Future Coupons Deal Nov 08, 2021 10:59 PM IST

    CAIT writes to Competition Commission, urges it to revoke Amazon-Future Coupons Deal

    Dubbing Amazon’s move to be “acquisition of strategic rights in Future Retail” disguised as an investment in Future Coupons Private Limited, CAIT cited the letter from independent directors of Future Retail Limited to highlight “yet another case of cheating and violation of Competition Act and its Regulations by Amazon”.

  • Diwali festive sale breaks 10-year record at Rs 1.25 trillion: CAIT Nov 05, 2021 10:36 PM IST

    Diwali festive sale breaks 10-year record at Rs 1.25 trillion: CAIT

    The traders' body that represents nearly 70 million traders, said the incredible Diwali 2021 sale ended the economic slowdown that had persisted for the last two years.

  • Grave violation of FCPA: CAIT demands independent, fair inquiry into Amazon bribery case Sep 23, 2021 04:43 PM IST

    Grave violation of FCPA: CAIT demands independent, fair inquiry into Amazon bribery case

    Stating that the FCPA has an extraterritorial jurisdiction and how it is unlawful for any enterprise to authorise the bribing of foreign government officials to obtain or retain business even outside of the US, CAIT sought an immediate and fair inquiry.

  • CAIT launches an 'e-commerce purification week' against Amazon, Flipkart Jun 13, 2021 08:04 PM IST

    CAIT launches an 'e-commerce purification week' against Amazon, Flipkart

    Trade delegations will meet the chief ministers and finance ministers of their respective states urging them to set up a monitoring mechanism for e-commerce trade in the state for ensuring strict implementation of FDI in the e-commerce policy of the government.

  • CAIT demands action against Amazon, Flipkart for 'supplying non-essential items' amid COVID-19 curbs Apr 27, 2021 03:53 PM IST

    CAIT demands action against Amazon, Flipkart for 'supplying non-essential items' amid COVID-19 curbs

    The traders' body, apart from accusing Flipkart and Amazon of delivering non-essential items amidst the curbs, has also accused both the companies of violating the inventory control norms.

  • COVID crisis | CAIT lauds Mukesh Ambani, Ratan Tata, Naveen Jindal for helping India with oxygen supply Apr 25, 2021 09:22 PM IST

    COVID crisis | CAIT lauds Mukesh Ambani, Ratan Tata, Naveen Jindal for helping India with oxygen supply

    Bhartia and Khandelwal said that these big corporates have “proved that they are the sons of the soil and have come forward to help the country at a time when the entire nation was worried about the shortage of medical oxygen”.

  • Amazon, Flipkart among foreign entities hell bent on destroying India's retail sector: CAIT Mar 18, 2021 03:06 PM IST

    Amazon, Flipkart among foreign entities hell bent on destroying India's retail sector: CAIT

    CAIT in a communication sent to Piyush Goyal said that FDI in e-commerce section of Press Note No.2 of FDI Policy 2016/2018, the stipulations of which foreign entities like Amazon and Flipkart are hell bent on ruthlessly destroying the Indian retail sector with their deep pockets and expansive lobby of legal experts who will stop at nothing before trampling the lives of over 40 crore Indians.

  • CAIT opposes BCCI decision to retain Chinese firm Vivo as IPL title sponsor Aug 03, 2020 03:22 PM IST

    CAIT opposes BCCI decision to retain Chinese firm Vivo as IPL title sponsor

    The apex trade body has urged the Centre to not grant permission to hold IPL 2020 on grounds that has retained Vivo as its sponsor despite the recent skirmishes between Indian and Chinese soldiers in which several Indian Army jawans were martyred

  • India China border row | Traders body urges Indian celebrities to stop endorsing Chinese brands Jun 18, 2020 02:57 PM IST

    India China border row | Traders body urges Indian celebrities to stop endorsing Chinese brands

    It called on Indian actors such as Sara Ali Khan, Amir Khan, Ranveer Singh, Deepika Padukone, Katrina Kaif and Ranbir Kapoor to stop endorsing Chinese smartphones out of respect for Indian soldiers and urged them to support their campaign instead

  • E-commerce | CCI lens on deep discounting could be a double-edged sword Sep 24, 2019 09:14 AM IST

    E-commerce | CCI lens on deep discounting could be a double-edged sword

    Deep discounts or not brick-and-mortar retailers may always find reasons to blame online retailers for eating into their businesses. But if done well, the CCI intervention could ensure fair trade practices.

  • Traders call for Bharat Bandh — all you need to know Sep 28, 2018 11:30 AM IST

    Traders call for Bharat Bandh — all you need to know

    Chemist shops across the country will also remain closed on September 28

  • Cheque facility may be withdrawn to push digital transactions: CAIT official Nov 16, 2017 08:49 PM IST

    Cheque facility may be withdrawn to push digital transactions: CAIT official

    Khandelwal was talking to reporters at the launch of 'Digital Rath', a joint initiative of the CAIT and Mastercard to encourage traders to adopt different modes of digital transactions and promote a cashless economy.

  • Celebs to be held accountable for product endorsements: Paswan Jun 24, 2016 06:48 PM IST

    Celebs to be held accountable for product endorsements: Paswan

    Celebrities who endorse brands will be held accountable for misleading claims under the new Consumer Protection Act, Consumer Affairs Minister Ram Vilas Paswan declared on June 24

  • CAIT urges govt to free MUDRA from RBI control Jan 11, 2016 08:56 AM IST

    CAIT urges govt to free MUDRA from RBI control

    The confederation said MUDRA loans are being disbursed by commercial banks instead of other financial institutions as originally conceived by the government while launching MUDRA.

  • India's electronic financial sect has rooms for competition Oct 05, 2015 02:41 PM IST

    India's electronic financial sect has rooms for competition

    The potential of ATM-debit card transactions is huge in the cash-driven Indian economy comprising of some 58 million small and medium enterprises (SMEs), merchants and traders, said Ari Sarker, co-president for Asia Pacific at MasterCard.

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