Apr 21, 2020
The Ministry of Home Affairs has clarified that supply of non-essential goods by e-commerce companies will remain prohibited during the lockdown.
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The Ministry of Home Affairs has clarified that supply of non-essential goods by e-commerce companies will remain prohibited during the lockdown.
Local kirana shops business flourish amid lockdown - ET Retail
Local kirana shops business flourish amid lockdown – ET Retail
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By : Uzmi Athar New Delhi : With online delivery becoming a challenge during lockdown, local kirana shops in the city are witnessing a surge in the sale of essential items with some even finding it difficult to keep up with the rising demand.
These small shops were worst hit by big malls and e-retailers in the last few years but ever since lockdown was imposed in view of the COVID-19…
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Competition Commission of India (CCI) has ordered to probe e-tailers like Amazon and Flipkart over their discounting practices, exclusive brand launches on the platforms and the preferential treatment they have allegedly offered to certain mobile phones sellers.
Displaying their anger and resentment against "colonising" e-commerce market and Retail Trade of India, large number of traders have staged a day long hunger strike in several parts of the country under the aegis of the Confederation of All India Traders (CAIT).
Confederation of All India Traders (CAIT) has held a discussion with Competition Commission of India (CCI) on "unethical competition" perpetrated by e-commerce firms, a day after Union minister Piyush Goyal said the government was investigating into alleged predatory pricing by Flipkart and Amazon.
The Jodhpur Bench of Rajasthan High Court, while hearing a petition of the Confederation of All India Traders (CAIT) filed against predatory pricing and deep discounting by Amazon and Flipkart and violation of FDI policy, ordered the Union Government to file its reply within two weeks informing the Court about action taken by the Government and to make clear whether e-commerce platforms of both Amazon & Flipkart are violating the policy or not.
The Confederation of All India Traders (CAIT) has asked different brands to clarify who is giving discount on Amazon and Flipkart.
Pepperfry FY18 losses narrow to Rs 169 cr
Pepperfry FY18 losses narrow to Rs 169 cr
Furniture retailer Pepperfry Wednesday said it has narrowed its losses to Rs 169.26 crore for FY18 driven by higher efficiencies and reduction in overhead costs.
TrendSutra Group of Companies, which operates under the Pepperfry brand, had posted losses of Rs 248.50 crore in FY2017, a statement said.
“Over the last few years, we focused on strong unit economics and building a business…
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