Cait

Traders' body criticizes Gujarat govt for signing ecommerce MoU with Amazon

Amazon has said it has inked an agreement with the Industries and Mines Department of Gujarat to help drive e-commerce exports from the state.

CAIT seeks action against Amazon, Flipkart, Zomato, others for 'daylight robbery'

CAIT says that platforms like Amazon, Flipkart, Zomato, Swiggy, are flouting rules, and it demanded immediate action against them.

Centre asks ED, RBI to act against Amazon, Flipkart for violation of FDI and FEMA rules

The Centre has taken cognisance of various complaints made by the Confederation of All India Traders (CAIT) for blatant violation of FDI Policy and Foreign Exchange Management Act, 1999 (FEMA) by these companies

CAIT seeks strict action against Amazon in letter to ED, claims predatory pricing caused misery to small traders

The traders' body claimed that despite the constant violations, no action has been taken against Amazon because of which 7 crore traders in India are feeling cheated and left out

Stop banks from offering cashbacks on online purchases, CAIT demands in letter to Nirmala Sitharaman

The traders’ body called for immediate action to stop the practice and a thorough probe into why banks were extending discounts only on purchase from designated e-commerce portals

IPL 2020: Traders' body CAIT criticises BCCI for retaining Chinese company Vivo as sponsor

CAIT a traders body has criticised BCCI’s decision to retain Chinese company Vivo as the title sponsor for upcoming season of Indian Premier League.

COVID-19 Impact: Retail trade lost business worth Rs 9 lakh cr in 60 days; businessmen facing acute financial crunch, says CAIT

CAIT said domestic trade is facing its worst period as shops and commercial markets across the country since last Monday could register only 5% of business, and only 8% of workforce could resume their duties in shops.

Coronavirus Lockdown: CAIT urges govt to reconsider economic package, says traders let down by exclusion

Industry body CAIT has urged the government to reconsider the economic package and announce measures to support traders, saying the community feels let down for exclusion from the Rs 20 lakh crore stimulus to aid the economy reeling from the COVID-19 crisis

Coronavirus Outbreak: CAIT flags traders' inability to pay full salary for April, seeks Piyush Goyal's intervention

As the country battles COVID-19, traders'' body CAIT on Thursday said traders are facing tremendous financial crunch and payment of full salary for April to their staff was next to impossible

Retail sector loses a whopping Rs 5.50 lakh cr since lockdown; around 20% traders may pull down shutters, says CAIT

CAIT said the retail trade may see many more traders pulling down shutters as the sector has become unviable.