Chinese investors hold stakes in 18 of the 30 Indian startup unicorns, and some companies backed by them indulge in "predatory" behaviour, which needs to be brought under scrutiny, a domestic think tank said on Thursday
DPIIT received some complaints of e-commerce firms offering deep discounts: Union Minister Piyush Goyal
The Department for Promotion of Industry and Internal Trade (DPIIT) has received complaints that e-commerce companies are offering deep discounts, indulging in predatory pricing, exercising control over inventory and influencing the prices of goods sold on the platform, Parliament was informed on Friday
Traders' body CAIT on Sunday said it will launch a nation-wide movement to protest against e-commerce majors Amazon and Flipkart, alleging that they are flouting FDI policy norms and destroying the country's retail business
CAIT demands high-level enquiry by govt to probe 'unholy nexus' of e-commerce cos, banks in price distortions
CAIT criticised the banks giving cashback and various types of discounts for purchasing goods from e-commerce portals by making payments through their respective credit/debit cards.
India will not allow multi-brand retail by foreign firms, predatory pricing: Commerce minister Piyush Goyal
The government will not allow foreign companies to operate in the multi-brand segment and necessary action will be taken against people indulging in predatory pricing, Commerce and Industry Minister Piyush Goyal said on Wednesday
Flipkart's legal spat with GOQii: Predatory pricing benefits net-savvy consumers but hurts small traders, offline shoppers
GOQii has won the first round by obtaining an order at the admission stage itself asking Flipkart to remove the impugned products from its website
TRAI may ask Bharti Airtel to furnish details of segmented offers in 'stipulated format', Vodafone Idea seeks more time
Also, Bharti Airtel has furnished the details for December 2018 onwards, while TRAI has sought details of such concessions over a longer period, the official noted.
FDI policy on e-commerce: Online firms cannot win the game by blaming govt but by finding a way around regulations
The reluctance of digital/technology companies to invest time and resources to navigate an uncertain regulatory landscape is more to be blamed than the FDI policy itself.
There have been concerns in various quarters about high airfares even as the civil aviation ministry has been maintaining that air ticket prices are neither controlled nor approved by the government.
TDSAT said that TRAI could not impose financial disincentives and ordered it to rework the predatory pricing rules within six months.
The decision is a defeat for a lobby group representing thousands of online sellers in India.
Traders' body CAIT writes to Suresh Prabhu, says fundamentals of draft e-commerce policy should not be diluted
CAIT suggested that e-commerce companies should be listed with a stock exchange "as it will stop their ability to keep on making sustained losses by adopting indiscriminate discounting
Walmart-Flipkart deal: Predatory pricing can't be foretold; US retailer need not fear competition watchdog for now
Walmart falls within the ambit of the pre-approval regime with its global turnover far in excess of the minimum prescribed.
The Telecom Regulatory Authority of India (TRAI) has said that it will soon release its predatory pricing rules.
Ola's deep-pocketed US rival Uber, which sold off its China business in August, is now pumping in investments and focussing on ramping up its presence in the Indian market
The finding by the Directorate General of Civil Aviation comes as an apparent 'clean chit' to the domestic airlines, which face allegations of charging "exorbitant" fares during such seasons.
Prima facie, the CCI is of the view that Ola's moves indicate predatory pricing aimed to oust other players from the market
The advertising-fuelled, glitzy flash sale propelled online shopping into public consciousness like never before but unfortunately the event is now being remembered for all the wrong reasons
The minister now wants a probe into the entire business of frequent fare discounts. A senior ministry official told Firstbiz that the present system of discounting fares by airlines reeked of "predatory pricing" and needs to be checked. He said the minister will not be asking aviation regulator DGCA to conduct a probe but task officials of the ministry to do this.
CCI has not yet received any complaints from the offline retailers