New Delhi: Fair trade watchdog Competition Commission of India (CCI) has approved the acquisition of e-commerce major Flipkart by Wal-Mart International Holdings. However, a traders’ body said that it will move the court against the approval. @CCI_India approves proposed acquisition of Flipkart Private Limited by Wal-Mart International Holdings, Inc, CCI[Read More…]
Tag: Traders
Traders troubled over GST, need to extend relief: Arvind Kejriwal
Delhi Chief Minister Arvind Kejriwal on Tuesday said that GST has caused a lot of trouble to traders and there is a need for extending relief to them. “Demonetisation and GST have adversely affected the interests of traders resulting that most of them have shut down their business, which has[Read More…]
Battleground Gujarat: The game is on!
What looked like a BJP walkthrough three months ago, has taken the shape of an interesting contest now. Inputs from NewsCode team of local news partners in Gujarat say that the Congress Party has returned to reckoning in the state because of two reasons, the election of Ahmed Patel to[Read More…]
Trade in Uttar Pradesh to remain shut opposing GST roll out
As the government is all set to roll out Goods and Services Tax (GST) from June 30 midnight, traders in Uttar Pradesh are not happy with the decision. In Ghaziabad, opposing the GST implementation, traders will remain dysfunctional on Saturday demanding amendments to certain provisions of the GST before the[Read More…]
Haryana traders to protest against GST on clothes
Over 450 retail and wholesale cloth merchants in Haryana are against the GST proposed on clothes by the government. According to the merchants, the new tax slab on clothes will escalate the cost of clothes for customers and they fear a slowdown in the cloth trade after the imposition of[Read More…]
Traders oppose move to make Connaught Place car-free in Delhi
The traders of Connaught Place (CP) are criticizing the move of making Connaught Place car-free for few months for a pilot smart city project that will launch next month, saying while demonetisation took a toll on their business, this will ruin them certainly. Starting from February, cars and buses will[Read More…]
Demonetisation: Loss to biz: 75%; 3-6 mths for normal biz activities: CAIT Gen Secy
Stating that the initial loss to business due to demonitisation as high as 75 per cent, National secretary general of the Confederation of All India Traders (CAIT) Praveen Khandelwal says “it will take three to six months for normal business activities to resume”. What are your observations about demonetisation move[Read More…]