Saturday, Jul 11, 2026
English News
  • Hyderabad
  • Telangana
  • AP News
  • India
  • World
  • Entertainment
  • Sport
  • Science and Tech
  • Business
  • Rewind
  • ...
    • NRI
    • View Point
    • cartoon
    • My Space
    • Education Today
    • Reviews
    • Property
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • My Space
  • Reviews
  • Education Today
  • Property
  • Lifestyle
Home | Business | Cait Complaints Being Examined By Competition Commission Of India

CAIT complaints being examined by Competition Commission of India

In a written reply to the Rajya Sabha, Minister of State for Commerce and Industry Som Parkash said the government has also received representations from the Confederation of All India Traders (CAIT) against e-commerce companies.

By PTI
Updated On - 12 February 2021, 08:01 PM
CAIT complaints being examined by Competition Commission of India
Source: Twitter
whatsapp facebook twitter telegram

New Delhi: Complaints received from domestic traders body CAIT, alleging biased practice adopted by banks in providing discounts for purchases made through e-commerce firms like Amazon and Flipkart, are being examined by CCI, Parliament was informed on Friday.

In a written reply to the Rajya Sabha, Minister of State for Commerce and Industry Som Parkash said the government has also received representations from the Confederation of All India Traders (CAIT) against e-commerce companies.


He said those representations were forwarded to the Enforcement Directorate, which has taken up the matter for investigation. “Complaints received from CAIT, alleging biased practice adopted by banks in providing cash backs and discounts for purchases made through e-commerce websites, such as Amazon and Flipkart, are being examined by Competition Commission of India (CCI) as well,” he added.

To a query whether ED or RBI has initiated a probe into the alleged violation of Foreign Direct Investment policy and FEMA in the deal between Flipkart and Aditya Birla Fashion and Retail, the minister answered in the negative. In a separate reply, he said a report on Review of Notorious Markets for Counterfeiting and Piracy (the Notorious Markets List) was released by US Trade Representative on January 14 this year, which aims towards addressing concerns of American companies and consumers.

“The Government of India, is under no obligation to take action on such reports and maintains that India has a strong legal and judicial system, to counter such threats of counterfeiting and piracy,” he added. He said several initiatives have been taken up for strengthening enforcement against counterfeiting and for creating strong legal deterrence.

“To counter online piracy, CIPAM (Cell for Intellectual Property Promotion and Management ) collaborated with National Internet Exchange of India (NIXI) and Maharashtra Cyber and Digital Crime Unit, to suspend over 380 infringing websites on the basis of incomplete KYC,” he said.

  • Follow Us :
  • Tags
  • Aditya Birla Fashion
  • CAIT
  • CIPAM
  • Confederation of All India Traders

Related News

  • ED probes Mumbai film producer in FEMA case, conducts searches over foreign assets

    ED probes Mumbai film producer in FEMA case, conducts searches over foreign assets

  • Flipkart extends lead in Indian e-commerce, Myntra widens lead in fashion, says BofA

    Flipkart extends lead in Indian e-commerce, Myntra widens lead in fashion, says BofA

  • Zepto founders received ED summons under FEMA, says updated IPO document

    Zepto founders received ED summons under FEMA, says updated IPO document

  • ED terminates foreign exchange violation investigation into Myntra

    ED terminates foreign exchange violation investigation into Myntra

Latest News

  • Sonam Wangchuk says he is not a hero, urges citizens to act

    1 min ago
  • ISB reappoints Prof Madan Pillutla as Dean for second five-year term

    6 mins ago
  • India giving world a new model of development: PM Modi in New Zealand

    10 mins ago
  • ECI launches online facility for SIR enumeration form submission

    14 mins ago
  • Millennials now make up 55% of India’s C-Suite: LinkedIn data

    21 mins ago
  • Hyderabad Public School Ramanthapur holds Investiture Ceremony

    26 mins ago
  • ECI allows voters living abroad or outside State to submit enumeration forms online

    31 mins ago
  • Future wars may use AI, but trained soldiers will win them: Rajnath Singh

    38 mins ago

company

  • Home
  • About Us
  • Contact Us
  • Privacy Policy

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

  • Telangana Today Telangana Today
Telangana Today Telangana Today

© Copyrights 2024 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam