User: rohan Topic: Foreign Direct Investment in Retail
Category: Small Retailers
Last updated: Jun 13 2018 18:35 IST RSS 2.0
 
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Power to empower - leading B2B2C digital fintech portal 13.6.2018 Sify Finance
[India], June 13 (ANI-BusinessWireIndia): Multilink is a retail tech platform focused on empowering the unorganised retailers of India. Today we have more than 60,000 mom and pop stores spread
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Roadblocks that could derail the Walmart, Flipkart deal 12.6.2018 Rediff: Business
'If Walmart is a physical retailer, why is it striking a deal with Flipkart for the online space?'
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Kirana stores and the power of big data 11.6.2018 Rediff: Business
Big retailers are openly talking of plans to harness the power of big data, even reporting those in annual reports as part of a long-term strategy.
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Walmart-Flipkart: CCI may suggest changes 10.6.2018 Hindu: Fitness
To address competition concerns
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Competition Commission may suggest structural changes in Walmart-Flipkart deal 10.6.2018 Hindu: Home
The CCI might also take cues from a ruling in South Africa with respect to Walmart-Massmart deal, which was announced in 2010.
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How to use consumer laws against shops selling goods above MRP 8.6.2018 Citizen Matters
Nobody can sell anything above Maximum Retail Price (MRP). If they do, they can be sued. Many cases of people who won the MRP battle, explained here. »
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'Walmart will dump all the kachra in India' 7.6.2018 Rediff: Business
'Walmart will source globally and more from China and will dump these cheap goods in India, making our country a dumping yard.'
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India's biggest competitors to Walmart and Amazon? Mom and Pop 30.5.2018 Business Standard: Today
As Walmart and Amazon sink billions into e-commerce in India, they might be overlooking a tough rival on every corner
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Traders' body CAIT files plea in CCI against Walmart-Flipkart deal 29.5.2018 Latest News
The confederation has "filed its objection petition in CCI against the Walmart-Flipkart deal
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Indian traders' group files objection to Walmart-Flipkart deal 28.5.2018 General News
MUMBAI (Reuters) - The Confederation of All India Traders (CAIT) has filed an objection to Walmart Inc's $16 billion merger with e-commerce company Flipkart with the country's competition watchdog, it said on Monday.
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CAIT files petition in CCI against Walmart-Flipkart deal 28.5.2018 General News
Traders body CAIT today said it has approached the Competition Commission of India (CCI) against the Walmart-Flipkart deal, stating that it will create unfair competition and an uneven level playing field for domestic players. The Confederation of All India Traders (CAIT) said the deal would deny market access to non-preferred sellers and impact small traders on offline platform. The confederation has "filed its objection petition in CCI against the Walmart-Flipkart deal," it said in a statement. "The merger of two companies will create an unfair competition and uneven level playing field and will indulge in predatory pricing, deep discounts and loss funding," it alleged. It also claimed that Flipkart is a combination of exclusive tie-ups and preferential sellers, where even online vendors face discriminatory conditions. Walmart, it said, would sell its inventory on the platform of flipkart.com either directly or through a web of associated preferred sellers. "This will create an ...
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Walmart-Flipkart deal: Top traders body CAIT files plea in CCI, says mega deal will create unfair competition 28.5.2018 DNA: Recent Columns
Traders body CAIT today said it has approached the Competition Commission of India (CCI) against the Walmart-Flipkart deal, stating that it will create unfair competition and an uneven level playing field for domestic players. The Confederation of All India Traders (CAIT) said the deal would deny market access to non-preferred sellers and impact small traders on offline platform. The confederation has "filed its objection petition in CCI against the Walmart-Flipkart deal," it said in a statement. "The merger of two companies will create an unfair competition and uneven level playing field and will indulge in predatory pricing, deep discounts and loss funding," it alleged. It also claimed that Flipkart is a combination of exclusive tie-ups and preferential sellers, where even online vendors face discriminatory conditions. Walmart, it said, would sell its inventory on the platform of flipkart.com either directly or through a web of associated preferred sellers. "This will create an unhealthy competition ...
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Walmart India, Flipkart top executives meet CCI; apprise of business activities 23.5.2018 DNA: Recent Columns
Top executives of Walmart India and Flipkart on Wednesday met fair trade regulator CCI to explain their activities in the country, days after submitting an application seeking approval for their USD 16-billion mega merger deal. While there was no official word on the meeting, sources said it was a "courtesy call" by the executives of the two companies during which they also apprised the regulatory authority of Walmart's global sourcing from India, including from the farmers, and its work towards kirana stores and supplier development programmes. Those present in the meeting included Walmart India president and CEO Krish Iyer and the company's senior vice president and chief corporate affairs officer Rajneesh Kumar, besides Flipkart CEO Kalyan Krishnamurthy and its group legal head R Baweja, sources said. In their meeting with CCI member Sudhir Mittal, the officials of the two companies briefly explained about their individual businesses, development programmes and other activities. The meeting comes days ...
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Flipkart, Walmart India top executives meet CCI to explain biz activities 23.5.2018 Business Standard: News Now
In their meeting with CCI member Sudhir Mittal, the officials of the two companies briefly explained about their individual businesses, development programmes and other activities
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Walmart India, Flipkart top executives meet CCI; apprise of biz activities 23.5.2018 General News
Top executives of Walmart India and Flipkart today met fair trade regulator CCI to explain their activities in the country, days after submitting an application seeking approval for their USD 16-billion mega merger deal. While there was no official word on the meeting, sources said it was a "courtesy call" by the executives of the two companies during which they also apprised the regulatory authority of Walmart's global sourcing from India, including from the farmers, and its work towards kirana stores and supplier development programmes. Those present in the meeting included Walmart India president and CEO Krish Iyer and the company's senior vice president and chief corporate affairs officer Rajneesh Kumar, besides Flipkart CEO Kalyan Krishnamurthy and its group legal head R Baweja, sources said. In their meeting with CCI member Sudhir Mittal, the officials of the two companies briefly explained about their individual businesses, development programmes and other activities. The ...
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V-Mart Retail hits new high; stock zooms 1400% in 5 years 16.5.2018 Business Standard: News Now
The stock hit a new high of Rs 2,405, zoomed 1403% in past five years from Rs 160 against 76% surge in the S&P BSE Sensex.
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Why RSS affiliate is against Walmart-Flipkart deal 11.5.2018 Rediff: Top Stories (India)
'If you allow Walmart to operate in India, our manufacturing will finish completely.''What will happen to Narendra D Modi's dream then? There will be no Make in India.'
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Walmart gobbling up Flipkart means the dream of an Indian Alibaba is dead 11.5.2018 Latest News
Nowhere has the promise of India's booming middle class proven to be more hollow then when it comes to how e-commerce sales have panned out
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Walmart go back! Trader, farmer groups decry deal 10.5.2018 Hindu: Medicine & Research
According to the deal, Walmart’s investment is in Flipkart’s online marketplace platform, where foreign investment is allowed.
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Walmart Go Back! Some Indian trader, farmer groups decry Flipkart deal 10.5.2018 General News
NEW DELHI (Reuters) - A day after U.S. retail giant Walmart struck its largest deal with a big ticket investment in Indian online marketplace Flipkart, a right-wing Hindu group that fears small traders will suffer staged a protest in New Delhi calling for the deal to be scrapped.
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