#cait e-commerce

[entrepreneurkiawaz]

"Delhivery CEO: Quick Commerce Disrupting Kiranas"

Quick commerce platforms are having a greater impact on small retailers, or kiranas, than large e-commerce companies, according to Sahil Barua, CEO of logistics firm Delhivery. Speaking during a post-earnings call, Barua emphasized that while this view may not be widely accepted, quick commerce is disrupting kiranas more significantly than traditional e-commerce players within the broader retail ecosystem.

Delhivery’s revenue model is largely dependent on express parcel shipments, with a significant portion coming from e-commerce companies. Despite this, Barua noted that quick commerce, which focuses on ultra-fast deliveries. Read More

[townpostin]

E-Commerce Giants Face Scrutiny Over Anti-Competitive Practices

CCI Report Reveals Violations by Flipkart and Amazon, CAIT’s Suresh Sonthalia Demands Action Key Points: • CCI report finds Flipkart and Amazon violating competition laws • CAIT urges government intervention to protect domestic retailers • Calls for suspension of upcoming festive sales by e-commerce giants JAMSHEDPUR – The Confederation of All India Traders (CAIT) has labeled the Competition…

[myrefersofficial]

Cracking Down On Online Medicine Fraud: The Amazon And Flipkart Scandal

Are e-commerce platforms convenient or covert? Should you buy medicines online? 

For the past few years, the country’s online pharmacy industry has received a boost from both the growing prevalence of digital technology and the Covid-19 pandemic. Among the most important companies operating in this market in the country are Tata’s 1Mg, the soon-to-be-public PharmEasy, Amazon Pharmacy, and Flipkart Health+.

Recent news has revealed that the most popular e-commerce stores, like Amazon, Flipkart, etc., sell medicines without license. The Drugs Controller General of India (DCGI) has issued show-cause notices to e-commerce giants Amazon, Flipkart Health plus, and 20 other online sellers for selling drugs without a license.

The notice regarding this Online Medicine Fraud asked these retailers to show cause within 2 days from the date of issue, why action has not been taken against you for sale, or stock, or exhibit or offer for sale or distribution of drugs in contravention of the provisions of the Drugs and Cosmetics Act 1940 and rules made thereunder.

The notice, issued on February 8 by DCGI’s VG Somani, cited a Delhi High Court judgment dated December 12, 2018. The notification prohibits the sale of drugs online without a license. The DCGI also forwarded the directive to all states and union territories in May and November, as well as on 3 February, for mandatory action and compliance.

This notice on the Amazon and Flipkart Scandal further states that the sale, stock, exhibit, or offer for sale or distribution of any medicine requires a license from the relevant state licensing body. In addition, license holders must follow the restrictions of their license. In the absence of a response, it will be assumed that the company will remain silent on the subject.

DCGI’s Response On This Amazon and Flipkart Scandal

In its notice, the DCGI cited the notice issued by the Delhi High Court in the case of Dr Zaheer Ahmed vs. the Union of India and others. This lawsuit is one of several that are now pending in various courts to prohibit the selling of medications via the internet. The High Court has given its verdict against the online sellers of medicines. 

According to the judgment issued by the court, “respondents are injuncted from the online sale of medications without a license and the respondents are required to ensure that the same is barred forthwith until further orders.” Even after the injunction was issued, it was discovered that e-pharmacies were still selling medications online without a license. 

According to the proposed legislation’s Section 41(2), online pharmacies seek a license to continue functioning as usual. The proposed legislation also offers further recommendations for the regulation of online pharmacies. If this bill were to become law, it would also make it illegal for online pharmacies to sell medical devices without obtaining a license.

Flipkart Health Plus Defense Against This Obligation

Flipkart Health Plus said, “We are a digital healthcare marketplace platform enabling easy and convenient access to genuine and affordable medicines and healthcare products, from independent sellers, for millions of customers across India.” They have received a notice from the Central Drugs Standard Control Organisation to which they are responding appropriately. 

“As an organization, we remain committed to complying with the laws of the land and towards continuous improvements of our processes/checks and controls on our marketplace platform to build trust and enhance customer experience,” Flipkart Health plus stated. They are declining the charges of doing any type of online medicine fraud. 

Meanwhile, CAIT (Confederation of All India Traders) National President BC Bhartia and Secretary General Praveen Khandelwal have asked the government to severely enforce the law and the Delhi High Court’s verdict and ensure that no e-commerce firm is selling medicine in violation of the Drug and Cosmetic Act.

“Government must take strict action against the e-commerce, e-pharma intermediaries, marketplace platforms including Amazon and Flipkart who are selling the medicine without obtaining the requisite license.” added the trade leaders. Email queries seeking comments over the development sent to Amazon India and others did not elicit any reply. 

CAIT added on this Amazon and Flipkart Scandal that several online medicine sellers are foreign-controlled. Therefore, they are ineligible to seek these retail licenses as this would violate the extant Foreign Direct Investment policy in the multi-brand retail sector or inventory-based e-commerce.

Statistics Related To Online Medicine Sale In India

About 5,000 startups are operating in India’s health technology sector. According to a report published by Research and Markets, the size of the Indian online pharmacy market was expected to be INR 25.50 Bn in 2021. It is anticipated that the market would rise at a compound annual growth rate (CAGR) of 22.20% to reach INR 89.47 Bn by 2027. 

Online medicine sellers have raised close to $6 billion in funding between 2014 and November 29, 2022. According to the data provided by Inc42, internet pharmaceutical firms raised $1.25 billion of this total. It is important to remember that in December 2021, the government published a draft of the New Medicines and Medical Devices Bill. 

Conclusion

It is hard to identify what will be the consequence of this Amazon and Flipkart Scandal. But, at least we can assume that by the involvement of DGCI, some solution will find its way. Also, the government will make some harsh rules regarding such online medicine frauds.

Explore More, https://myrefers.com/2023/02/21/cracking-down-on-online-medicine-fraud-the-amazon-and-flipkart-scandal/

[journalistcafe]

CAIT ने ई-कमर्स कंपनियों पर लगाया नियमों की धज्जियां उड़ाने का आरोप

CAIT ने ई-कमर्स कंपनियों पर लगाया नियमों की धज्जियां उड़ाने का आरोप

कॉन्फेडरेशन ऑफ आल इंडिया ट्रेडर्स (कैट) ने विभिन्न ई कॉमर्स कंपनियों पर आरोप लगाए हैं। कैट के अनुसार ये कंपनियां अपनी हठ के चलते उपभोक्ता संरक्षण (ई कॉमर्स) कानून, 2020, लीगल मैट्रोलोजी (पैकेज्ड कमोडिटी) कानून, 2011 तथा फूड सेफ्टी स्टैंडर्डस अथॉरिटी के दिशा निदेशरें का खुले आम उल्लंघन कर रही हैं। कैट ने इस बावत केंद्रीय वाणिज्य मंत्री पीयूष गोयल को पत्र भी लिखा है। कैट के अनुसार उपरोक्त कानूनों…

[rudrjobdesk]

5 मार्च से 5 राज्यों में राजनीतिक दलों का चुनावी गणित बिगाडेंगे 8 करोड़ व्यापारी, कारोबार बंद करने की भी धमकी, जानिये किन मुद्दों पर हैं नाराज?

5 मार्च से 5 राज्यों में राजनीतिक दलों का चुनावी गणित बिगाडेंगे 8 करोड़ व्यापारी, कारोबार बंद करने की भी धमकी, जानिये किन मुद्दों पर हैं नाराज?

नई दिल्ली. कन्फ़ेडरेशन ऑफ़ ऑल इंडिया ट्रेडर्ज़ (CAIT) ने 26 फरवरी के भारत व्यापार बंद के बाद अब जीएसटी (GST) एवं ई कॉमर्स (e-commerce) के मुद्दों पर आगामी 5 मार्च से 5��अप्रैल तक राष्ट्रव्यापी आंदोलन की घोषणा की है. यह देश के सभी राज्यों में एक बृहद आक्रामक राष्ट्रीय अभियान के रूप में चलाया जाएगा. कैट ने कहा है कि यह दोनों मुद्दे देश के 8 करोड़ व्यापारियों से सीधे रूप से सम्बन्ध रखते ��ैं और जब तक…

[monicasharmalove]

Top traders body CAIT lauds CCI raids on Amazon sellers Cloudtail, Appario

The Confederation of All India Traders (CAIT) which addresses around 70 million brokers in the nation has hailed the Competition Commission of India (CCI) for leading attacks on the workplaces of Cloudtail and Appario, the two merchants of online business monster Amazon.

"It is a much-anticipated welcome advance of CCI which will unquestionably justify the substance of different grumblings made by the CAIT against Amazon and Flipkart," said CAIT secretary general Praveen Khandelwal, while remarking upon the activity of the CCI.

India's antitrust body has apparently sent off assaults against the two top homegrown merchants of Amazon over allegations of having disregarded rivalry regulations. As indicated by the sources, the assaults are connected with CCI's examination requested in January 2020 about claims of against serious direct, for example, giving profound limits on web-based deals of cell phones, and carefully choosing merchants. Different claims included savage evaluating and select associations.

For the beyond three years, the CAIT said it has been mentioning solid criticisms against the acts of neglect of Amazon and Flipkart and documented protests with CCI, other than firmly battling deferring strategies of Amazon and Flipkart in different courts also....Read more

[tezlivenews]

ई कॉमर्स कंपनियों के खिलाफ CAIT ने खोला बड़ा मोर्चा, 15 सितंबर से देशभर में चलेगा हल्ला बोल अभियान

ई कॉमर्स कंपनियों के खिलाफ CAIT ने खोला बड़ा मोर्चा, 15 सितंबर से देशभर में चलेगा हल्ला बोल अभियान

नई दिल्ल��. कंफेडरेशन आफ आल इंडिया ट्रेडर्स (Confederation of All India Traders) 15 सितंबर से कुछ ई-कामर्स कंपनियों पर मनमानी का आरोप लगाते हुए हल्ला बोल अभियान शुरू करेगा. देश के ई कॉमर्स व्यापार (E commerce business) में जिस तरह से विदेशी कंपनियां ई कॉमर्स नियमों का खुला उल्लंघन कर रही हैं. कानूनों को तोड़ मरोड़कर भारत के ई कॉमर्स व्यापार पर कब्जा जमाने की साजिश के तहत काम कर रही हैं, उसके खिलाफ…

[filternewsofficial]

महिलाओं को व्‍यापार-उद्योगों की बागडोर सौंपने की तैयारी, देश में चलेगा विशेष अभियान

महिलाओं को व्‍यापार-उद्योगों की बागडोर सौंपने की तैयारी, देश में चलेगा विशेष अभियान

नई दिल्‍ली. केंद्रीय महिला एवं बाल विकास मंत्री स्मृति ईरानी ने एक बड़ी पहल करते हुए देश भर के व्यापारियों से आग्रह किया है कि वे प्रधानमंत्री नरेंद्र मोदी के बेटी बचाओ-बेटी पढ़ाओ और महिला उद्यमिता अभियान की बागडोर संभालें और देश में महिलाओं की आर्थिक एवं सामजिक सुरक्षा के सशक्त पैरोकार बनें. इसके साथ ही विदेशी कंपनियों से देश के व्यापार को बचाने के लिए ई कॉमर्स को अपनाने में कोई संकोच न करें और…

[bengalbytes]

Amazon, Flipkart should be immediately investigated, CAIT petitioned the government

Amazon, Flipkart should be immediately investigated, CAIT petitioned the government

#NewDelhi: The decision of the Karnataka High Court was in favor of the Confederation of All India Traders, or CAIT for short. The company sued Amazon and Flipkart for allegedly profiting from the country’s trade policy, hurting small and medium-sized businesses. In this regard, the petition to the Karnataka High Court that Amazon has nothing to investigate their trade policy, the opposition’s…

[bijayssnews]

चेतावनी के बावजूद नियमों का उल्लंघन कर रही हैं ई कॉमर्स कंपनियां: CAIT

चेतावनी के बावजूद नियमों का उल्लंघन कर रही हैं ई कॉमर्स कंपनियां: CAIT

कैट के राष्ट्रीय महामंत्री प्रवीण खंडेलवाल ने पीयूष गोयल को भेजे पत्र में कहा कि व्यापारी यह समझ नहीं पा रहे हैं की गोयल द्वारा विभिन्न सार्वजनिक प्लेटफार्मों पर की गई विभिन्न घोषणाओं कि नीति और कानून का उल्लंघन करने की अनुमति किसी को ��हीं दी जाएगी. Piyush Goyal (Photo Credit: NewsNation) highlights विभिन्न ई-कॉमर्स कंपनियां लगातार एफडीआई नीति के प्रावधानों का कर रही हैं खुला…

[vilaspatelvlogs]

Flipkart और Amazon का विरोध करेगा CAIT, 28 मार्च को जलाए जाएंगे पुतले

Flipkart और Amazon का विरोध करेगा CAIT, 28 मार्च को जलाए जाएंगे पुतले

दिल्ली: विदेशी ई कॉमर्स कंपनी (Foreign e Commerce Company) के लगातार बढ़ते बिजनेस से देशी कंपनियों का हाल बदतर होता जा रहा है. इसके लिए मौजूदा कानून भी काफी हद तक जिम्मेदार हैं जिसके खिलाफ अब CAIT ने प्रदर्शन करने का मन बना लिया है. CAIT के अध्यक्ष बी सी भरतिया और राष्ट्रीय महामंत्री प्रवीण खंडेलवाल ने जानकारी दी है कि CAIT के बैनर तले 25 मार्च को ई कॉमर्स लोकतंत्र दिवस (e commerce Democracy Day)…

[sakettimes]

बंद करो Amazon की दुकान! गुस्साए व्यापारियों की मांग, बोले- 'Flipkart भी दूध का धुला नहीं'

बंद करो Amazon की दुकान! गुस्साए व्यापारियों की मांग, बोले- ‘Flipkart भी दूध का धुला नहीं’

नई दिल्ली: ई-कॉमर्स दिग्गज कंपनी Amazon कैसे देश के कानून की धज्जियां उड़ाकर अपना कारोबार कर रही है, इसे लेकर Reuters ने एक रिपोर्ट छापी थी, जिसके बाद से ही बवाल मचा हुआ है. भारतीय रीटेल विक्रेताओं ने सरकार से इस मुद्दे को गंभीरता से लेने और देश में Amazon के कारोबार पर तुरंत प्रतिबंध लगाने की मांग की है.  Amazon के खिलाफ रीटेल विक्रेता  दरअसल, Reuters में एक रिपोर्ट छपी है, जिसमें कुछ दस्तावेजों…

[arko006-blog]

CAIT backs Indian e-tailers conforming to local laws, benefitting Kiranas - ET Retail

CAIT backs Indian e-tailers conforming to local laws, benefitting Kiranas – ET Retail

[ad_1]

NEW DELHI: The Confederation of All India Traders (CAIT), a traders’ body that represents millions of local Kirana stores, on Wednesday backed Indian e-commerce companies that help digitize local grocery stores as well as comply with Indian rules and regulations.

The body, which had in the past bitterly opposed foreign e-tailers such as Amazon, accusing them of killing small businesses…

[reportwire]

Amazon India investigates use of platform for sourcing marijuana, Retail News, ET Retail

Amazon India investigates use of platform for sourcing marijuana, Retail News, ET Retail

E-commerce major Amazon India on Monday said it is currently investigating an issue, wherein its platform was allegedly used to source marijuana. On Saturday, an online marijuana sale racket was busted by Bhind police in Madhya Pradesh, leading to the arrest of two persons and seizure of 20 kilograms of the contraband, according to an official. The accused were operating the racket through a…

[vilaspatelvlogs]

Amazon, Flipkart को टक्कर देगा देसी ‘Bharat e Market’, आज लॉन्च हुआ मोबाइल ऐप

Amazon, Flipkart को टक्कर देगा देसी ‘Bharat e Market’, आज लॉन्च हुआ मोबाइल ऐप

नई दिल्ली: Bharat e Market App Launch: अब आपको ऑनलाइन शॉपिंग करने के लिए Amazon, Flipkart के अलावा एक और बड़ा पोर्टल मिल गया है. करीब 8 करोड़ व्यापारियों के संगठन Confederation of All India Traders (CAIT) ने वेन्डर मोबाइल एप्लीकेशन ‘Bharat e Market’ को दिल्ली में लॉन्च किया है. जो सीधे सीधे Amazon और Flipkart को टक्कर देगा. ये पूरी तरह से देसी ई-कॉमर्स प्लेटफॉर्म है.  Amazon, Flipkart को टक्कर…

[inventivaindia]

CAIT Supported The Indian E-Commerce Companies On Helping Local Grocery Shops To Digitize

CAIT Supported The Indian E-Commerce Companies On Helping Local Grocery Shops To Digitize

CAIT, a merchant association representing millions of local grocery stores, on Wednesday has supported the Indian e-commerce companies for its initiative to help local grocery stores to digitize and follow Indian regulations.

The Confederation of All India Traders had previously opposed foreign e-commerce companies like Amazon. CAIT claimed that it had done the act of ruining the small traders by…