Indian trade body blames Amazon and Walmart for an “unholy alliance” with banks ...Middle East

Quartz - Economy
Indian trade body blames Amazon and Walmart for an “unholy alliance” with banks
source : Quartz ( Middle East ) () 19
India’s small businesses have taken their fight against Amazon and Walmart a notch higher.Yesterday (Nov. 30), the Confederation of All India Traders (CAIT), an organisation of over 60 million small local businesses, wrote a letter to finance minister Nirmala Sitharaman alleging that banks in the country are indulging in “unethical practices” in collusion with Amazon and Flipkart (owned by Walmart) by giving cash backs and incentives to shoppers who make payment using specific credit or debit cards.“If the same product is purchased from an offline market even by using the card of the same bank, the respective bank is not offering any cashback or incentives,” CAIT said in its letter. “Such co

Read More Details
Finally We wish PressBee provided you with enough information of ( Indian trade body blames Amazon and Walmart for an “unholy alliance” with banks )

Also on site :

Most viewed in Economy
JA Solar with 23 Leading Solar Companies unveils the first Initiative for Global Solar Sustainable Alliance at UNGC's summit
PR Newswire - before 10 hours & 5 minute
Mysterious keys and stale food ‘among most ridiculous items home movers find’
INDEPENDENT - before 5 hours & 42 minute
Das globale Finale des Huawei ICT-Wettbewerbs 2024-2025 ist abgeschlossen: KI unterstützt den Bildungswandel und die Entwicklung von ICT-Talenten
PR Newswire - before 7 hours & 2 minute
Unlocking the Hidden Value of Used Electric Vehicle Batteries
OILPRICE - before 11 hour & 45 minute
Trump delays 50% tariffs on EU to July 9
CNBC - before 5 hours & 54 minute
Industry Forums at 137th Canton Fair Spotlight Emerging Trends and Global Strategies
PR Newswire - before 4 hours & 12 minute
USGS Discovers Large Oil & Gas Deposits In Wyoming   
OILPRICE - before 7 hours & 53 minute
Huawei ICT Yarışması 2024-2025 Global Finali Sonuçlandı: Yapay Zeka Eğitimde Dönüşümü ve ICT Yetenek Gelişimini Güçlendiriyor
PR Newswire - before 6 hours & 28 minute
HONOR wprowadza na rynek serię HONOR 400 z aparatem głównym wspieranym przez sztuczną inteligencję
PR Newswire - before hour & 53 minute
Huawei ICT Competition 2024-2025 Global Final afgesloten: AI versterkt de transformatie van het onderwijs en de ontwikkeling van ICT-talent
PR Newswire - before hour & 19 minute
Africa: Africa Day 2025 - a Call for Justice, Unity, and Hope for the Continent and Sudan
allafrica - before 12 minute


Latest News

Africa: Africa Day 2025 - a Call for Justice, Unity, and Hope for the Continent and Sudan

before 12 minute

Huawei ICT Competition 2024-2025 Global Final afgesloten: AI versterkt de transformatie van het onderwijs en de ontwikkeling van ICT-talent

before hour & 19 minute

HONOR wprowadza na rynek serię HONOR 400 z aparatem głównym wspieranym przez sztuczną inteligencję

before hour & 53 minute

NX Group запускает морской сервис доставки «Vienna Consolidation» из Японии в Центральную/Восточную Европу

before 3 hours & 12 minute

Industry Forums at 137th Canton Fair Spotlight Emerging Trends and Global Strategies

before 4 hours & 12 minute

Mysterious keys and stale food ‘among most ridiculous items home movers find’

before 5 hours & 42 minute

OPEC+ Takes Aim at U.S. Shale, Again

before 5 hours & 42 minute

Trump delays 50% tariffs on EU to July 9

before 5 hours & 54 minute

Huawei ICT Yarışması 2024-2025 Global Finali Sonuçlandı: Yapay Zeka Eğitimde Dönüşümü ve ICT Yetenek Gelişimini Güçlendiriyor

before 6 hours & 28 minute

Das globale Finale des Huawei ICT-Wettbewerbs 2024-2025 ist abgeschlossen: KI unterstützt den Bildungswandel und die Entwicklung von ICT-Talenten

before 7 hours & 2 minute

CIT Minister Alswaha reviews stc Group’s digital and technical readiness for Hajj season 

before 7 hours & 50 minute

USGS Discovers Large Oil & Gas Deposits In Wyoming   

before 7 hours & 53 minute

JA Solar with 23 Leading Solar Companies unveils the first Initiative for Global Solar Sustainable Alliance at UNGC's summit

before 10 hours & 5 minute

Unlocking the Hidden Value of Used Electric Vehicle Batteries

before 11 hour & 45 minute

Trump’s Foreign Policy Shifts Reshape European Defense Strategy

before 13 hour & 39 minute