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Business Companies 30 Jul 2018 CAIT threatens to go ...

CAIT threatens to go on stir over Walmart-Flipkart deal

DECCAN CHRONICLE.
Published Jul 30, 2018, 12:06 am IST
Updated Jul 30, 2018, 6:40 am IST
Earlier this week, Suresh Prabhu said the ministry has asked the Enforcement Directorate to look into the complaints.
CAIT has decided to organise countrywide demonstrations at the offices of ED and RBI demanding expeditious enquiry in to the complaints,” CAIT said.
 CAIT has decided to organise countrywide demonstrations at the offices of ED and RBI demanding expeditious enquiry in to the complaints,” CAIT said.

New Delhi: Traders body CAIT on Sunday announced that it will launch a nation-wide protest against the $16 billion Walmart-Flipkart deal and will hold demonstrations at the offices of the ED and RBI.

CAIT said it had earlier urged the CCI to not pass any order without hearing the submission of the traders’ body, which has already filed its objections before CCI.

 

“Since the Union commerce minister while addressing the traders at the convention informed that complaint against the deal (between Walmart and Flipkart) and e-commerce companies have been sent to ED and RBI, the CAIT has decided to organise countrywide demonstrations at the offices of ED and RBI demanding expeditious enquiry in to the complaints,” CAIT said.

Earlier this week, Suresh Prabhu said the ministry has asked the Enforcement Directorate to look into the complaints.

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