wordpress blog stats
Connect with us

Hi, what are you looking for?

Retail majors complain against e-tailer pricing as they foray into e-commerce

Major Indian retailers like Reliance Industries (RIL), Aditya Birla Group, ITC, and Future Group among others have sent letters to the Ministries of Finance & Commerce through the Retailers Association of India (RAI), complaining about the predatory pricing on e-commerce platforms, reports Business Standard. Apparently, these retail majors have also sought clarity from the government regarding norms for the e-commerce segment. It seems the government is already working on these lines. Recently, the Reserve Bank of India (RBI) deputy governor HR Khan told The Times of India that RBI is working on setting guidelines for e-commerce transactions. Offline retailers have been protesting against unrealistic discounts on e-commerce marketplaces like Flipkart, Snapdeal and Amazon India for some time now, but the protests really gained momentum post Flipkart’s Big Billion Day sale and Amazon’s Diwali Dhamaka Week. Last month, some of the leading retail outlets in India, including Tata Group’s Croma, Future Group, Planet M, Next, Reliance Retail and Sangeetha Mobiles among others had reportedly refused to sell Android One handsets in protest of Google’s decision to initially launch the handsets through e-commerce platforms only. Complain and expand online What’s interesting though is that most of these retail giants either already have tie-ups with certain e-commerce platforms to sell their products or have floated their own online stores. Kishore Biyani’s Future Group had tied-up with Amazon to sell its products on the marketplace in October this year, barely a week after Biyani had accused online marketplaces of undercutting offline retailers by selling products below…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ