Traders decry Walmart-Flipkart deal, want it scrapped
New Delhi, July 2: Delhi traders staged a sit-in here on Monday against the proposed acquisition of Indian e-commerce company Flipkart by the international super store giant Walmart.
The traders, protesting under the lobby group Confederation of All India Traders (CAIT), denounced the deal arguing that it would create "unfair competition" and demanded that the government scrap it.
They also said a body regulating e-commerce should be established.
"The deal will create an unfair competition and uneven playing field and will indulge in predatory pricing, deep discounts and loss of funding," CAIT Secretary-General Praveen Khandelwal told IANS.
Khandelwal said similar protests were organised at about 1,000 places in several states across the country with over 10 lakh offline and online traders participating in them.
The CAIT said if their demands were not met they would decide on their future course of action at the national convention to be held from July 23-25.
In Delhi, the protest was held in Karol Bagh, a big commercial hub. Similar protests were held in Mumbai, Nagpur, Pune, Surat, Ahmedabad, Bhopal, Chennai, Hyderabad, Bengaluru, Pondicherry, Raipur, Rourkela, Ranchi, Kolkata, Lucknow, Kanpur, Allahabad, Jhansi and in other cities, the CAIT said in a press statement.
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Teen killed after being hit by private bus in Bengaluru
Bengaluru (PTI): A 16-year-old boy was killed after he was allegedly hit and run over by a private bus while crossing a road here on Friday, police said.
The deceased was identified as Varun, they said.
According to police, the accident occurred around 11:30 am on the Hennur–Bagalur main road.
The boy who crossing the road on foot when he was allegedly struck by the bus and came under its rear wheel, leading to his death on the spot.
He was rushed to a nearby hospital, where he was declared brought dead.
Following the incident, family members and locals staged a protest by blocking the Hennur–Bagalur road, resulting in heavy traffic congestion in the area.
The driver of the bus has been detained, and further legal action is being initiated, a senior police officer said, adding that an investigation is underway.
