Tuesday, August 10, 2021

As Jeff Bezos and Narayana Murthy end Cloudtail partnership amid CCI probe, here’s a timeline on one of Amazon’s largest sellers in India

As Jeff Bezos and Narayana Murthy end Cloudtail partnership amid CCI probe, here’s a timeline on one of Amazon’s largest sellers in India Amazon said on August 9 that its partnership with NR Narayana Murthy’s Catamaran would not be renewed after May 19, 2022. Prione Business Services, the JV that owns Cloudtail India, was set up in 2014. Cloudtail India’s presence on Amazon has led to allegations of malpractices by smaller online sellers, leading to a Competition Commission of India (CCI) probe

from Moneycontrol Business News https://www.moneycontrol.com/news/business/as-jeff-bezosnarayana-murthy-end-cloudtail-partnership-amid-cci-probe-here’stimelineoneamazon’s-largest-sellersindia_15405481.html

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Bajaj Auto shares fall 2% as firm, subsidiary fall prey to ransomware attack

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