New Delhi: It’s the end of an association between Amazon.com Inc and one of its biggest sellers in India, Cloudtail, before the renewal of their partnership which was coming up on May 19. A joint venture between Amazon and India's Catamaran called Prione Business Services Ltd, the parent of Cloudtail India announced the development through a joint statement they had …
Narayana Murthy-led Catamaran on Monday said they would not continue their joint venture, Prione Business Services, beyond May 2022. The announcement came just hours after a Supreme Court decision allowing Competition Commission of India to continue its probe against Amazon as well as rival Flipkart for alleged preference shown to select sellers and offering ‘deep discounts’ after entering into ‘anti-competitive …
