However, Amazon recently said it has decided that Appario Retail would cease as a seller on the e-commerce giant's platform within the next 12 months
Central Consumer Protection Authority directs Cloudtail to recall and reimburse the prices of 1,033 pressure cookers sold to consumers and submit a compliance report in 45 days
The development comes at a time when Cloudtail, once the largest seller on Amazon's India marketplace, shut operations on the e-commerce platform as a seller this year amid regulatory pressure
The e-commerce firm's revenue grew 15% to Rs 19,090 cr in FY22
An initial hearing on Cloudtail's filing at the Delhi High Court on June 3 did not mention the detentions, and the contents of the filing have not been posted publicly
India's antitrust body has reportedly launched raids against the two top domestic sellers of Amazon over accusations of having violated competition laws
India's antitrust body launched raids at two top sellers of Amazon.com Inc over violations of domestic competition laws, two sources with direct knowledge of the matter said
Domestic traders' body CAIT said it has filed a petition before the CCI to block the transaction that has been entered into by Amazon where they will acquire 100 per cent shareholding in Cloudtail.
The firm's net profit was up 171% YoY to Rs 183 crore
As Bezos and Narayana Murthy end their joint venture, their prolific growth cannot be discounted
The two partners on Monday announced they have mutually decided to not continue their joint venture beyond the end of its current term
Business Standard brings you the top headlines this evening
The Indian Sellers Collective has written an open letter to N. R. Narayana Murthy urging him to end partnership with Amazon for Cloudtail India.
Business Standard brings to you top headlines on Tuesday
Cloudtail, one of the largest sellers on Amazon India, is owned by Prione Business Services
Big e-commerce firms selling their own private labelled brands and inventory at discounts, High Court told
Cloudtail's growth comes on the back of Amazon continually stepping up its investments in its India business