The notice from the Cloudtail CEO marks the first instance of the Prione subsidiary formally informing vendors of shutting Cloudtail.

Paytm Payments Bank cannot accept new customers and must appoint a firm to audit its IT system, the central bank said on Friday.

Top Amazon India executives are expected to hold a meeting on the matter on Thursday, people aware of the developments said.

In late December we reported that Amazon was seeking regulatory approval to acquire Catamaran Ventures' entire stake in Prione Business Ser...

Manish Tiwary to run day-to-day India operations

Amazon Seller Services, which runs the Amazon India marketplace, posted a loss of Rs 4,748 crore in FY21, down from Rs 5,849 crore in FY20....

Along with the policy flux, there were big corporate battles being fought to clinch the growing market for online commerce, number of M&As,...

While Cloudtail will operate as per current strictures until May, if CCI’s clearance comes before that, the companies will move ahead to co...

Amazon will pick up Catamarans’ stake in the joint venture and the ecommerce giant has made a filing with the Competition Commission of Ind...

Amazon reportedly developed independent sellers such as Cloudtail, as 'special merchant' which enjoyed over 35 per cent of total sales on t...

A minority stake in Udaan will give NR Narayana Murthy’s Catamaran Ventures a foothold in India’s B2B e-commerce space dominated by IndiaMa...

The deal allowed Amazon to recover a big chunk of item listings frozen since new ecomm rules kicked in.

Services like Amazon Fulfilled and Flipkart Assured that offer superfast delivery to consumers and are available to sellers only if they me...

The deal will see Amazon co-create financial products with Acko - besides being its distributor - in the first such move by the web retaile...

Online marketplace approaches Burman Family Holdings and family office of Infosys co-founder Kris Gopalakrishnan to create joint ventures.

Harminder Sahni, founder of retail consultancy Wazir Advisors, said the Amazon-Future Group deal was nothing more than a headline-grabbing ...

Premji has gone with the domestic players; he has investments in Myntra and Snapdeal while Murthy has placed his bets on global e-tailing g...