January 25, 2022 08:06 (IST)
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CAIT files petition to block Amazon's bid to buy 100 pc stake in Cloudtail

New Delhi/UNI/IBNS: American e-commerce giant Amazon has landed in fesh trouble as Delhi-based Confederation of All India Traders (CAIT) on Friday has filed a petition before the Competition Commission of India (CCI) seeking to block Amazon's deal to acquire 100 per cent stake in Cloudtail.

Amazon seeks CCI's approval to acquire Catamaran's stake in Cloudtail

New Delhi/IBNS: Amazon has sought regulatory approval to acquire acquire Catamaran Venture’s entire stake in Prione Business Services, which owns Cloudtail, one of the largest sellers on the US-based ecommerce major’s Indian platform, Economic Times reported.

Amazon buys Narayan Murthy's stake in its biggest seller Cloudtail

Prione Business Services, the joint venture between Narayan Murthy-led Catamaran and Amazon, will be acquired by Amazon.