Cloudtail

New FDI norms in e-commerce: Amazon's JV with Catamaran in Prione Business Services undergoes rejig; Cloudtail makes a comeback

Amazon's joint venture with Catamaran Ventures, Prione Business Services, which runs one of Amazon.in's largest sellers Cloudtail, has been restructured to meet compliance with new FDI rules for e-commerce introduced earlier this month

Amazon modifies its business structures to comply with new e-commerce regulations

Amazon had to remove items as it indirectly held 49% equity stakes in both Cloudtail and Appario.

Walmart may move out of Flipkart after changes in FDI norms for e-commerce firms, warns Morgan Stanley

Walmart-backed Flipkart on 1 February had said it was disappointed with the government's decision to implement the changes in rules for e-commerce companies with foreign investment in "haste".

No groceries at Amazon, no replacement of products through Cloudtail; big e-tailers will wriggle their way through

When rules are not followed by the government, e-commerce majors have found it convenient to sell through subsidiaries.

Amazon sees long-term prospects in India, says evaluating changes in FDI rules to avoid 'unintended consequences'

Both Amazon and Flipkart had extensively lobbied (directly as well as through associations and trade bodies) with government officials seeking an extension in deadline after the proposed changes were announced in December.

Amazon's plan to foray into retail food sector may be scuttled by govt's tightening of e-commerce rules

In 2018, Amazon had proposed $500 million investment in retailing of food products in India.

New e-commerce policy aids smaller players by breaking unholy nexus between marketplace and affiliate sellers

The domestic lobby has succeeded in convincing the government that friendliness towards FDI in e-commerce should not hamper healthy competition

E-commerce rules tightened; govt bans online firms from entering into exclusive agreements with sellers

The government also said that e-commerce companies will be prevented from entering into exclusive agreements with sellers.

Flipkart and Amazon did not break regulations, not abusing market position in India: CCI

The CCI added its “considered opinion” was that Amazon has also not broken the rules.

Amazon wins government approval to stock and sell food groceries in India

Amazon confirmed winning government approval for its plan to sell food products, but it declined to provide further details.