Page 7 - Cloudtail India News Today

From yet another FDI setback for Amazon and Walmarts Flipkart to Joe Bidens overhaul of US immigration policy, heres a look at the Top 5 tech news today.

Cloudtail Indias GST registration suspended after tax officials find mismatch in records SECTIONS Share Synopsis “It may be noted that as part of a regular physical verification exercise, the premise (principal place of business) of M/S Cloudtail India was found to be non-existent,” the state tax department said in a statement. Getty Images Subsequently on 4th December, the Haryana excise and tax department issued a show cause notice to Cloudtail. New Delhi: The Excise and Taxation Depart...

Amazon Pay’s losses soar as revenues increase In July this year, Amazon Pay also made its entry in the insurance sector 1 min read In FY’20, Amazon Pay’s total expenses stood at ₹3238 crores, compared to ₹1995 crore in FY’19 Amazon Pay, which launched its UPI-based person-to-person (P2P) payments last year, has been focusing on acquiring newer users Share Via Read Full Story Amazon Pay India Pvt. Ltd, the digital payments arm of Amazon India, saw its revenues rise by 64% to ₹13...

Cloudtail India revenue rises 28% to Rs 11,413 crore in FY20 The wholly owned subsidiary of Prione Business Services, a venture of Amazon.com, Inc and Infosys co-founder NR Narayana Murthy’s Catamaran Ventures, Cloudtail India posted a profit of Rs 68 crore in FY20 December 11, 2020 / 10:26 PM IST Cloudtails profit stood at Rs 29.4 crore during the previous fiscal. (Source: Reuters) Cloudtail India, the largest seller of Amazon India has reported a 27.76 percent increase in its revenue to ...