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Flipkart: Amazon, Flipkart challenge Karnataka HC order to stall CCI probe
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Amazon, Flipkart challenge court order
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UK Chancellor Rishi Sunak dragged into in-law Narayana Murthy firm, Amazon s tax dispute
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Mandatory gold hallmarking to be implemented in phased manner from June 16
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Infosys founder and mentor Narayana Murthy (R), his wife Sidha Murthy and son Rohan Murthy in Bangalore in 2019 Photograph: Manjunath Kiran/AFP/Getty Images
One of the largest sellers on Amazon.in is a company called Cloudtail, a business indirectly 76%-owned by an investment firm controlled by the Murthy family. The remaining quarter of Cloudtail is indirectly owned by Amazon.
An analysis of the companyâs accounts and activities by the Guardian shows that Cloudtail:
faces a £5.5m demand â including âinterest and penaltiesâ â from Indiaâs tax authorities
has paid âmeagreâ taxes over the past four years, while using a business model described as Amazon âon steroidsâ