ETtech Bytes on 19 Jan. 2021: Top 5 Tech News Today, in 10 Minutes
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.
Stay updated with breaking news from Cloudtail India. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 India's 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 Department of Haryana government has said that the agency earlier this week had to suspend the goods and ...
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 ₹1370 crore in 2019-20 fiscal (FY’20), as its net losses bloated to ₹1868 crore, with the company ...
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 Cloudtail's 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 Rs 11,413 crore during the financial year ended March 31, as compared to Rs 8,945 crore during the ...