Tech
Amazon India board clears merger of logistics arm with marketplace entity
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Amazon Transportation Services (ATS), the American ecommerce giant’s Indian logistics arm, is merging with Amazon Seller Services, the primary marketplace entity in India, according to a board approval document filed by the latter with the Registrar of Companies (RoC) and accessed by ET.
The National Company Law Tribunal (NCLT) has granted interim clearance for the merger. According to Amazon’s filings with the NCLT, the merger is being conducted to reduce legal and regulatory compliance requirements and better manage the infrastructure and other…
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