1/5/2024 0 Comments Jeff bezos daily expensesFacing intense scrutiny on large, connected-party resellers on the retailing website, the partners have agreed to dissolve the joint venture by next year. (Murthy hasn’t publicly commented on the article, while the RSS has sought to distance itself by saying that the magazine is not its mouthpiece.)The scurrilous allegations are only part of the problem. As the Canadian communications theorist Marshall McLuhan said, the medium is the message. The article referred to glitches in the tax e-filing portal the vendor has developed for India to level unsubstantiated accusations that made many in the country’s private sector nervous. “There are allegations that Infosys management is deliberately trying to destabilize the Indian economy,” it said. Interestingly, Murthy, who’s now just a large shareholder in Infosys, owns, through his family office, three-quarters of Cloudtail, the largest seller of goods made by others on Amazon’s India website. Amazon owns the rest. 5 issue of Panchjanya had on its cover, in a similar unflattering light, Narayana Murthy, a co-founder of software firm Infosys Ltd. It won’t move the needle during elections, which routinely make use of all kinds of prejudices to polarize voters. But it’s nowhere as powerful or all-pervasive as China’s Alibaba Group Holding Ltd. A Prime Video series in India, made by Indian writers and directors, can say all it wants against caste, misogyny or religious hatred. Yes, Amazon runs one of two dominant digital marketplaces and has valuable customer data. “Why does anyone need to offer a bribe?” the article asks. “Only to do something wrong or to hide it.”Online buying doesn’t account for even a 10th of India’s $800 billion retail trade. In Amazon, it has found its rapacious colonizer come to destroy India all over again. But Panchjanya isn’t waiting for any of that. Securities and Exchange Commission, which enforces the Foreign Corrupt Practices Act jointly with the Department of Justice, will have to determine if the law was broken. Regardless, the e-commerce behemoth has to investigate the whistleblower complaint.
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