Amazon acquiring the publishing business of Westland

This is a development that has the potential to disrupt the existing reality of publishing in India, the third largest English language publisher in the world. In a recently development, online retail giant Amazon has agreed to acquire the remaining 74% stake in Westland, the publishing unit of the Tata group retail company Trent. In February, Amazon bought a 26% stake in Westland for about Rs 9.5 crore. Trent had said at the time that Amazon had the option to acquire the remaining 74% stake lat

by Dibyajyoti Sarma