Amazon Internet Services — Amazon’s subsidiary, which undertakes the resale and promoting of Amazon Web Services’ (AWS) cloud services in India, has reported a net loss of Rs 20 lakh for the economic year ended March 31, 2020. The corporation had posted earnings in the preceding FYs which includes Rs 71.1 crore in FY19, Rs 28.5 crore in FY18, Rs 176.2 crore in FY17, and Rs 3.7 crore in FY16. On the other hand, the revenues reported for FY20 stood at Rs 4,216 crore, up 54 per cent from Rs 2,740 crore in the preceding economic year even as costs also elevated 60.5 per cent to Rs 4,178 crore in FY20 from Rs 2,602 crore in FY19.