Amazon Vs Future Group

The hearing of Amazon's plea, initiating insolvency proceedings against debt-ridden Future Retail Ltd has been adjourned by the National Company Law Tribunal (NCLT) until June 14. A plea seeking initiation of insolvency resolution proceedings against Future Retail Ltd (FRL) was filed by Bank of India (BoI), the lead banker in the consortium of lend...

E-commerce major Amazon has sent a notice to Future Group promoters asking them to refrain from entering into any kind of transaction with Reliance Industries group either directly or indirectly, source aware of the development said on Tuesday.

The Futures-Reliance deal got a fresh chance today from the Supreme Court, which set aside the adverse orders of the Delhi High Court and asked it to decide the case on merit. US e-commerce major Amazon has been opposing the Rs 24,731 crore deal.

U.S. retail giant Amazon and India's Future Group have been locked in a legal battle for more than a year now. The stand-off has halted Future's Rs 24,500 crore ($3.4 billion) deal with Reliance Industries. Adding more twists, Amazon has filed fresh legal challenges in its long-running dispute with Future after the antitrust agency Competition Comm...

The Amazon-Future arbitration which is going on before a three-member arbitration tribunal over the latter's Rs 24,500-crore deal with Reliance was halted by the Delhi High Court today.

Future Retail-Reliance Deal: In August last year, Reliance Retail said it will acquire Future Group's retail, wholesale business, and logistics and warehousing business for Rs 24,713 crore.

Amazon's challenge against Future Group's $3.4 billion deal with Reliance Industries will see a Supreme Court ruling today, concluding one of the most bitterly fought battles in the world's only billion-plus retail market open to foreign competition.

The Supreme Court has reserved its judgement in Amazon-Future-Reliance case and will decide whether Singapore's Emergency Arbitrator Award restraining Future Retail Ltd from going ahead with its merger deal with Reliance Retail is valid in India.

A battle between Amazon.com Inc. and Reliance Industries Ltd. to dominate India's $1 trillion consumer market is stoking nationalist rhetoric in a courtroom and outside, as the two companies tussle over the future of a distressed local retailer.

Future Retail said on Monday that it was examining an order against its deal with Reliance Industries after an arbitration panel put on hold its Rs 24,713-crore asset sale to the conglomerate led by billionaire Mukesh Ambani. Billionaire Kishore Biyani-led Future Group also said it will take steps in enforcement proceedings to close the deal withou...

The hearing of Amazon's plea, initiating insolvency proceedings against debt-ridden Future Retail Ltd has been adjourned by the National Company Law Tribunal (NCLT) until June 14. A plea seeking initiation of insolvency resolution proceedings against Future Retail Ltd (FRL) was filed by Bank of India (BoI), the lead banker in the consortium of lend...

E-commerce major Amazon has sent a notice to Future Group promoters asking them to refrain from entering into any kind of transaction with Reliance Industries group either directly or indirectly, source aware of the development said on Tuesday.

The Futures-Reliance deal got a fresh chance today from the Supreme Court, which set aside the adverse orders of the Delhi High Court and asked it to decide the case on merit. US e-commerce major Amazon has been opposing the Rs 24,731 crore deal.

U.S. retail giant Amazon and India's Future Group have been locked in a legal battle for more than a year now. The stand-off has halted Future's Rs 24,500 crore ($3.4 billion) deal with Reliance Industries. Adding more twists, Amazon has filed fresh legal challenges in its long-running dispute with Future after the antitrust agency Competition Comm...

The Amazon-Future arbitration which is going on before a three-member arbitration tribunal over the latter's Rs 24,500-crore deal with Reliance was halted by the Delhi High Court today.

Future Retail-Reliance Deal: In August last year, Reliance Retail said it will acquire Future Group's retail, wholesale business, and logistics and warehousing business for Rs 24,713 crore.

Amazon's challenge against Future Group's $3.4 billion deal with Reliance Industries will see a Supreme Court ruling today, concluding one of the most bitterly fought battles in the world's only billion-plus retail market open to foreign competition.

The Supreme Court has reserved its judgement in Amazon-Future-Reliance case and will decide whether Singapore's Emergency Arbitrator Award restraining Future Retail Ltd from going ahead with its merger deal with Reliance Retail is valid in India.

A battle between Amazon.com Inc. and Reliance Industries Ltd. to dominate India's $1 trillion consumer market is stoking nationalist rhetoric in a courtroom and outside, as the two companies tussle over the future of a distressed local retailer.

Future Retail said on Monday that it was examining an order against its deal with Reliance Industries after an arbitration panel put on hold its Rs 24,713-crore asset sale to the conglomerate led by billionaire Mukesh Ambani. Billionaire Kishore Biyani-led Future Group also said it will take steps in enforcement proceedings to close the deal withou...