Amazon Vs Future Group Clash

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...

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 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...

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.