મૂકેશ અંબાણીને સુપ્રિમ ઝટકોઃ એમેઝોનની તરફેણમાં આપ્યો ચૂકાદો nobat.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nobat.com Daily Mail and Mail on Sunday newspapers.
Reliance Retail extends deadline to complete Rs 24,713 crore deal with Future Group
The deal, which is contested by Amazon, is facing legal hurdles and a decision from the Supreme Court is pending over the petition filed by the e-commerce major.
Share Via Email
| A+A A- By PTI
NEW DELHI: Reliance Retail Ventures, the retail arm of Reliance Industries, has extended the timeline for six months to complete its Rs 24,713 crore deal with Kishore Biyani-led future group to buy its retail and wholesale business.
Reliance Retail Ventures Ltd (RRVL) has extended the timeline for the Long Stop Date from March 31, 2021 to September 30, 2021, said a regulatory filing by Future Retail.
Delhi HC stalls RIL-Future deal; asks Kishore Biyani why he shouldn t be imprisoned- The New Indian Express newindianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newindianexpress.com Daily Mail and Mail on Sunday newspapers.
You played Narad to block Reliance-Future deal: FMCG distributors to Amazon CEO Jeff Bezos
In a letter, the association said hundreds of their members and families are suffering on account of Amazon s unwarranted adventurism.
Share Via Email
| A+A A- By IANS
NEW DELHI: All India Consumer Products Distributors Federation has written to Amazon CEO Jeff Bezos that he decided to play Narad to block the Reliance-Future deal. In a letter, the association said hundreds of their members and families are suffering on account of Amazon s unwarranted adventurism.
Around 6,000 members have dues of Rs 6,000 crore from Kishore Biyani s Future Group pending since March last year. The Reliance-Future deal in August had given hope of these dues being cleared soon. However, you decided to play Narad and blocked this deal by putting hurdles at every juncture, the association said.
Amazon, which is locked in a bitter legal battle with the Future Group over the sale of its assets to RIL, has alleged that the Future Group has violated an agreement that barred it from dealing with RIL.