A lawyer for Future Retail Limited (FRL) on Thursday told the Delhi High Court that Reliance has offered Rs 24,000 crore deal to Future which will take all the liabilities and save the jobs of 25,000 employees. The lawyer argued that all the banks and shareholders of Future are safe through this deal as it put money on the table. The Delhi High Court is hearing the appeal filed by Future Retail Limited (FRL) against the Court s order passed earlier this week. It had asked FRL to maintain the status quo with respect to its $3.4 billion (about Rs 24,700 crore) deal with Reliance Retail. The court had said it was satisfied that an immediate interim order was required to be passed to protect the rights of e-commerce firm Amazon.
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Pro-Khalistani SFJ Wants To Plunge Delhi Into Darkness On Republic Day; Appeals To Farmers
In another attempt to infiltrate the farmer protests, Pro-Khalistani terror outfit SFJ urged the people of Delhi to not participate in Republic Day celebaration
In its latest attempt to infiltrate the ongoing farmer protests, pro-Khalistani secessionist outfit Sikhs for Justice (SFJ) has urged the people of Delhi to not participate in the Republic Day celebrations at Rajpath on 26 January while also threatening to cut off electricity supply to the national capital on Republic Day. The radical outfit appealed to the farmers to target electricity companies allegedly owned by Ambanis in order to plunge Delhi into darkness . SFJ issued a stay home-stay safe advisory while appealing to the people of the national capital to boycott the Republic Day parade at Rajpath.
Read more about Delhi HC issues notice to Future, RIL retail arms on Amazon s plea on Business Standard. The Court issued a notice in the matter and listed it for further hearing on February 12
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