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A three-day rally in global stocks faded on Thursday as Asian shares retreated.

RIL-FRL deal: Delhi HC asks if Amazon, Future ready to resolve issues Court was hearing a plea filed by Amazon seeking directions to order enforcement of award by Singapores Emergency Arbitrator, which restrained Future Group from signing a deal with Reliance Retail BusinessToday.In | February 2, 2021 | Updated 13:32 IST Amazon CEO Jeff Bezos and Future Group promoter Kishore Biyani The Delhi High Court has asked both US e-commerce giant Amazon and Kishore Biyani-led Future Retail Ltd (FRL) if...

Breakingviews 6 Min Read MUMBAI (Reuters Breakingviews) - Jeff Bezos has the patience and gritty determination it takes do business in India. The Amazon boss is locked in an ugly fight to stop a troubled big-box retailer from selling itself to his biggest rival, Mukesh Ambani’s $166 billion Reliance Industries. Any victory by the U.S. e-commerce giant could wind up costing thousands of jobs and spark a nasty political backlash, but the standoff also might deliver longer-term rewards. FILE PHO...

While the pandemic context cannot be ignored, it would be a mistake to view this year's budget solely through a COVID-19 lens.

Shops will close just because this fat American company wants to make money: Salve ​ By IANS | Published on ​ Fri, Jan 29 2021 23:51 IST | ​ 0 Views   Shops will close just because this fat American company wants to make money.. Image Source: IANS News New Delhi, Jan 29 : Future Retail Ltd has said in the Delhi High Court that Amazon has filed its petition seeking implementation of the emergency award for "collateral purposes". "This order has been there for over two months. It is a...

Amazon battle is about ownership of the Indian customer at any cost, Kishore Biyani tells employees SECTIONS Amazon battle is about ownership of the Indian customer at any cost, Kishore Biyani tells employeesBy Share Synopsis "For reasons we never believed earlier but quite evident today, this battle is about ownership of the Indian customer at any cost. The stated and evident policy of vexatious litigation and harassment makes one wonder about the similarity in ruthless ambition to scorch the...

Amazon-Future Retail deal comes under ED scanner for FEMA violations SECTIONS Last Updated: Jan 28, 2021, 06:58 PM IST Share Synopsis The Delhi High Court had last month observed that Amazon appeared to have indirectly obtained control over Future Retail without the approval of the government. Amazons attempt to control Future Retail through a conflation of agreements appears to be violative of FEMA’s FDI rules, according to the Delhi High Court. New Delhi: A month after the Delhi High Court...

Share Via: Known for grocery delivery, Grofers looks to become an all-rounder ecommerce platform, to rival Amazon, Flipkart, Licious, Myntra. Wouldn’t it be a surprise if your local kirana started selling refrigerators alongside its usual staples and FMCG stock? As outlandish as it may sound, the scenario is a reality in the world of e-commerce. Grocery delivery platform Grofers is expanding into newer categories. Apart from the usual staples, FMCG and fruits/vegetables, Grofers has start...

Amazon moves Delhi HC; seeks arrest of Kishore Biyani, stopping of Reliance-Future Group deal In the petition, Amazon sought enforcement of the Singapore arbitrators ruling in October against its partner Futures Rs 24,713 crore deal with Reliance. 0 claps Share on US ecommerce giant Amazon has filed a petition in the Delhi High Court, seeking the detention of Future Group founders, including CEO Kishore Biyani, and seizure of their assets as it sought to block Future Group from selling retail...

Ludhiana, January 25 From an unknown name to a name that counts today. Thus reads the success story of an octogenarian Ludhiana businesswoman, Rajni Bector, who rose from her backyard business with a paltry investment of Rs 300 to successfully raising a whooping Rs 541 crore from the market, and become an undisputed business tycoon. The IPO of her company—Mrs Bectors Food Specialities—having made history by getting oversubscribed 198 times and listing at 74 per cent premium on the offer pri...