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Mukesh Ambani vs Amazon: How Reliance is winning game of thrones in Future retail dispute

Reliance has 1,100 supermarkets, while Future has around 1,500. For its part, Amazon has invested $6.5 billion in India. At stake is whether Amazon can become a bigger force in a $900 billion retail market, with 1.3 billion consumers, than Reliance.
Gopal Subramanium Devangshu Dutta Supreme Court Mukesh Ambani Reliance Industries Reliance Industries Singapore International Arbitration Centre

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Months before RIL-Future deal, Amazon devised Rs 6,000 cr rescue plan for Biyani's company

Months before RIL-Future deal, Amazon devised Rs 6,000 cr rescue plan for Biyanis company But Future group says Amazon failed to provide any help to debt-laden company that suffered a massive setback during COVID-induced lockdown. Amazon, on the other hand, says there were ongoing discussions on multiple options with partners and with the promoters of Future BusinessToday.In | March 3, 2021 | Updated 13:03 IST Amazon on February 12 moved the Supreme Court (SC) in a bid to block the deal Even a...
Kishore Biyani Supreme Court Even As Amazon Inc Retail Ltd Competition Commission Of India Delhi High Court

Amazon demanded $40 million to forego its right of first refusal: Future Group

Amazon demanded $40 million to forego its right of first refusal: Future Group Kishore Biyani-led homegrown retailer claimed in a submission to the emergency arbitrator that Abhijeet Mazumdar, head of corporate development and private investments at Amazon made a verbal offer to Future Group promoter on behalf of the e-tailer BusinessToday.In | February 15, 2021 | Updated 13:28 IST Future Retail that has locked horns with Amazon over its deal with Mukesh Ambani-led RIL said that the US giant a...
Abhijeet Mazumdar Amit Agarwal Singapore International Arbitration Centre Reliance Industries Future Retail Mukesh Ambani Led

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