Page 12 - Future Consumer News Today

On Wednesday, the benchmark indices rose for the fourth straight session led by strong gains in banking and financial stocks amid a supportive trend in European equities.

A Delhi court had dismissed Future Retail’s appeal to declare arbitration proceedings with Amazon.com as illegal.

While shares of Future Consumer fell up to 4.24% to Rs 7.45, Future Lifestyle stock lost 5.53% to Rs 49.5 on BSE.

Shares of India's Future Group companies surged about 20 per cent on Monday after the country's antitrust agency suspended Amazon.com Inc's 2019 deal with the group, potentially making it easier for Reliance Retail to buy Future's retail business. The regulator ruled the US e-commerce giant suppressed information while seeking regulatory approval on an investment in Indian

Future Group shares zoom 20% after CCI suspends approval for Amazon's deal with Future Coupons

Shares of Indias Future Group companies surged about 20% on Monday after the countrys antitrust agency suspended Amazon.com Incs 2019 deal with the group, potentially making it easier for Reliance... | December 20, 2021

India’s antitrust regulator suspended Amazon’s deal with Future, allowing a deal with competitor Reliance to go ahead.

The rally came after the Competition Commission of India (CCI) last Friday suspended a 2019 deal between Amazon and Future Coupons Pvt Ltd (FCPL)

IFPL has now become a wholly-owned subsidiary of FCL Tradevest and continues to be a step-down subsidiary of Future Consumer.

Here's a round-up of all the recent updates on the Amazon vs Future Group case since the Singapore abritration tribuna's order.