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February 15, 2021
Future Retail says Amazon filed petition in SC against 8 Feb order on RIL deal The logo of Amazon Future Retail also said that it will defend Amazon petitioner through legal counsel On 8 February, the Delhi High Court stayed its single judge direction to Future Retail Ltd and various statutory authorities to maintain status quo with regard to its Reliance Retail deal Share Via Read Full Story Future Retail Ltd on Monday said that e-commerce major Amazon had filed a petition on Supreme Court a...
February 15, 2021
Future Retail Ltd (FRL) on Monday said Amazon has approached the Supreme Court against a Delhi High Court order that vacated the status quo on Future Groups proposed Rs 24,713 crore-deal with Reliance Industries. In a filing to stock exchanges, FRL also said that it "shall defend the matter/proceedings through its legal counsels". Amazon and Future are locked in a bitter legal tussle after the US e-commerce giant dragged Future Group to arbitration at SIAC, arguing that the latter had violate...
February 15, 2021
New Delhi, February 15  Future Retail Ltd (FRL) on Monday said Amazon has approached the Supreme Court against a Delhi High Court order that vacated the status quo on Future Group’s propos
February 15, 2021
FRL-RIL deal: After Amazon moves Supreme Court, Future Group says will defend the matter Premium (REUTERS) Share Via Read Full Story NEW DELHI : Future Retail Ltd (FRL) today said Amazon has approached the Supreme Court against a Delhi High Court order that vacated the status quo on Future Groups proposed ₹24,713 crore-deal with Reliance Industries. Future Retail Ltd in a regulatory filing to stock exchanges said that it "shall defend the matter/proceedings through its legal counsels". TRE...
February 15, 2021
Amazon had invested in Future Coupons in August 2019, with an option of buying into the flagship FRL after a period of 3 to 10 years.
February 15, 2021
India Business News: US e-tail giant Amazon had asked for $40 million to forego its “right of first refusal” to buy Future Group’s assets in Future Retail, the Indian reta
February 13, 2021
The Competition Commission of India (CCI) may review the investment approval granted to Amazon in 2019 for acquiring a stake in Future Group’s Future Coupons Private Limited (FCPL). This agreement has
February 12, 2021
The Competition Commission of India (CCI) could look again into its November 28, 2019 order approving the deal between Amazon and Future coupons.In its 2019 filing, Amazon did not disclose to the CCI that it had restricted the promoters of Big ...
February 12, 2021
The tribunal further stated that Amazon should not be a perpetual objector. It heard Future Groups appeal to convene a shareholder meet
February 12, 2021
The Competition Commission of India (CCI) could look again into its November 28, 2019 order approving the deal between Amazon and Future coupons.