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March 16, 2022
Dispute settlement talks between Amazon.com Inc and India's Future Retail failed over the U.S. group's demand for the return of at least $200 million.
March 16, 2022
The top court allowed Amazon to file an application in the matter and scheduled the matter for further hearing on Wednesday
March 16, 2022
The Supreme Court on Wednesday suggested arbitration proceedings before the Singapore International Arbitration Centre (SIAC) governed tribunal may resume, where the American e-commerce giant Amazon could press for the relief.A bench, headed by ...
March 16, 2022
The Supreme Court on Wednesday suggested arbitration proceedings before the Singapore International Arbitration Centre (SIAC) governed tribunal may resume, where the American e-commerce giant Amazon could press for the relief.
March 16, 2022
Amazon and Future group are engaged in multi-forum litigations on the issue of FRLโs merger deal to the tune of Rs 24,500 crore with Reliance Retail.
March 15, 2022
Amazon.com Inc has gone on the attack in its bitter dispute with two Indian retailers, accusing them of fraud in Indian newspaper ads on Tuesday after Reliance Industries suddenly took over many of Future Retail stores.
March 15, 2022
NEW DELHI (Reuters) - Amazon.com Inc on Tuesday took out ads in Indian newspapers that accuse Future Retail and Reliance of "fraud" after Reliance too...
March 15, 2022
Days after billionaire Mukesh Ambani-led group took some of the stores of Future Group, whose lease had expired due to the non-payment of rent, Amazon.com Inc on Tuesday accused the two of 'fraud' and said such 'contumacious' transfer will be liable to legal action. Amazon has been contesting the Rs 24,713 crore sale of Future Group's retail assets to Ambani's Reliance group,
March 15, 2022
Amazon’s two-year effort to halt a $3.4 billion deal between its estranged partner Future Group and Reliance Retail took a new turn on Tuesday as tens of millions of Indians woke up to find the American e-commerce giant airing its grievances in several newspapers. Amazon has accused Future Group (which runs the nation’s second largest […]
March 15, 2022
Amazon on Tuesday told theย Supreme Court that there were talks for settlement between Amazon and Future Group but there has been no headway in the mediation proceedings on the assets of Future Retail Ltd (FRL). The Jeff Bezos-led company said that even as the top court ordered to keep hands off, Future Retail stores have been taken over by Reliance.