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March 15, 2022
US e-commerce giant Amazon on Tuesday told the Supreme Court that there were talks for settlement between Amazon and Future Group but there has been no headway
March 15, 2022
US e-commerce giant Amazon on Tuesday told the Supreme Court that there were talks for settlement between Amazon and Future Group but there has been no headway
March 12, 2022
By David Asta Alares New Delhi, Mar 12 (EFE).- The richest man in India and the chairman of Indian conglomerate Reliance Industries Ltd, Mukesh Ambani, recently took his rival, American multinational Amazon, by surprise overnight, taking over the operations of hundreds of stores of the Future Group conglomerate. The conglomerate is a coveted retail network …
March 12, 2022
The richest man in India and the chairman of Indian conglomerate Reliance Industries Ltd, Mukesh Ambani, recently took his rival, American multinational Amazon, by surprise overnight, taking over the . India's richest man forces Amazon's hand amid legal battle | Main | English edition | Agencia EFE
March 11, 2022
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.
March 11, 2022
Shares of Future Retail dropped 5.86% to โน45.8 on the BSE after it received termination notices for 947 stores, which it had sub-leased from the Reliance group
March 11, 2022
Fonterra and Indian FMCG supplier Future Consumer have decided to end their dairy business in the Asian country.
March 10, 2022
Add Amazon Inc to the list of companies that have been outmaneuvered by Mukesh Ambaniโs juggernaut. Not only has he jolted the US giant in the fight to dominate Indiaโs retail sector, he now holds all the cards in a $3.4 billion dogfight to buy a local cash-strapped retailer.
March 10, 2022
While the political parties will eagerly await the results for all five states, the market and the country will closely watch the results of the politically-important state of Uttar Pradesh.
March 10, 2022
Add Amazon.com Inc. to the list of companies that have been outmaneuvered by Mukesh Ambani's juggernaut.