Page 57 - Future Group News Today

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.

(Bloomberg) — Add Amazon.com Inc. to the list of companies that have been outmaneuvered by Mukesh Ambani’s juggernaut. Not only has he jolted the U.S. giant in…

The Delhi HC has refused to entertain a plea submitted by Amazon against Reliance taking charge of Future Group’s stores.

Here's what the dispute, seen as key to deciding who gets an upper hand in one of the world's fastest-growing retail markets, is all about.

When Future Group employees came to the store early in the morning in Vadodara, West Gujarat, they were asked to go back home and no reason was given for the same.

Heres what the dispute, seen as key to deciding who gets an upper hand in one of the worlds fastest-growing retail markets, is all about and what led to the sudden change in tone., , Amazon-Future Deal, reliance industries

For more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4 billion sale of assets to rival Reliance Industries, the country's biggest conglomerate. After trading barbs in courtrooms for months, Amazon and Future unexpectedly agreed on March 3 to hold discussions to resolve their dispute.

For over a year, Amazon and India's Future are locked in a complex legal stand-off that has stalled Future's $3.4 billion sale to rival Reliance.

A Mumbai city court late last month put on hold Future's planned sale of its 25% stake in Future Generali India Insurance Company to Generali for 12.52 billion rupees.

The appeal challenges an order of the City Civil Court which temporarily restrains the company from selling its stake in Future Generali to its joint venture partner Generali Group until further order