Future Supply Chains News Today

In setback to Amazon, Delhi HC stays status quo on Future-Reliance deal ANI | Updated: Feb 09, 2021 02:23 IST New Delhi [India], February 9 (ANI): The Delhi High Court on Monday stayed single judge bench order which had directed Future Retail Limited (FRL) to maintain the status quo with respect to its deal with Reliance and issued notice to Amazon on Future Retail Ltd plea. The court listed the matter for further hearing on February 26, and issued notice t...

Representative Image Delhi HC directs Future Retail Ltd to maintain status quo in its deal with Reliance, grants interim relief to Amazon ANI | Updated: Feb 02, 2021 22:09 IST New Delhi [India], February 2 (ANI): The Delhi High Court on Tuesday directed Future Retail Limited to maintain status quo with respect to its deal with Reliance while granting interim relief to Amazon. A single-judge bench of Justice JR Midha said the court is satisfied that immediat...

Representative Image Future Retail informs BSE, NSE about Delhi HC order, says Amazons attempt to control the company violative of FEMA FDI rules ANI | Updated: Dec 23, 2020 22:18 IST Mumbai (Maharashtra) [India], December 23 (ANI): Future Retail on Wednesday wrote a letter to BSE and NSE regarding Delhi High Courts recent judgement and apprised that Amazons attempt to control the company is violative of FEMA FDI rules. It also informed stock exchanges tha...

Regulators will decide Future-Reliance deal: Delhi HC ANI | Updated: Dec 21, 2020 17:44 IST New Delhi [India], December 21 (ANI): The Delhi High Court on Monday held that the statutory authorities or regulators will decide on the approval of the Future-Reliance deal as per the law and declined a plea of Future Retail Ltd to restrain Amazon from interfering in its deal with Reliance Retail on the basis of an interim order of Singapore International Arbitrati...

The Delhi High Court on Monday declined to grant Kishore Biyani-led Future Retail Ltds (FRL) plea for an interim injunction restraining Amazon from writing to SEBI, CCI and other authorities about the arbitral order against its asset sale. On August 29 this year, the Future Group announced sale of its retail and wholesale business to Reliance Retail in a Rs 24,713 crore deal. It announced plans to merge key group companies, including Future Retail, Future Lifestyle Fashions, Future Consumer...

Updated Dec 21, 2020 | 11:06 IST On November 20, Delhi High Court had reserved verdict a plea Future Retail Ltd seeking to restrain Amazon from interfering in the Reliance Retail-Future deal on the basis of an interim order passed by SIAC Amazon-Future Retail case: Delhi High Court refuses to restrain Amazon from writing to SEBI, CCI&nbsp New Delhi: In a major setback to Kishore Biyani-led Future Retail, the Delhi High Court on Monday refused to restrain e-Retail giant Am...

Explore Now NEW DELHI: Future Enterprises Ltd on Wednesday reported a consolidated net loss of Rs 320.56 crore for the second quarter ended September 2020, on account of lower revenue from operations. The company had posted a net profit of Rs 21.78 crore in the corresponding quarter a year ago. Its revenue from operations was down to Rs 237.88 crore during the quarter under review as against Rs 1,699.84 crore reported in the corresponding quarter last fiscal, Future Enterprises Ltd (FEL) said...