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Future Group CEO Kishore Biyani Likens Amazon s Bid to Stall Retail Deal to Ruthless Alexander the Great

Future Group CEO Kishore Biyani Likens Amazon s Bid to Stall Retail Deal to Ruthless Alexander the Great Future Group CEO Kishore Biyani Likens Amazon s Bid to Stall Retail Deal to Ruthless Alexander the Great Amazon alleges Future Group violated contracts by agreeing to sell its retail assets to Reliance Industries last year. By Reuters | Updated: 30 January 2021 14:21 IST Photo Credit: Reuters Highlights The memo talks about Amazon s bid to stall Future Group s sale Indian stock exchanges cleared Future s deal with Reliance Amazon s bid to stall Future Group s $3.4 billion (roughly Rs. 24,788 crores) retail assets sale is similar to Alexander the Great s ruthless ambition to scorch the earth , the Indian group s CEO Kishore Biyani said in an internal staff memo seen by Reuters.

Broșuri cu informații false despre vaccin, împărțite în mai multe localități din Vâlcea de persoane îmbrăcate în haine monahale

Broșuri cu informații false despre vaccin, împărțite în mai multe localități din Vâlcea de persoane îmbrăcate în haine monahale
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Amazon playing dog in the manger, says Kishore Biyani in letter to Future Group employees

Updated Jan 29, 2021 | 23:40 IST Biyani says in the letter that Amazon s only objective is to create confusion about the deal with Reliance, to disrupt the Group and create uncertainty around the future for the Group s ecosystem. Representational Image  |  Photo Credit: PTI Key Highlights Kishore Biyani wrote to Future Group employees after the Delhi HC heard arguments by the group as well as by Amazon today Biyani assured employees that the company is on strong legal footing Amazon’s relentless attack is on Future Retail, the Board of Directors, lenders, promoters, and is unsparing of even on my father, uncle and children, wrote Biyani

Amazon battle is about ownership of the Indian customer at any cost, Biyani tells employees

Amazon battle is about ownership of the Indian customer at any cost, Kishore Biyani tells employees SECTIONS Amazon battle is about ownership of the Indian customer at any cost, Kishore Biyani tells employeesBy Share Synopsis For reasons we never believed earlier but quite evident today, this battle is about ownership of the Indian customer at any cost. The stated and evident policy of vexatious litigation and harassment makes one wonder about the similarity in ruthless ambition to scorch the earth akin to the Greek Alexander - after all, they are inspired to name their product as Alexa, he wrote adding that Alexander conquered large parts of the world but failed in India.

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