Updated Dec 21, 2020 | 07:09 IST
The Delhi High Court will give its judgment at 10:30 am on Monday (December 21). Last month, the Competition Commission of India had approved RIL s Rs 24,713-crore offer to acquire Future Group’s retail assets. Delhi High Court to give verdict on Future-Retail-Amazon case today. | Photo Credit: BCCL
New Delhi: The Delhi High Court is all set to give its judgment on Monday (December 21) on Future Retail Ltd’s plea to restrain online behemoth Amazon.com from writing letters to regulators against its asset sale with Mukesh Ambani-controlled Reliance Industries Ltd (RIL).
The court will give its ruling at 10:30 am on Monday,
Delhi HC declines Future Retail Ltd s plea for interim order injuncting Amazon from writing to authorities about arbitral award | दिल्ली हाईकोर्ट ने अमेजन को दखल देने से रोकने की मांग वाली फ्यूचर रिटेल की याचिका खारिज की
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Future Retail-Amazon Case: Delhi HC Says FRL-Reliance Deal In Accordance With Laws, But Can t Stop Amazon From Writing To Regulators
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India Tops China As Most-Preferred FDI Hub for Gulf Investors Published December 15th, 2020 - 07:00 GMT
SWFs from across the world deployed capital worth a record $14.8 billion in India. (Shutterstock)
Highlights
India overtook its rival amid efforts to ramp up FDI in infrastructure
India has replaced China as the most sought-after investment destination for global sovereign wealth funds in the private sector in 2020, riding the crest of a dramatic surge in FDI flow from Gulf-based SWFs.
In 2020 to date, SWFs from across the world deployed capital worth a record $14.8 billion in India, which is nearly three times more than what they have put in China ($4.5 billion), according to data by New York-based Global SWF, which tracks over 400 State-Owned Investors (SOI), including SWFs and pension funds.
Future Enterprises Ltd plans to prepay NCDs from proceeds of Rs 24,713 crore deal with Reliance
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