Delhi HC declines Future Retail’s injunction plea against Amazon
Delhi HC declines Future Retail’s injunction plea against Amazon
The development is a blow to Future Retail which has been engaged in a tussle with Amazon over the sale of its retail business to Reliance Industries Limited (RIL).
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UPDATED: December 21, 2020 12:04 IST
The Delhi High Court has declined FRL s plea for an interim injunction restraining Amazon from writing to authorities about the arbitral order against its asset sale to Reliance. (Photo: Reuters/Representational image)
The Delhi High Court (HC) has declined to grant Kishore Biyani-led Future Retail Limited’s (FRL) plea for an interim injunction restraining Amazon from writing to market regulator Sebi, CCI and other authorities about the arbitral order against its asset sale.
Highlights
The zoo will reportedly be called Greens Zoological Rescue and Rehabilitation Kingdom and will be spread over 250.1 acres.
These animals are likely to be the part of the zoo the African Lion, Cheetah, Jaguar, Indian Wolf, Asiatic Lion, Pygmy Hippo.
New Delhi: The Reliance Industries Limited is going to build one of the world s largest zoos in Gujarat s Jamnagar. As we all know the world s tallest statue is in Gujarat (Statue of Unity in Kevadiya). Now, one of the world s biggest zoos, in terms of number and species of animals at one place, is coming up very shortly in Jamnagar, PTI quoted MK Das, additional chief secretary in Gujarat s chief minister s office as saying.
Explained: Why Future Group took Amazon to court, and what the Delhi HC said
Given that Future Retail failed to stop Amazon from presenting itself to the various government bodies and regulators, the e-commerce giant will be allowed to make its case, mainly on the basis of the arbitration award. Written by Pranav Mukul , Edited by Explained Desk | New Delhi | Updated: January 4, 2021 12:08:35 pm
The Amazon logo sits on a box as it passes under a scanner inside an Amazon center. (Bloomberg Photo: Alex Kraus, File)
The Delhi High Court Monday declined to grant Future Retail Ltd’s (FRL) plea for an interim injunction restraining Amazon from writing to SEBI, CCI and other authorities about the arbitral order against its asset sale.
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Size matters. So does substance. India’s biggest projects are in Gujarat. Five of our 13 Nobel Laureates are from Bengal December 21, 2020, 8:56 AM IST
A journalist who has lived all over India and is now based in Bangalore
The Covid-infested year 2020 began with the construction completed of the world’s biggest cricket stadium in Gujarat’s largest city of Ahmedabad with the capacity to seat 110,000 spectators. The end of the year saw the Indian team being bowled out by Australia at Adelaide for its lowest-ever score in Test cricket.
The foundation-stone for the world’s largest renewable energy park was laid in Gujarat’s district of Kutch by Prime Minister Narendra Modi on December 15, just five days before Team India set its dubious record at Adelaide. The hybrid renewable energy park, which will utilize both solar and wind power, will generate 38,000 megawatts of power and will come up within five year
India: Reliance and BP announce first gas from Asia’s deepest project
21 Dec 2020
Commissioned India s first ultra-deep water gas project
First in trio of projects that is expected to meet ~15% of India’s gas demand and account for ~25% of domestic production
R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India.
RIL and bp are developing three deepwater gas projects in block KG D6 –
R Cluster, Satellites Cluster and MJ – which together are expected to meet ~15% of India’s gas demand by 2023. These projects will utilise the existing hub infrastructure in KG D6 block. RIL is the operator of KG D6 with a 66.67% participating interest and bp holds a 33.33% participating interest.