Page 23 - முகேஷ் அம்பானி நம்பகத்தன்மை தொழில்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Indian court rejects retail giant Future Group’s plea against Amazon An Indian court rejected Future Group’s plea that sought to prevent its partner Amazon from interfering in and blocking the Indian retail giant’s $3.4 billion asset sale deal to Mukesh Ambani’s Reliance Industries, delivering a glimmer of hope to the American e-commerce firm that has invested more than $6.5 billion in the world’s second-largest internet market. Future Group was seeking an ad-interim injunction to restrain its partner Amazon from writing to regulators and other authorities to raise concerns over and halt the deal between the two Indian giants. The Delhi High Court ruled on Monday that Amazon cannot be barred from writing to regulators and authorities on account of “potentially irreparable damage.” The regulators will decide whether the deal should be approved in accordance with the law, the court said.

United statesUnited kingdomKishore biyaniMukesh ambani reliance industriesRetailer association indiaCompetition commission of indiaAmbani reliance industriesDelhi high courtIndia companyFuture groupMukesh ambaniReliance industriesCompetition commissionEast india companyRetailer associationஒன்றுபட்டது மாநிலங்களில்