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Future group revs up joint ventures as tussle with Amazon drags on The Future group is re-energising its joint ventures (JVs) with dairy major Fonterra and American food firm Hain Celestial as it prepares for life after a tough 2020. The Kishore Biyani-led group’s debt had spiralled out of control last year, forcing it to get into a nearly Rs 25,000-crore transaction with Reliance Retail. The deal, which includes sale of the retail, wholesale, and logistics assets of the Future group, has since been challenged by Amazon.Read more NITI Aayog submits first list of about 12 PSUs for privatis...

5G Conspiracy Theories Are Fuelling an Entire Economy of Scammy Gadgets Share Illustration: Elena Scotti,Photo: Getty Images,Photo: Shutterstock To sign up for our daily newsletter covering the latest news, features and reviews, head HERE. For a running feed of all our stories, follow us on Twitter HERE. Or you can bookmark the Gizmodo Australia homepage to visit whenever you need a news fix. It’s an unfortunate truth that snake oil salesmen lurk behind every corner of the internet, waiting for the next conspiracy or wellness fad so they can swoop in with cure-all wares and rob people of th...

Delhi HC orders status quo on $3.4 bn Future Group-Reliance Retail deal The Delhi High Court on Tuesday asked Future Retail Ltd (FRL) to maintain the status quo with respect to its $3.4 billion (about Rs 24,700 crore) deal with Reliance Retail. The court said it was satisfied that an immediate interim order was required to be passed to protect the rights of Amazon.Read more Investors richer by Rs 10.5 trn after Budget; Sensex crosses 50K-mark again The benchmark indices notched record closing highs on Tuesday as the buying frenzy triggered by the Budget continued for the second day. Th...