Amazon vs Reliance: Banks to start debt recovery proceedings against Future - Report
Future Retail has been struggling to pay off its debt and is fighting a bitter legal battle with US retail giant Amazon.
Source: indiatoday.in
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Amazon vs Reliance Big Bazaar Future of retail supremacy in India hangs in balance
Amazon argued that FRL violated their contract by entering into a deal for the sale of its assets to billionaire Mukesh Ambani's Reliance Retail on a slump sale basis for Rs 24,500 crore.
Source: indiatoday.in