Amazon, Future talks have failed, Amazon lawyer to SC
US e-commerce giant Amazon on Tuesday told the Supreme Court that there were talks for settlement between Amazon and Future Group but there has been no headway
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US e-commerce giant Amazon on Tuesday told the Supreme Court that there were talks for settlement between Amazon and Future Group but there has been no headway
US e-commerce giant Amazon on Tuesday told the Supreme Court that there were talks for settlement between Amazon and Future Group but there has been no headway
By David Asta Alares New Delhi, Mar 12 (EFE).- The richest man in India and the chairman of Indian conglomerate Reliance Industries Ltd, Mukesh Ambani, recently took his rival, American multinational Amazon, by surprise overnight, taking over the operations of hundreds of stores of the Future Group conglomerate. The conglomerate is a coveted retail network …
Shares of Future Retail dropped 5.86% to ₹45.8 on the BSE after it received termination notices for 947 stores, which it had sub-leased from the Reliance group
These stores contribute around 55% to 65% of retail revenue operations of the Future Retail.