Future Retail misses due date for payment of Rs 3,494.56 cr to banks; over ongoing litigation with Amazon
Future Retail misses due date for payment of Rs 3,494.56 cr to banks; over ongoing litigation with Amazon
Source: freepressjournal.in
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Amazon vs Future Group + Reliance: Where Does Everyone Go From Here? Mukesh Ambani + Kishore Biyani Vs Jeff Bezos
The Competition Commission of India’s curveball to U.S. e-commerce major Amazon has led to a confusing situation to say the least. The regulator has suspended the approval it granted back in 2019 to Amazon.com NV Investment Holdings for its investment in Future Coupons Pvt. What Independent Legal Counsel Sitesh Mukherjee and Karan Chandhiok, partner at Chandhiok & Mahajan have to say about this.
Source: bloombergquint.com
Amazon moves Delhi HC over scope of ED probe, says agency seeking confidential information
Amazon has sought clarification on the scope of the Enforcement Directorate's investigation into alleged foreign exchange violations by the company.
Source: republicworld.com
Amazon challenges ED probe into 2019 deal with Future Group
US e-commerce giant Amazon has filed a petition in Delhi High Court to quash an ED investigation related to its 2019 investment in a Future Group entity.
Source: indiatoday.in
Future deal row: Amazon sues ED in latest twist of battle
Amazon.com Inc is taking the Enforcement Directorate (ED) to court, seeking to quash an investigation into one of its 2019 deals, a court filing seen by Reuters shows.
Source: deccanherald.com