Amazon tells CCI to annul RIL-Future deal
Future Retail has countered by alleging the US retail giant attempted to browbeat the CCI by walking out of a hearing
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Future Retail has countered by alleging the US retail giant attempted to browbeat the CCI by walking out of a hearing
Future Retail Limited (FRL) said on Sunday that it firmly believes that the Competition Commission of India (CCI)...
On Monday, the indices opened marginally higher and ended with gain. On the National Stock Exchange (NSE), 445 stocks advanced, 1,599 declined and 53 remained unchanged with advance decline ratio of 0.28, indicating major weakness in broader markets
The ED will be investigating if Amazon violated India's foreign exchange laws when it invested INR 1,431 Cr to purchase a 49% stake in FCPL.
In connection with Amazon's controversial deal with Future Coupons Pvt Ltd (FCPL), the Enforcement Directorate has summoned Amazon's Indian executives, including country head Amit Agarwal, to its headquarters in Delhi next week.