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2021 In Review: Here Are The Disputes That Went Ugly In 2021 - Vimarsana News

2021 In Review: Here Are The Disputes That Went Ugly In 2021

From the Amazon-Future case to OYO’s five-year-old brawl with Zostel, we have jotted down the top seven spats that went ugly in 2021.

Source: inc42.com
Future Group Lenders Grapple With Uneasy Choices - Vimarsana News

Future Group Lenders Grapple With Uneasy Choices

Loans given to the group were restructured under the one-time restructuring window permitted during the Covid crisis in December 2020. With the moratorium period provided under this scheme coming to an end on Dec. 31, 2021, lenders need Future Group to start repaying its principle and interest dues. The problem is that the financial position of the group may not permit it to regularise payments just yet and a sale of assets to pay the dues has been complicated by an ongoing legal tussle between Amazon Inc. and Future Group.

Future Retail's Plea For Exclusion From Dispute With Amazon Declined - Vimarsana News

Future Retail's Plea For Exclusion From Dispute With Amazon Declined

The Singapore International Arbitration Centre has declined Future’s plea seeking exclusion from the dispute with ecommerce giant Amazon

Source: inc42.com
Kishore Biyani's Future Consumer continues product expansion with launch of Terra Chips - Vimarsana News

Kishore Biyani's Future Consumer continues product expansion with launch of Terra Chips

Updated Mar 08, 2021 | 21:13 IST The product which was earlier priced at Rs 2.8 per gram will now hit the stands at Rs 1.16 per gram today and will mark the company's entry in the healthy snacks category. Kishore Biyani (File Photo)  Key Highlights The product launch is part of Future Consumer's partnership with US-based Hain Celestial Group which was struck back in 2017 These chips will be made from locally sourced sweet potato, taro, blue potato, medley potato and other vegetables at the company's food park in Tumkur, Karnataka The company said that the Tumkur ...

Reliance-Future deal: Distributors urge Bezos, Amazon India not to block the deal - Vimarsana News

Reliance-Future deal: Distributors urge Bezos, Amazon India not to block the deal

Amazon, which is locked in a bitter legal battle with the Future Group over the sale of its assets to RIL, has alleged that the Future Group has violated an agreement that barred it from dealing with RIL.