Amazon Future Retail
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Amazon Plans To File Case Against Future Over Store Transfers: Report
Amazon.com Inc plans to initiate criminal court proceedings this week against Future Retail for allowing the transfer of assets to a major rival despite a legal prohibition, three sources with direct knowledge of the matter told Reuters.
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Now, Amazon Scores Over Future Retail In Major Court Decision: 10 Points
The Delhi High Court today dismissed Future Retail's plea to declare arbitration proceedings with its warring partner Amazon as illegal. Justice Amit Bansal of the Delhi High Court said the filings were dismissed, without giving any further details.
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Amazon Alleges $1.5 Billion Diverted From Future Retail Amid Dispute
Amazon.com Inc., which is trying to block India's richest man from taking over a struggling retail chain, fired a fresh salvo by alleging that money from the local firm was possibly diverted to other companies.
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Amazon Says It Has 'Zero Tolerance for Corruption' Amidst Reports of Bribery-Related Charges
Amid reports of Amazon probing bribery-related charges against some of its legal representatives in India, the US e-commerce giant said it takes allegations of improper actions seriously and investigates them fully to take appropriate action.
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Amazon Said to Appeal to Supreme Court in Future-Reliance Deal Dispute
Amazon has mounted a legal challenge against its partner Future Group's $3.4-billion (roughly Rs. 24,750 crores) retail assets sale in India's Supreme Court, three sources said, marking the US firm's latest effort to block the deal.
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Singapore Arbitration On Future-Reliance Deal Equal To Judicial Order: Amazon
US e-commerce giant Amazon on Friday urged the Delhi High Court to declare that the Emergency Arbitrator (EA) award by the Singapore International Arbitration Centre (SIAC) putting on hold Rs 24,713 crore deal between Future Retail Ltd's (FRL) and Reliance Retail was akin to an order of court and enforceable like any other judicial direction.
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Court Asks If Amazon, Future Retail Open To Resolve Reliance Deal Issue
The Delhi High Court Monday sought to know whether US-based e-commerce giant Amazon and Kishore Biyani led Future Retail Ltd (FRL) were open to resolving the issue arising out of Rs 24,713 crore deal between FRL and Reliance Retail.
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Amazon’s Reply on Future Retail’s Reliance Deal Interference Plea Sought by Delhi High Court
The Delhi High Court sought Amazon's response on a plea by Future Retail alleging that the e-commerce major was interfering in its deal with Reliance Retail on the basis of an interim order by a Singapore arbitrator.
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Future Retail Will Go Into Liquidation if Reliance Deal Fails Amid Amazon Bid to Thwart Agreement
India's Future Retail will go into liquidation if its deal to sell assets to Reliance Industries fails, the group told a Singapore arbitrator while arguing against Amazon's bid to scupper the deal, a legal order seen by Reuters showed.
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Amazon Said to Near Deal for Up to 10 Percent of India's Second Largest Retailer, Future Retail
Amazon.com is in late-stage talks to acquire as much as 10 percent of India's Future Retail, people familiar with the negotiations said.
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Amazon Plans To File Case Against Future Over Store Transfers: Report
Amazon.com Inc plans to initiate criminal court proceedings this week against Future Retail for allowing the transfer of assets to a major rival despite a legal prohibition, three sources with direct knowledge of the matter told Reuters.
-
Now, Amazon Scores Over Future Retail In Major Court Decision: 10 Points
The Delhi High Court today dismissed Future Retail's plea to declare arbitration proceedings with its warring partner Amazon as illegal. Justice Amit Bansal of the Delhi High Court said the filings were dismissed, without giving any further details.
-
Amazon Alleges $1.5 Billion Diverted From Future Retail Amid Dispute
Amazon.com Inc., which is trying to block India's richest man from taking over a struggling retail chain, fired a fresh salvo by alleging that money from the local firm was possibly diverted to other companies.
-
Amazon Says It Has 'Zero Tolerance for Corruption' Amidst Reports of Bribery-Related Charges
Amid reports of Amazon probing bribery-related charges against some of its legal representatives in India, the US e-commerce giant said it takes allegations of improper actions seriously and investigates them fully to take appropriate action.
-
Amazon Said to Appeal to Supreme Court in Future-Reliance Deal Dispute
Amazon has mounted a legal challenge against its partner Future Group's $3.4-billion (roughly Rs. 24,750 crores) retail assets sale in India's Supreme Court, three sources said, marking the US firm's latest effort to block the deal.
-
Singapore Arbitration On Future-Reliance Deal Equal To Judicial Order: Amazon
US e-commerce giant Amazon on Friday urged the Delhi High Court to declare that the Emergency Arbitrator (EA) award by the Singapore International Arbitration Centre (SIAC) putting on hold Rs 24,713 crore deal between Future Retail Ltd's (FRL) and Reliance Retail was akin to an order of court and enforceable like any other judicial direction.
-
Court Asks If Amazon, Future Retail Open To Resolve Reliance Deal Issue
The Delhi High Court Monday sought to know whether US-based e-commerce giant Amazon and Kishore Biyani led Future Retail Ltd (FRL) were open to resolving the issue arising out of Rs 24,713 crore deal between FRL and Reliance Retail.
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Amazon’s Reply on Future Retail’s Reliance Deal Interference Plea Sought by Delhi High Court
The Delhi High Court sought Amazon's response on a plea by Future Retail alleging that the e-commerce major was interfering in its deal with Reliance Retail on the basis of an interim order by a Singapore arbitrator.
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Future Retail Will Go Into Liquidation if Reliance Deal Fails Amid Amazon Bid to Thwart Agreement
India's Future Retail will go into liquidation if its deal to sell assets to Reliance Industries fails, the group told a Singapore arbitrator while arguing against Amazon's bid to scupper the deal, a legal order seen by Reuters showed.
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Amazon Said to Near Deal for Up to 10 Percent of India's Second Largest Retailer, Future Retail
Amazon.com is in late-stage talks to acquire as much as 10 percent of India's Future Retail, people familiar with the negotiations said.
