Amazon Future Retail Investment
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Amazon's Appeal Against Future Group Deal Antitrust Suspension Dismissed by India Tribunal
- Monday June 13, 2022
- Reuters
Amazon’s plea against antitrust suspension of its 2019’s $200 million investment deal with Future Group was dismissed by an Indian Appeals Tribunal. The tribunal held Amazon accountable "for its failure to provide relevant information on the combination".
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www.gadgets360.com
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Amazon-Future Deal Suspended, Rs. 200 Crore Fine Slapped by Competition Commission of India
- Saturday December 18, 2021
- Reuters
Amazon's 2019 investment in Future Group that got approval from India’s antitrust regulator has now been suspended. The Competition Commission of India said in a fresh order that Amazon "suppressed the actual scope" of the deal and had made "false and incorrect statements" while seeking approval for the $200 million (roughly Rs. 1,500 crore) inve...
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www.gadgets360.com
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Supreme Court Reserves Verdict In Amazon Vs Future Case
- Thursday July 29, 2021
- India News | Asian News International
The Supreme Court has reserved its judgement in Amazon-Future-Reliance case and will decide whether Singapore's Emergency Arbitrator Award restraining Future Retail Ltd from going ahead with its merger deal with Reliance Retail is valid in India.
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www.ndtv.com
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How Amazon Is Fighting Door to Door to Beat Mukesh Ambani’s Reliance
- Monday March 22, 2021
- Andy Mukherjee | Bloomberg
The Supreme Court will soon decide on its bid to scuttle the $3.4 billion (roughly Rs. 24,630 crore) sale of debt-laden retailer Future Group’s assets to Amazon’s archrival Reliance. But the rivalry between Amazon’s Jeff Bezos and Reliance’s Mukesh Ambani won’t end with a verdict in the Future Group case.
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www.gadgets360.com
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"I Have To Ask Big Brother In America?" Retailer In Reliance vs Amazon
- Wednesday November 25, 2020
- India News | Saritha Rai, Bloomberg
A battle between Amazon.com Inc. and Reliance Industries Ltd. to dominate India's $1 trillion consumer market is stoking nationalist rhetoric in a courtroom and outside, as the two companies tussle over the future of a distressed local retailer.
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www.ndtv.com
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Amazon Sends Legal Notice to Future Group Over Reliance Deal
- Thursday October 8, 2020
- Reuters
Amazon.com said on Wednesday it has sent a legal notice to a promoter of Future Group, alleging the Indian retailer breached the terms of its contract by signing a deal with Mukesh Ambani's Reliance Industries .
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www.gadgets360.com
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Reliance Said to Approach Jio Platforms Backers to Invest in Retail Arm
- Friday September 11, 2020
- Reuters
Reliance Industries has approached investors in its digital business about potentially buying stakes in its retail arm, two sources with direct knowledge of the matter said on Thursday.
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www.gadgets360.com
-
Amazon's Appeal Against Future Group Deal Antitrust Suspension Dismissed by India Tribunal
- Monday June 13, 2022
- Reuters
Amazon’s plea against antitrust suspension of its 2019’s $200 million investment deal with Future Group was dismissed by an Indian Appeals Tribunal. The tribunal held Amazon accountable "for its failure to provide relevant information on the combination".
-
www.gadgets360.com
-
Amazon-Future Deal Suspended, Rs. 200 Crore Fine Slapped by Competition Commission of India
- Saturday December 18, 2021
- Reuters
Amazon's 2019 investment in Future Group that got approval from India’s antitrust regulator has now been suspended. The Competition Commission of India said in a fresh order that Amazon "suppressed the actual scope" of the deal and had made "false and incorrect statements" while seeking approval for the $200 million (roughly Rs. 1,500 crore) inve...
-
www.gadgets360.com
-
Supreme Court Reserves Verdict In Amazon Vs Future Case
- Thursday July 29, 2021
- India News | Asian News International
The Supreme Court has reserved its judgement in Amazon-Future-Reliance case and will decide whether Singapore's Emergency Arbitrator Award restraining Future Retail Ltd from going ahead with its merger deal with Reliance Retail is valid in India.
-
www.ndtv.com
-
How Amazon Is Fighting Door to Door to Beat Mukesh Ambani’s Reliance
- Monday March 22, 2021
- Andy Mukherjee | Bloomberg
The Supreme Court will soon decide on its bid to scuttle the $3.4 billion (roughly Rs. 24,630 crore) sale of debt-laden retailer Future Group’s assets to Amazon’s archrival Reliance. But the rivalry between Amazon’s Jeff Bezos and Reliance’s Mukesh Ambani won’t end with a verdict in the Future Group case.
-
www.gadgets360.com
-
"I Have To Ask Big Brother In America?" Retailer In Reliance vs Amazon
- Wednesday November 25, 2020
- India News | Saritha Rai, Bloomberg
A battle between Amazon.com Inc. and Reliance Industries Ltd. to dominate India's $1 trillion consumer market is stoking nationalist rhetoric in a courtroom and outside, as the two companies tussle over the future of a distressed local retailer.
-
www.ndtv.com
-
Amazon Sends Legal Notice to Future Group Over Reliance Deal
- Thursday October 8, 2020
- Reuters
Amazon.com said on Wednesday it has sent a legal notice to a promoter of Future Group, alleging the Indian retailer breached the terms of its contract by signing a deal with Mukesh Ambani's Reliance Industries .
-
www.gadgets360.com
-
Reliance Said to Approach Jio Platforms Backers to Invest in Retail Arm
- Friday September 11, 2020
- Reuters
Reliance Industries has approached investors in its digital business about potentially buying stakes in its retail arm, two sources with direct knowledge of the matter said on Thursday.
-
www.gadgets360.com