Amazon Future Retail Investment

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".

Dispute settlement talks between Amazon.com Inc and India's Future Retail failed over the U.S. group's demand for the return of at least $200 million it had invested in the Indian firm, two sources said.

Amazon told Future Retail Limited that Samara Capital remains interested in buying out the debt-strapped retailer's businesses for Rs 7,000 crore

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...

Amazon and Future Retail are embroiled in a legal fight over Future's Rs 24,713 crore merger deal with Reliance Retail.

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.

In a letter dated June 4, the Competition Commission of India said Amazon hid factual aspects of the transaction by not revealing its strategic interest in Future Retail when it sought approval for the 2019 deal.

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.

Securities and Exchange Board of India barred Future Group Chief Executive Kishore Biyani and his brother Anil from accessing the securities market for one year

Future Retail Stock Price: On Wednesday, Future Retail opened on the BSE at Rs 78.1 and touched an intra day and low of Rs 78.1 and Rs 78.1 respectively

Dubbing it a corporate battle "for supremacy over Indian customers", Biyani's staff e-mail late on Friday said Amazon was "playing the dog in the manger"

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.

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 .

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.

In a brief statement on Thursday, the Competition Commission of India (CCI) said it had approved Amazon's purchase of a 49 per cent stake in Future Coupons.

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".

Dispute settlement talks between Amazon.com Inc and India's Future Retail failed over the U.S. group's demand for the return of at least $200 million it had invested in the Indian firm, two sources said.

Amazon told Future Retail Limited that Samara Capital remains interested in buying out the debt-strapped retailer's businesses for Rs 7,000 crore

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...

Amazon and Future Retail are embroiled in a legal fight over Future's Rs 24,713 crore merger deal with Reliance Retail.

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.

In a letter dated June 4, the Competition Commission of India said Amazon hid factual aspects of the transaction by not revealing its strategic interest in Future Retail when it sought approval for the 2019 deal.

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.

Securities and Exchange Board of India barred Future Group Chief Executive Kishore Biyani and his brother Anil from accessing the securities market for one year

Future Retail Stock Price: On Wednesday, Future Retail opened on the BSE at Rs 78.1 and touched an intra day and low of Rs 78.1 and Rs 78.1 respectively

Dubbing it a corporate battle "for supremacy over Indian customers", Biyani's staff e-mail late on Friday said Amazon was "playing the dog in the manger"

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.

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 .

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.

In a brief statement on Thursday, the Competition Commission of India (CCI) said it had approved Amazon's purchase of a 49 per cent stake in Future Coupons.