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Supreme Court To Expedite Hearing On Amazon's Future Group Plea: 10 Points
On Tuesday, the Supreme Court said that it would expedite the hearing on Amazon's interim plea seeking preservation of Future Retail Limited's (FRL) assets apart from resumption of arbitration on merger deal with Reliance Retail
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Amazon Fined 200 Crores, Deal To Buy Retailer Future Suspended: 10 Points
The Competition Commission of India (CCI) on Friday suspended its more than two-year-old approval for Amazon's deal to acquire stake in retailer Future Coupons Private Limited. The CCI also imposed a Rs 202 crore penalty on the e-commerce major for hiding facts and making false statements while seeking regulatory approvals in 2019. In a 57-page ord...
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"Future Must Take Part In Amazon Dispute Arbitration": Singapore Panel
Amazon has for months been locked in a dispute with Future, and accuses it of violating contracts when it sold its retail assets to market leader Reliance Industries in a $3.4 billion deal last year.
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A Jeff Bezos-Mukesh Ambani Deal In The Works: Report
A potential partnership will help the duo counter Walmart, which last year invested $16 billion in Flipkart, in their battle for a bigger share of India's fast-growing e-commerce market.
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Supreme Court To Expedite Hearing On Amazon's Future Group Plea: 10 Points
On Tuesday, the Supreme Court said that it would expedite the hearing on Amazon's interim plea seeking preservation of Future Retail Limited's (FRL) assets apart from resumption of arbitration on merger deal with Reliance Retail
-
Amazon Fined 200 Crores, Deal To Buy Retailer Future Suspended: 10 Points
The Competition Commission of India (CCI) on Friday suspended its more than two-year-old approval for Amazon's deal to acquire stake in retailer Future Coupons Private Limited. The CCI also imposed a Rs 202 crore penalty on the e-commerce major for hiding facts and making false statements while seeking regulatory approvals in 2019. In a 57-page ord...
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"Future Must Take Part In Amazon Dispute Arbitration": Singapore Panel
Amazon has for months been locked in a dispute with Future, and accuses it of violating contracts when it sold its retail assets to market leader Reliance Industries in a $3.4 billion deal last year.
-
A Jeff Bezos-Mukesh Ambani Deal In The Works: Report
A potential partnership will help the duo counter Walmart, which last year invested $16 billion in Flipkart, in their battle for a bigger share of India's fast-growing e-commerce market.
