Retail Assets Sale
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Future Retail Holds Shareholders' Meet On Asset Sale To Reliance Retail
Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd.
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Amazon's Battle With Reliance for India Retail Supremacy: All You Need to Know
For more than a year, Amazon and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4 billion sale of assets to rival Reliance Industries, the country's biggest conglomerate.
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Nike Cries Foul Over Virtual Shoes, Suing Retailer StockX for Selling Sneaker NFTs
Nike sued online reseller StockX for selling unauthorized images of Nike shoes, marking the latest lawsuit over digital assets known as non-fungible tokens.
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Amazon's Battle With Reliance for India Retail Supremacy Became a Legal Jungle: Here’s How
Amazon and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4-billion (roughly Rs. 24,700 crore) sale of assets to the US firm's rival Reliance Industries — with no end in sight.
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Amazon Said to File New Legal Challenges in Dispute With Future Group Over Reliance Deal
Amazon is said to have filed a new legal challenge in its bitter dispute with Future Group after the Competition Commission of India suspended its approval of Amazon's 2019 deal with Future, denting the US e-commerce giant's attempts to block the sale of Future's retail assets to Reliance.
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Amazon-Future Deal Suspended, Rs. 200 Crore Fine Slapped by Competition Commission of India
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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Reliance-Future Deal: Amazon Asks India Antitrust Body to Revoke Approval
Amazon has asked the Competition Commission of India (CCI) to revoke clearance given to Future Retail's $3.4 billion sale of retail assets to Reliance, saying it was "illegally obtained".
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Reliance-Future Deal: New Case Filed Against Amazon in Supreme Court
Future Retail has filed a new case against Amazon in the Supreme Court. This is its latest effort to seek clearance for its $3.4 billion retail assets sale to Reliance, which Amazon has challenged.
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Amazon Scores Big as Supreme Court Stalls Future's $3.4 Billion Retail Deal With Reliance
Amazon has secured a major victory with Supreme Court stalling Future Group’s sale of retail assets to Reliance in a $3.5 billion (roughly Rs. 25,200 crores) deal.
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Future Group Chief Kishore Biyani’s Personal Assets Sale Restraint Dropped Amid Amazon Fight
A court put on hold an order restraining Future Group chief Kishore Biyani from selling personal assets, amid legal challenges to the group's $3.4-billion (roughly Rs. 24,610 crore) retail deal.
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How Amazon Is Fighting Door to Door to Beat Mukesh Ambani’s Reliance
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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Future-Reliance Deal: Delhi High Court Restrains Sale of Assets on Request from Amazon
Future Group has been ordered by the Delhi High Court to not sell its assets in the Rs 24,713 crore deal with Reliance Retail on Amazon’s request.
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Mukesh Ambani's $3.4 Billion Deal With Future Stalled By Supreme Court
Supreme Court stopped regulatory approval for the Future Group's $3.4 billion asset sale to Reliance Industries Ltd., delaying the deal in a boost for Amazon.com Inc., which wants to scuttle the transaction in its bid to dominate the country's retail sector.
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Future-Reliance Deal: Supreme Court Said to Bar Final Tribunal Ruling on $3.4-Billion Deal
India's Supreme Court barred a final ruling by a tribunal reviewing Future Group's $3.4 billion (roughly Rs. 24,640 crore) sale of retail assets until the top court hears objections from aggrieved partner Amazon, three sources said.
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Future Group Creditors Said to Scramble to Recover $2.5 Billion Loans Amid Reliance Deal Woes
Future Group's creditors are exploring options to recover more than $2.5 billion (roughly Rs. 18,180 crores) in loans, amid worries the Indian retailer's planned sale of assets to Reliance Industries could fail, four bankers with knowledge of the matter said.
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Future Retail Holds Shareholders' Meet On Asset Sale To Reliance Retail
Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd.
-
Amazon's Battle With Reliance for India Retail Supremacy: All You Need to Know
For more than a year, Amazon and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4 billion sale of assets to rival Reliance Industries, the country's biggest conglomerate.
-
Nike Cries Foul Over Virtual Shoes, Suing Retailer StockX for Selling Sneaker NFTs
Nike sued online reseller StockX for selling unauthorized images of Nike shoes, marking the latest lawsuit over digital assets known as non-fungible tokens.
-
Amazon's Battle With Reliance for India Retail Supremacy Became a Legal Jungle: Here’s How
Amazon and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4-billion (roughly Rs. 24,700 crore) sale of assets to the US firm's rival Reliance Industries — with no end in sight.
-
Amazon Said to File New Legal Challenges in Dispute With Future Group Over Reliance Deal
Amazon is said to have filed a new legal challenge in its bitter dispute with Future Group after the Competition Commission of India suspended its approval of Amazon's 2019 deal with Future, denting the US e-commerce giant's attempts to block the sale of Future's retail assets to Reliance.
-
Amazon-Future Deal Suspended, Rs. 200 Crore Fine Slapped by Competition Commission of India
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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Reliance-Future Deal: Amazon Asks India Antitrust Body to Revoke Approval
Amazon has asked the Competition Commission of India (CCI) to revoke clearance given to Future Retail's $3.4 billion sale of retail assets to Reliance, saying it was "illegally obtained".
-
Reliance-Future Deal: New Case Filed Against Amazon in Supreme Court
Future Retail has filed a new case against Amazon in the Supreme Court. This is its latest effort to seek clearance for its $3.4 billion retail assets sale to Reliance, which Amazon has challenged.
-
Amazon Scores Big as Supreme Court Stalls Future's $3.4 Billion Retail Deal With Reliance
Amazon has secured a major victory with Supreme Court stalling Future Group’s sale of retail assets to Reliance in a $3.5 billion (roughly Rs. 25,200 crores) deal.
-
Future Group Chief Kishore Biyani’s Personal Assets Sale Restraint Dropped Amid Amazon Fight
A court put on hold an order restraining Future Group chief Kishore Biyani from selling personal assets, amid legal challenges to the group's $3.4-billion (roughly Rs. 24,610 crore) retail deal.
-
How Amazon Is Fighting Door to Door to Beat Mukesh Ambani’s Reliance
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.
-
Future-Reliance Deal: Delhi High Court Restrains Sale of Assets on Request from Amazon
Future Group has been ordered by the Delhi High Court to not sell its assets in the Rs 24,713 crore deal with Reliance Retail on Amazon’s request.
-
Mukesh Ambani's $3.4 Billion Deal With Future Stalled By Supreme Court
Supreme Court stopped regulatory approval for the Future Group's $3.4 billion asset sale to Reliance Industries Ltd., delaying the deal in a boost for Amazon.com Inc., which wants to scuttle the transaction in its bid to dominate the country's retail sector.
-
Future-Reliance Deal: Supreme Court Said to Bar Final Tribunal Ruling on $3.4-Billion Deal
India's Supreme Court barred a final ruling by a tribunal reviewing Future Group's $3.4 billion (roughly Rs. 24,640 crore) sale of retail assets until the top court hears objections from aggrieved partner Amazon, three sources said.
-
Future Group Creditors Said to Scramble to Recover $2.5 Billion Loans Amid Reliance Deal Woes
Future Group's creditors are exploring options to recover more than $2.5 billion (roughly Rs. 18,180 crores) in loans, amid worries the Indian retailer's planned sale of assets to Reliance Industries could fail, four bankers with knowledge of the matter said.
