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Latest Articles in Amazon Future Deal

Amazon's Battle With Reliance For India Retail Supremacy

Here's what the dispute, seen as key to deciding who gets an upper hand in one of the world's fastest-growing retail markets, is all about and what led to the sudden change in tone.

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'The Shops Are Gone': How Reliance Stunned Amazon In Battle For Future Retail

The high-profile bitter dispute between corporate titans in which Amazon has sought to block Reliance's planned $3.4 billion purchase of Future Group's retail assets is currently before India's Supreme Court.

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Amazon, Future Agree To Talks After US Retailer Offers Olive Branch

The unexpected olive branch extended by Amazon comes days after rival Reliance, the country's biggest conglomerate, began a de facto takeover of Future's assets, seizing control of some 500 stores.

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SC Asks Amazon, Future Group To Urge NCLAT To Decide Plea Of US E-commerce Major

The Delhi High Court on January 5 had stayed the Amazon-Future arbitration which is going on before a three-member arbitral tribunal over the latter's merger deal with Reliance

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NCLAT Adjourns Hearing On Amazon Plea Seeking Stay On CCI Order To Feb 25

The two-member Bench expressed difficulty in taking up the matter on Monday, as one of the members was retiring in the next four days

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FRL-Reliance Merger: SC Notice To Future Group On Plea Of Amazon

A bench comprising Chief Justice N V Ramana and Justices A S Bopanna and Hima Kohli issued notices to the Future group firms and listed the plea for hearing on February 23.

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Banks In India Act Against Future Retail For Missing Payments

The lenders also said they would be required by law to provision Rs 80 billion-90 billion ($1.07 billion-$1.2 billion) in their books on account of the default by the country's second-largest retailer.

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Amazon's Offer Legally Invalid, Can't Accept: FRL Independent Directors

Independent directors of Future Retail have turned down Amazon's offer of financial support to the company through a deal with private equity firm Samara Capital

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Amazon vs Reliance In Retail - The Big And Expensive Fight In 10 Points

US retail giant Amazon and India's Future Group have been locked in a legal battle for more than a year now. The stand-off has halted Future's ₹ 24,500 crore ($3.4 billion) deal with Reliance Industries.

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Supreme Court Reserves Verdict On Pleas Of Future Group Firms

The apex court has been hearing pleas including the fresh petition of Future Group against the Delhi High Court's recent order declining its plea for stay on an arbitration tribunal decision refusing

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Amazon Files New Legal Challenges In Dispute With Future Group

The suspension jolted Amazon as subsequently a New Delhi court halted the arbitration proceedings between the two sides.

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Future Group Stocks Surge 20% After India Suspends 2019 Amazon Deal

The suspension potentially dents Amazon's attempts to block the sale of Future's retail assets to Reliance Industries' unit.

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Amazon-Future Deal Suspended, Rs. 200 Crore Fine Slapped by Competition Commission of India

CCI that had approved the investment in 2019 said Amazon "suppressed the actual scope" of the deal and had made "false and incorrect statements".

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