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Latest Articles in amazon
FRL Independent Directors Ask Amazon To Confirm Rs 3,500-Cr Infusion By Sat
Amazon had written to the independent directors of FRL reiterating its willingness to assist the Mumbai-based company in addressing its financial concerns.
Read MoreIndian Electric Van Maker For Amazon Raises Funds
The seed money will help EVage complete its factory in northern India and begin delivery of "thousands of vehicles" that are on order, Inderveer Singh, the company's founder and chief executive told Reuters.
Read MoreFuture Coupons Deal: NCLAT To Hear Amazon's Plea Against CCI Order on 13 Jan
Amazon’s petition is scheduled to be heard by a two-member bench comprising Justice M Venugopal and V P Singh of the Principal bench.
Read MoreAmazon's Battle With Reliance For India Retail Supremacy Became A Legal Jungle: Here’s How
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.
Read MoreAmazon 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.
Read MoreSupreme 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
Read MoreAmazon 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.
Read MoreCES 2022: Amazon And Stellantis Partner To Deploy Smarter Cars, Cleaner Vans
The agreements expand Amazon's efforts to get a bigger foothold in the transportation industry, and could help Stellantis close the gap with Tesla Inc in developing vehicles with sophisticated, software-powered infotainment features that are connected to the data processing cloud.
Read MoreAmazon Seller Services' Losses Narrow To Rs 4,748.1 Crore In 2020-21
Employee benefits expense increased to Rs 1,819.8 crore (from Rs 1,382.9 crore), while finance cost rose to Rs 119.6 crore in FY21 (from Rs 108.2 crore in FY20).
Read MoreDelhi High Court Halts Future, Amazon Arbitration Proceedings
Delhi High Court has halted arbitration proceedings between Future Group and Amazon.com in light of CCI suspension of a 2019 deal between two sides
Read MoreFRL-Reliance Deal: Future Retail, Promoters Approach Delhi High Court Against SIAC Order
The Singapore tribunal had on December 30 refused to consider the Future group's request for terminating the arbitration proceedings before the commencement of the final hearing this week.
Read MoreAfter Scoring Big Win Over Amazon, A New Aggressive Move By Future Retail
Amazon successfully used the terms of its toehold $200 million investment in debt-laden Future to block the Indian retailer's attempt to sell retail assets to a rival, alleging breach of certain contracts.
Read MoreFuture Retail Asks Court To Declare Arbitration With Amazon Illegal
Armed with a December antitrust ruling against Amazon, Future Retail has petitioned the Delhi High Court and the arbitration tribunal in Singapore saying that continuing arbitration would be illegal.
Read MoreSJM Seeks Immediate Withdrawal Of Permissions Given To Amazon, Flipkart-Walmart To Operate In India
The SJM claimed that Amazon and Flipkart occupy 80 per cent of the online marketing space and the discounts they offer are "adversely" impacting the offline markets, neighbourhood shops and grocery stores.
Read MoreHC To Hear In Amazon's Plea Challenging ED's Probe Into FEMA Violation In Jan
The plea was listed before Justice Rekha Palli who did not hold court, and the matter is now listed for hearing on January 5.
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