Companies High Court Industries

Delhi High Court verdict gives mixed signals to Amazon and Future Retail ..

The Delhi High Court on Monday refused to restrain Jeff Bezos-led Amazon from interfering in Kishore Biyani-headed Future Retail’s $3.4 billion deal with Mukesh Ambani-owned Reliance Retail by writing to statutory authorities. The order was pronounced by a Single Judge Bench of Justice Mukta Gupta in the suit by Future Retail Ltd after an Emergency Read More…

Asia Companies Industries Legal Market

Singapore Arbitration order resulted blow for Reliance and victory for amazon

Future Group selling retail business to Reliance Industries Ltd for Rs 24,713 crore after a Singapore based single judge arbitration panel put the deal on hold.   Amazon, which had agreed to purchase 49 per cent of one of Future’s unlisted firms last year with the right to buy into flagship Future Retail Ltd after Read More…