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Amazon Asks Future To Open Books For Samara Capital; Directors Refuse

The independent directors of Future Retail have reportedly decided not to accept Amazon’s request of opening its books to Samara Capital.

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Future Retail IDs Seek Amazon s Help For INR 3500 Cr Loan Repayment

Future retail was to sell its small-format stores which Amazon objected. It also offered INR 7,000 Cr loan, which FRL seems to have assented.

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Reliance Retail-Future Group deal: Supreme Court stays all proceedings in case

Reliance Retail-Future Group deal: Supreme Court stays all proceedings in case
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Future Group Says Amazon Asked For $40 Million To Let Go Of Its right Of First Refusal : Report

Amazon, which owns a 49 percent stake in Future Coupons, an unlisted company, has challenged the Future Group-Reliance Retail deal, claiming it did not consent to such a transaction.

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Top headlines: Budget leaves investors richer, RIL-Future deal hits hurdle

Delhi HC orders status quo on $3.4 bn Future Group-Reliance Retail deal The Delhi High Court on Tuesday asked Future Retail Ltd (FRL) to maintain the status quo with respect to its $3.4 billion (about Rs 24,700 crore) deal with Reliance Retail. The court said it was satisfied that an immediate interim order was required to be passed to protect the rights of Amazon.Read more Investors richer by Rs 10.5 trn after Budget; Sensex crosses 50K-mark again The benchmark indices notched record closing highs on Tuesday as the buying frenzy triggered by the Budget continued for the second day. The Sensex even pierced the historic 50,000 mark in intra-day trade for the second time after January 21. The index rallied as much as 1,554 points before giving up some gains.

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