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Silicon Valley pensó que su futuro estaba en India Ya no

En los años 2000, las grandes empresas digitales vieron en la India un terreno fértil para su expansión. Ahora se enfrentan a un régimen cada vez más autoritario, que quiere un control cada vez más estricto sobre la difusión de infor

RIL deal: After Amazon moves SC, Future Group says will defend the matter

Future Retail Ltd (FRL) on Monday said Amazon has approached the Supreme Court against a Delhi High Court order that vacated the status quo on Future Group s proposed Rs 24,713 crore-deal with Reliance Industries. In a filing to stock exchanges, FRL also said that it shall defend the matter/proceedings through its legal counsels . Amazon and Future are locked in a bitter legal tussle after the US e-commerce giant dragged Future Group to arbitration at SIAC, arguing that the latter had violated their contract by entering into the deal with rival Reliance. . the company s advocates are in receipt of communication dated February 13, 2021 from advocates of Amazon.com NV Investment Holdings LLC (Amazon) informing that Amazon has filed a Special Leave Petition before the Supreme Court of India against the captioned order dated February 8, 2021 passed by the Division Bench of the High Court of Delhi, FRL said in the filing.

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