On Wednesday, the Delhi High Court stayed the Amazon-Future arbitration which was going on before a three-member arbitral tribunal over the latter's Rs 24,500-crore deal with Reliance.
A Delhi High Court division bench of Chief Justice D N Patel and Justice Jyoti Singh stayed the Amazon-Future arbitration over the appeals filed by Future Retail and its promoters.
Shares of Future Group of companies on Thursday bounced back, rallying as much as 14 per cent, a day after the Delhi High Court stayed the Amazon-Future arbitration.
SIAC terminates Jan 5-8 arbitration proceedings in Amazon-Future dispute, says Future Retail mybigplunge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mybigplunge.com Daily Mail and Mail on Sunday newspapers.