Reliance Jio May Spend INR 18,750 Cr In Subsidies For JioPhone Next inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.
When parties subject themselves to rules which recognise an emergency arbitrator, then the order of such an arbitrator will be valid in Indian courts, the Supreme Court has held in the Future Retail Ltd. versus Amazon.com NV Holdings LLC case on Friday.
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Synopsis
The ports-to-energy conglomerate wants to focus on payment systems and platforms through Adani Digital Services. With 23-year-old Jeet Adani coming on board the new entity, industry watchers are closely tracking the next big move by the group, which is known for its quick and seamless acquisitions.
Another 800-pound gorilla is testing the waters of India’s ocean of unicorns. More than a year after the Mukesh Ambani-led Reliance group’s Jio Platforms raked up over INR1.5 lakh crore in investments and close on the heels of rival Tata Digital’s acquisition of Bigbasket, Gautam Adani seems to be bitten by the digital bug.The 59-year-old tycoon, who built his USD65 billion fortune in the rough and tough world of infrastructure by piecing
In the eye of the storm: Adani stocks crash on rumours of FPI freeze business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Reliance-Future Group deal: SC stays all proceedings in Delhi High Court
Supreme Court
The Supreme Court stayed all further proceedings before the Single Bench and Division Bench of the Delhi High Court on Monday in the Amazon-Future Group-Reliance case. According to
LiveLaw, a legal news website, a Supreme Court bench comprising Justices RF Nariman, BR Gavai and Hrishikesh Roy passed the order in a special leave petition filed by Amazon.
The companies have been directed to complete their pleadings by then. The top court will hear the case on May 4, according to a report in
What is the case about