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Future Retail To Amazon: Show Me The Money And FDI Compliance

Future Retail Ltd.'s independent directors have raised some pointed questions in response to Amazon's offer to help the debt-ridden Indian retailer. Namely, how quickly will the cash be available, will the funding be FDI-compliant and what about FRL's other dues? ....

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Future Vs Amazon: NCLAT To Hear Plea Against Suspension Of CCI Approval

The National Company Law Appellate Tribunal today agreed to hear Amazon.com NV Investment Holdings’ challenge against the competition regulator's order suspending approval to its 2019 investment in the Future Group. ....

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Arbitration Initiated By Amazon Must Be Terminated, Says Future Group

The Delhi High Court on Monday reserved its order on the petition by the Future Group seeking a direction to the SIAC arbitral tribunal to first decide on its application on termination of arbitration proceedings.

The Singapore based three-member tribunal is hearing the arbitration dispute initiated by Amazon.com NV Investment Holdings alleging violation of contractual obligation by Future Coupons Pvt. Amazon had initiated the arbitration arguing that the Future Group's transaction with Reliance Group violated the terms of the 2019 contract. ....

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Time names Tesla and Space X CEO Elon Musk as 'Person of the Year 2021'

Time names Tesla and Space X CEO Elon Musk as Person of the Year 2021 - After Elon Musk was named Time said that the Person of the Year is a marker of influence who shaped the previous 12 months, for better or for worse. ....

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Devastating Tornadoes Tear Through 6 US States, Killing More Than 70

Officials declared the western Kentucky town of Mayfield "ground zero" after tornadoes levelled city blocks, destroyed historic homes, toppled trees and overturned cars. ....

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