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SC Allows Amazon-Future Retail Dispute To Continue Before SIAC

The Supreme Court (SC) has made it clear that it will not allow Future Group from stalling Amazon proceedings before the SIAC. ....

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Nifty, Sensex uptrend may continue – Weekly closing report

Nifty, Sensex uptrend may continue – Weekly closing report
moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.

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All eyes on Andy Jassy to steer Amazon India

All eyes on Andy Jassy to steer Amazon India
Andy Jassy
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BENGLAURU :
Andy Jassy’s appointment as Amazon Inc.’s new CEO comes at a time when the e-tailer in India is betting on new segments, including food delivery, healthcare and education, as the country’s e-commerce landscape witnesses its fiercest competition ever, with the entry of JioMart and Walmart-owned Flipkart Group still at the top spot.
Jassy, 53, will also have the critical task of navigating India’s volatile regulatory environment after the e-commerce firm faced pushbacks in the past from the anti-trust regulator, trade bodies and the government. The e-commerce firm is currently also locked in a legal battle with Future Group over the latter’s ₹24,713 crore asset sale deal to Reliance Industries Ltd. ....

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Amazon moves Delhi HC to enforce Singapore order and block Reliance-Future deal

Amazon moves Delhi HC to enforce Singapore order and block Reliance-Future deal
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Amazon moves Delhi HC to enforce Singapore order and block Reliance-Future deal
Digbijay Mishra / TNN / Updated: Jan 25, 2021, 22:30 IST
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(File photo)
BENGALURU: Amazon has intensified its legal battle against Future Group and its promoter -Kishore Biyani-with a new case in the Delhi high court to enforce the Singapore arbitration ruling in India, which had stayed the Rs 24,731 crore Reliance-Future deal.
The Singapore International Arbitration Centre (SIAC) in October granted an interim relief to Amazon by asking Future to put on hold its merger with Reliance.
Amazon s petition in the court, reviewed by TOI, said Biyani-led Future Group deliberately and maliciously disobeyed the international arbitration ruling from SIAC. The filing showed it also sought detention of Biyani in a ‘civil prison’ and attaching his assets to ....

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In India's retail, a battle of the billionaires - business news

In India's retail, a battle of the billionaires - business news
hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.

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