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SAT quashes SEBI order barring Future, Kishore Biyani from dealing in securities market

The SAT concluded that Biyani and Future had not indulged in insider trading since the information based on which they had made their trades was "generally available" in the public domain through various media reports. ....

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RIL-FRL deal: Delhi HC asks if Amazon, Future ready to resolve issues

RIL-FRL deal: Delhi HC asks if Amazon, Future ready to resolve issues
Court was hearing a plea filed by Amazon seeking directions to order enforcement of award by Singapore s Emergency Arbitrator, which restrained Future Group from signing a deal with Reliance Retail
BusinessToday.In | February 2, 2021 | Updated 13:32 IST
Amazon CEO Jeff Bezos and Future Group promoter Kishore Biyani
The Delhi High Court has asked both US e-commerce giant Amazon and Kishore Biyani-led Future Retail Ltd (FRL) if they are open to resolving their issues with regard to the Rs 24,713 crore deal between Reliance Retail and Future Retail. Both companies, via their counsel, have said they will inform the court on February 2. ....

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Amazon knew fully about talks with RIL for retail assets' sale: Kishore Biyani

Amazon knew fully about talks with RIL for retail assets sale: Kishore Biyani
Biyani said the US giant s 2019 investment in Future Coupons Pvt Ltd (FCPL) Future Retail s parent was for coupon and gifting business only and the same could continue post-retail assets going to Reliance
PTI | January 6, 2021 | Updated 09:15 IST
Future Group Founder and CEO Kishore Biyani
Future Group Founder and CEO Kishore Biyani on Tuesday said Amazon was fully aware of his group s talks with Reliance Industries for the sale of retail assets that followed the US giant offering no concrete help to tide over the cash crisis. ....

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