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Amazon's Notice To Future Group Promoters To Stop Transaction With Reliance

E-commerce major Amazon has sent a notice to Future Group promoters asking them to refrain from entering into any kind of transaction with Reliance Industries group either directly or indirectly, source aware of the development said on Tuesday. ....

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HC seeks Future Retail''s stand on Amazon plea to set aside court observations against it


The News Scroll
13 January 2021  
Last Updated at 1:27 pm |
Source: PTI
HC seeks Future Retail s stand on Amazon plea to set aside court observations against it
Outlook
January 13, 2021 13:27 IST
HC seeks Future Retail s stand on Amazon plea to set aside court observations against it
outlookindia.com
1970-01-01T05:30:00+0530
New Delhi, Jan 13 (PTI) The Delhi High Court Wednesday sought response of Kishore Biyani-led Future Retail Ltd (FRL) on Amazon s plea challenging the prima facie observations by a single judge that the US e-commerce giant s attempt to control the Indian entity was violative of FEMA and FDI rules.
A bench of Chief Justice D N Patel and Justice Jyoti Singh issued notice to FRL, Future Coupons Pvt Ltd (FCPL), Reliance Retail and the Biyanis seeking their stand on the plea by Amazon against the observations made by the single judge in a December 21, 2020 interim order. ....

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