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Reliance Industries says the secured creditors voted against RIL s scheme of the arrangement, and that the deal can t be implemented. ....

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Reliance to take over operation of 200 Future Retail stores amid dispute with Amazon: Report

Since 2020, Reliance has failed to close a $3.4 billion deal to acquire the retail assets of Future, whose warring partner Amazon.com Inc has successfully blocked the transaction legally by citing violation of some contracts ....

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Halt  RIL-Future  deal, market regulator urged

Amazon.com and a lobby of at least 15,000 small businesses have written to the markets regulator, demanding revocation of the conditional approval it has granted to the ₹24,713 crore deal for the Future Group to sell its retail assets to Reliance Industries ....

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Future Group's female employees seek job protection, write to PM Modi

Future Group s female employees seek job protection, write to PM Modi
This letter by Women of Big Bazaar SOS highlights the challenges that women employees of the group will have to face if Amazon continues to obstruct Future Group-RIL deal
BusinessToday.In | March 8, 2021 | Updated 15:20 IST
Prime Minister Narendra Modi
The Women of Big Bazaar SOS, a union of Future Group s women employees, has sought Prime Minister Narendra Modi s support in protecting their livelihood as Jeff Bezos-led Amazon and Kishore Biyani-led Future Group continue to be embroiled in a legal fracas.
This letter highlights the challenges that women employees of the group will have to face if Amazon continues to obstruct Future Group-RIL deal. Since we had been facing tough times during the pandemic, this deal provided us with a lot of hope and confidence for our continued livelihoods. However, Amazon has tried to stop this tie-up, and consequently our future and that of our families h ....

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ril future group deal: SC issues notice on Amazon plea for interim relief on Rs 24,713 cr RIL-Future deal

Synopsis
A bench led by Justice R.F. Nariman issued notices to Future Retail and RIL both of which were represented in the court today in the high-stakes case. The court notices place these companies under a legal obligation to formally place their legal submissions in court within three weeks.
SC notice to Future Retail, others on Amazon s plea against deal with Reliance Group
The Supreme Court on Monday issued notices on Amazon s plea for interim relief against a High Court order which had allowed the Rs 24,713 crore RIL-Future deal to proceed and restrained the NCLT from passing any final orders on the amalgamation. Proceedings in the NCLT will, however, continue. ....

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