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Amazon urges SEBI not to approve Future-Reliance deal

US-based Amazon has requested Sebi to direct the Indian stock exchanges to not issue no-objection certificate (NOC) to Future Retail ....

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Amazon urges Sebi to suspend review of $3.4 billion Future-RIL deal

Read more about Amazon urges Sebi to suspend review of $3.4 billion Future-RIL deal on Business Standard. Amazon also urged Sebi about not granting any no-objection in relation to the same and directing the Indian Stock Exchanges not to issue any no-objection/approval letter to Future Retail ....

United States , Kishore Biyani , Jan Paulsson , Justice Mukta Gupta , Rakesh Biyani , Michael Hwang , Ajay Tyagi , Reliance Industries Ltd , Retail Ltd , Delhi High Court , Singapore International Arbitration Centre , Retail Limited , Mukesh Reliance Industries , Exchange Board Of India Sebi , Kishore Future Group , Reliance Industries , High Court , Exchange Board , Future Group , Mukesh Ambani Owned Reliance Industries , Emergency Arbitrator , Future Retail Limited , Interim Award , Impugned Transaction , Indian Stock Exchanges , Arbitration Proceedings ,

Future, Amazon continue letter fight; Write to SEBI over Future-Reliance deal

Future, Amazon continue letter fight; Write to SEBI over Future-Reliance deal
Future Group requested SEBI to expedite the review of the proposed deal and issue a no-objection certificate, while Amazon has urged that the review of the impugned transaction be suspended.
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By PTI
NEW DELHI: Continuing their letter fight, Amazon and Future Group have written to market regulator SEBI with contrasting requests over a Rs 24,713 crore buyout of assets of India s second-largest retailer.
Future Group has requested SEBI to expedite the review of the proposed deal and issue a no-objection certificate, while Amazon has urged that the review of the impugned transaction be suspended. ....

Kishore Biyani , Coupons Ltd , Retail Ltd , Delhi High Court , Singapore International Arbitration Centre , Reliance Retail Ventures Ltd , Walmart Inc Flipkart , Exchange Board Of India , Reliance Retail Fashion Lifestyle Ltd , Future Group , Mukesh Ambani , Future Retail Ltd , Future Group Reliance Retail , Exchange Board , Retail Ventures Ltd , Reliance Retail Fashion Lifestyle , Ajay Tyagi , Interim Award , Emergency Arbitrator , Walmart Inc , கிஷோர் பியானி , கூப்பன்கள் லிமிடெட் , சில்லறை லிமிடெட் , டெல்ஹி உயர் நீதிமன்றம் , சிங்கப்பூர் சர்வதேச நடுவர் மையம் , நம்பகத்தன்மை சில்லறை முயற்சிகள் லிமிடெட் ,

Future, Amazon continue fight; write to Sebi over Future-Reliance deal

Continuing their letter fight, Amazon and Future Group have written to market regulator SEBI with contrasting requests over a Rs 24,713 crore buyout of assets of India s second-largest retailer.
Future Group has requested SEBI to expedite the review of the proposed deal and issue a no-objection certificate, while Amazon has urged that the review of the impugned transaction be suspended.
Amazon had dragged Future Group to arbitration at Singapore International Arbitration Centre (SIAC) after an indebted Kishore Biyani group firm signed a pact to sell retail, wholesale, logistics and warehousing units to billionaire Mukesh Ambani s Reliance in August this year.
Future Group firm Future Retail Ltd (FRL) approached the Delhi High Court, which earlier this month upheld Amazon s right to make representations to statutory authorities against the Future Group-Reliance Retail deal. ....

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