Tag Archives: Amazon

Your 10-Point Guide to Amazon Reliance on Future Retail

Reliance Retail Ventures operates supermarkets and consumer electronics chain stores. Future Retail said Monday it was reviewing an order against its deal with Reliance Industries. after an order from an arbitration panel suspended its sale of assets of Rs 24,713 crore to the conglomerate led by billionaire Mukesh Ambani. Future …

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Reliance Retail – Future Retail Deal: “Try to Enforce Properly,” Reliance Retail Says After Amazon Gets Interim Relief From Single-Judge Arbitration Court

Reliance Retail Ventures said it intends to complete the transaction with the Future group without delay. Reliance Retail said it “intends to enforce its rights and complete the transaction under its agreement with Future Group without delay” after Amazon.com, the major US-based e-commerce company, won an award. provisional against the …

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Amazon wins interim relief, future dependency deal suspended

Amazon believes Future Group violated the contract by signing a deal with rival Reliance. New Delhi: Amazon.com Inc won an interim award on Sunday against its partner Future Group that sold retail business to Reliance Industries Ltd for Rs 24,713 crore after a Singapore-based single-judge arbitration panel suspended the deal. …

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Amazon obtains a favorable ruling in Singapore

New Delhi: American e-commerce giant Amazon obtained a favorable ruling in Singapore regarding the Future-RIL deal. The arbitration panel has told Kishore Biyani Future Group not to proceed with the deal with Mukesh Ambani’s Reliance Retail for now. A one-man arbitration panel heard the argument from Amazon and Future Group …

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Amazon says it won’t appear before JPC

The US-based online retailer Amazon has refused to appear before Parliament’s joint committee on the data protection bill next week, which could amount to a violation of parliamentary privilege, it said on Friday. the chairman of the panel, Meenakshi Lekhi, indicating that action can be taken against the company. Meanwhile, …

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