Tag Archives: dependency-future

Future Retail Ltd (FRL) suffered a setback on Monday when the Delhi High Court refused to allow its request for an interim injunction to prevent Amazon Inc from writing to Indian statutory authorities objecting to FRL’s proposed sale of assets to the Reliance group. A single bank of Justice Mukta …

MUMBAI: Indian conglomerate Reliance dismissed Amazon’s push to delay acquisition of national retail giant Future group, despite an arbitration panel suspending the deal after objections from the US online titan. The dispute is the latest development in a protracted battle for dominance in India between Reliance, owned by Asia’s richest …