Page 28 - Amazon

Market wrap: Sensex rallies 367 pts, ends above 60,000; Nifty holds 17,900

Thermax surges 7% on Rs 546-cr order; Talbros Automotive zooms 27% in 2 days as Vijay Kedia increases stake; Future Retail falls 6% as Delhi High Court rejects plea to dismiss Amazon arbitration

Delhi HC puts on hold arbitration proceedings between Amazon and Future

Division bench of Delhi HC stays proceedings of arbitral tribunal till next date of hearing; also stays order of the single judge of Delhi HC.

Top headlines: Delhi HC relief for Future; NCLAT setback for Twin Star

Business Standard brings you the top headlines on Wednesday

Will not insist on physical appearance in probe against Amazon: ED tells HC

The oral assurance was given by Additional Solicitor General SV Raju, appearing for the central agency

Future Retail appeals against Delhi HC order dismissing its writ petition

The appeal before Delhi HC's division bench for termination of Amazon arbitration will be listed before the Chief Justice of Delhi High Court at 02:15 pm on Wednesday

Setback for Future as Delhi HC rejects pleas to quash Amazon arbitration

Dismisses its plea seeking a direction to SIAC to decide on its application

Delhi HC rejects Future's plea for termination of Amazon arbitration

Amazon and Future have been locked in a bitter legal tussle after the US e-commerce giant dragged Future Group to arbitration at the Singapore International Arbitration Centre in Oct 2020

Future in Delhi High Court to get Amazon arbitration case aborted

Delhi HC will pass order today

Future Retail asks court to declare arbitration with Amazon illegal

The case will likely be heard by judges this week.

Tata's Air India win to Zee-Sony deal: 2021, year that was for businesses

After a year of disruptions, businesses were better prepared in 2021, not only adjusting to the new normal but also making the most of it

Amazon likely to face regulatory challenges to buy Catamaran JV

On August 09, 2021, the partners had announced their decision to not continue the JV beyond the end of its current term in May 2022

Amazon Cloud unit draws antitrust scrutiny from Khan's FTC

FTC investigators have contacted companies in the past few months to gather information about competition issues related to Amazon Web Services

CAIT opposes Amazon's plan to take over Cataraman's stake in Prione

In August, Amazon and N R Narayana Murthy's Catamaran had announced that they will not continue their joint venture Prione Business Services beyond May 2022

HC to hear Amazon's plea challenging ED's probe into FEMA violation in Jan

Last month, Amazon had said it was in receipt of summons by the ED in connection with its deal with the Future Group

AWS suffers 3rd outage this month, affects Slack, Epic Games Store

Amazon Web Services (AWS), the Cloud arm of Amazon, has suffered a third outage this month, this time due to a power outage that hampered services like Slack, Epic Games store and Asana, others

Amazon sues ED seeking to quash probe of 2019 investment into Future Group

Amazon moves Delhi HC, objects to ED asking for disclosure of legally privileged documents. Multiple Amazon executives had been summoned and the probe has caused 'unnecessary harassment', it says

Amazon to acquire Prione Business, company's JV with Narayana Murthy firm

Catamaran belongs to Infosys co-founder N R Narayana Murthy; the two partners announced in August they would discontinue the venture when its term ends in May 2022.

Amazon restores cloud services after power outage hits data center

Amazon earlier said the outage had affected its platform that provides computing capacity to cloud network operated by its unit, Amazon Web Services (AWS)

Amazon to acquire full stake in JV Prione Business Services

In August, Amazon and NR Narayana Murthy's Catamaran had announced that they will not continue their joint venture, Prione Business Services, beyond May 2022

Major tech firms cancel 'CES 2022' event in-person amid Omicron fears

Major tech companies like Amazon, Meta, Twitter, Pinterest and T-Mobile have announced not to attend the CES 2022 in-person, owing to the fast spread of the Omicron variant