RIL has already extended the deadline of closure of the deal with Future in anticipation of procedural as well as delays resulting from the legal battle between Amazon and Future group
FRL sales to drop by 71% in FY21 owing to pandemic impact; sales in FY22 to remain about 30% lower than in FY20, according to Fitch
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Amazon has moved the Supreme Court challenging the Delhi High Court's division bench order that had vacated a stay on Kishore Biyani-led Future proceeding with its Rs 24,713 crore asset sale to RIL
We are launching an FMCG brand called Smartsters, which will focus on packaging and product innovations, says Biyani
Reliance Retail, the retail arm of Reliance Industries, has extended the timeline for six months to complete its Rs 24,713 crore deal with Biyani-led Future to buy its retail and wholesale business
Justice Midha's order dated March 18 is contrary to the apex court's order, said senior advocate Harish Salve on behalf of Future Retail
A Division Bench of Delhi High Court comprising Chief Justice DN Patel and Justice Jasmeet Singh has stayed the interim order pronounced by Justice JR Midha
"The company has filed an appeal before the High Court of Delhi against the impugned order dated March 18, 2021 passed by single judge...," said Future Retail
Future Group approached Delhi High Court challenging order upholding the Singapore's Emergency Arbitrator's (EA) order restraining Future Retail Ltd from going ahead with its deal with Reliance Retail
The promoters will take appropriate remedies as advised over the directions passed by Justice J R Midha, Future Retail said in a regulatory filing
From Delhi High Court putting Future-Reliance deal on hold to Jio, Airtel, Voda Idea making Rs 21,916 crore upfront payments for spectrum, here are top headlines this morning
The Delhi High Court Thursday upheld the Singapore Emergency Arbitrator's (EA) order
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The Kishore Biyani-led group's debt had spiralled out of control last year, forcing it to get into a nearly Rs 25,000-crore transaction with Reliance Retail
The Women of Big Bazaar SOS, the composite group of women who work for Future Group appealed to PM Modi and sought support to protect their livelihoods as tussle between Amazon and Future continues
Traders' body AICPD and NGO Prahar in an open letter on Thursday asked Amazon to 'back off' from blocking the Reliance-Future Group deal
A bench headed by Justice Rohinton Nariman also ordered that while the proceedings before NCLT can go on, they should not culminate in any final order of sanction of the scheme
Agreeing with the American e-commerce giant's petition, the top court on Monday overturned a lower court's ruling and stopped India's company tribunal from approving the transaction till further order