This follows report claiming e-commerce giant dodged Indian regulations
Amazon had last week filed the application before the Mumbai-bench of the NCLT
Future may face liquidation if the deal falls through and banks are actively discussing an alternate one-time restructuring option, say four bankers with knowledge of the matter
According to the submission by Future Group in October last year, Amazon was well aware of Future's Rs 24,713 crore deal with RIL
Indians return to shopping and Supreme Court serves notice to Facebook, WhatsApp, and the government over user privacy. Those stories and more in our headlines this evening.
Amazon and Future are locked in a bitter legal tussle after the US e-commerce giant dragged Future Group to arbitration at SIAC
Reliance group entities have also moved an application in NCLT seeking approval to go ahead with the amalgamation deal with Future
A New Delhi court this week dealt a blow to the U.S. firm by revoking a previous court decision that effectively blocked the deal
The e-commerce giant has contended that the Division Bench order is illegal, and arbitrary apart from being without jurisdiction
Business operations were continued to be impacted by the pandemic during the quarter
On Monday, the central bank said it would buy bonds worth Rs 20,000 crore from the secondary markets on Wednesday. Read top news with Business Standard here
This week, the Delhi High Court directed Biyani's flagship company to maintain the status quo on its Rs 24,713-crore deal to sell his business to Reliance
They believe the best way forward is for Amazon and Future to negotiate with each other on how to ensure that Future group companies do not end up in bankruptcy courts
Earlier, Future Retail Limited lawyer had argued that the retail firm may go bust and thousands may lose jobs if the Future-Reliance deal does not go through
Robust buying in shares of ITC, Kotak Mahindra Bank, State Bank of India, Bajaj Finance, ICICI Bank, and M&M helped the benchmark S&P BSE Sensex scale fresh lifetime peak of 50,687.51 level
Bharti Airtel posted a consolidated net profit of Rs 854 crore in the third quarter of December FY21, after six straight quarters of losses. Read the top news in Business Standard today
Amazon founder Jeff Bezos will step down as the chief executive officer in the third quarter of 2021, the company said on Wednesday. Read top news with Business Standard
Ruling seen as interim relief to Amazon; next phase of arbitration likely to begin soon in Singapore, say sources
Here are all the top economy and markets headlines of today
India's Future Group needs to maintain status quo with respect to its $3.4 billion retail assets deal, the Delhi High Court said on Tuesday