Page 12 - Future Group

HC asks if Amazon, Future open to resolve issue relating to Reliance deal

The issue relates to a Rs 24,713 crore deal between Future Retail and Reliance Retail

Enforce S'pore arbitrator award to hold Future-Reliance deal: Amazon to HC

Amazon urged the Delhi High Court to order enforcement of the award by Singapore's Emergency Arbitrator (EA)

Top headlines: Direct tax compliance may ease, RBI open to digital currency

Business Standard brings you the top headlines of the day

After exchanges okay Future-Reliance deal, Amazon asks court to block sale

Amazon argues Future breached some pre-existing clauses by entering into a deal with Reliance

Reliance-Future deal gets Sebi nod, BSE 'no-adverse-observation' status

The Securities and Exchange Board of India (SEBI) allowed the deal with some riders, five months after it was announced last August

Delhi HC issues notice to Future, RIL retail arms on Amazon's plea

The Court issued a notice in the matter and listed it for further hearing on February 12

Sales to normalise by Jan-end, getting orders from Jio Mart: Kishore Biyani

Future Group expects normal sales to return for its retail vertical by the end of January, almost a year after the business was severely hit by pandemic-related disruptions, Kishore Biyani said

Future-RIL deal: Next phase of Bezos-Biyani battle to begin in Singapore

Singaporean barrister Michael Hwang joins three-member arbitration tribunal at SIAC, which is looking into the dispute over Future Group's $3.4 bn deal with Reliance Industries

We were fed up with your attitude, had to take RIL offer: Biyani to Amazon

"Being totally disillusioned and fed up with your lackadaisical attitude, we were left with no option, but to accept the offer from the Reliance," Biyani said

Future, Amazon continue fight; write to Sebi over Future-Reliance deal

Amazon and Future Group have written to market regulator Sebi with contrasting requests over a Rs 24,713 crore buyout of assets of India's second-largest retailer

How the RIL-Amazon arbitration battle could take a toll on the govt too

Questions thrown up by the case are salient to decide what sort of money India gets from world markets

Competition watchdog clears Reliance-Future Group deal in setback to Amazon

The Competition Commission has approved Reliance's proposed acquisition of retail, wholesale, logistics and warehousing businesses of Future Group. The Rs 24,713 crore deal that would boost Reliance Industries' fast growing retail business was announced in August. In a tweet on Friday, the regulator said it has approved "acquisition of retail, wholesale, logistics & warehousing businesses of Future Group by Reliance Retail Ventures Limited and Reliance Retail and Fashion Lifestyle Limited". Deals beyond a certain threshold require approval of the Competition Commission of India (CCI), which keeps a tab on unfair business practices across sectors. As per the notice submitted to the CCI, there are at least seven target entities. They are Future Enterprises, Future Consumer Ltd, Future Lifestyle Fashions Ltd, Future Retail Ltd, Future Market Networks Ltd, Future Supply Chain Solutions Ltd and Futurebazaar India Ltd and its subsidiaries. "The Transferor Companies consists of several

Future Retail posts net loss of Rs 692 cr in Q2, revenue declines 74%

Future Retail admitted in a statement that the Covid-19 pandemic had impacted its business significantly

Future of retail at stake: Why Amazon is feuding with Biyani and Ambani

Amazon is willing to 'sink the ship' but doesn't want Reliance to acquire Future's assets, says one analyst.

Amazon accuses Future Retail of insider trading, asks Sebi to investigate

It remains to be seen whether Indian courts and regulators will side with Amazon or Future Retail

Held talks with RIL on arbitration for 'legitimate purpose': Future Retail

'Amazon needs a "tutorial on the law on insider trading,' the company said

Tough legal battle ahead for Future group as it loses arbitration case

Corporate lawyers say Indian courts usually go along with orders given by foreign arbitration courts as witnessed in several cases before

Ambani vs Bezos: A $3.4 bn battle for a pole position in Indian market

By seeking to stall Ambani's purchase of Future, Bezos may be signaling that he would rather remain a rival

RIL-Future deal: BSE to consult Sebi after Amazon's objection, says report

Dispute centres around Future's decision to sell some of its biz to RIL for $3.38 billion

Future Group-Amazon legal tussle: What are the challenges ahead

Experts share their insights on the enforceability of SIAC's interim order in India and the legal options before the players, namely Future group, Amazon and Reliance Retail