Page 15 - Future Retail

HC seeks Future's stand on Amazon plea to set aside court observations

The prima facie observations by a single judge are that the US e-commerce giant's attempt to control the Indian entity was violative of FEMA and FDI rules

HC seeks Future's stand on Amazon plea to set aside court's observations

Delhi High Court sought response of Future Retail on Amazon's plea challenging observations by a judge the US e-commerce giant's attempt to control Indian entity was violative of FEMA and FDI rules

Amazon urges Sebi to suspend review of $3.4 billion Future-RIL deal

Amazon also urged Sebi about not granting any no-objection in relation to the same and directing the Indian Stock Exchanges not to issue any no-objection/approval letter to Future Retail

Amazon writes to Sebi again, urges it to suspend review of Future-RIL deal

This is the sixth instance of the e-commerce giant writing to Sebi on the matter

Delhi HC rules Amazon's attempt to control Future violative of FEMA FDI

The court ruled that Amazon's attempt to control Future Retail through a conflation of agreements it has with an unlisted unit of the Indian company will be violative of the FEMA FDI rules

Reliance-Future deal: Delhi HC rejects plea for injunction against Amazon

Court prima facie finds suit filed by Future Retail is maintainable, Emergency Award valid, and Future Retail's resolution approving deal with Reliance was also valid

Delhi HC rejects Future's plea for interim injunction against Amazon

On August 29 this year, the Future Group announced sale of its retail and wholesale business to Reliance Retail in a Rs 24,713 crore deal

Heritage Foods exits Future Retail; sells its entire holding for Rs 132 cr

Heritage Foods has sold its entire holding representing over 3 per cent stake in Kishore Biyani-led Future Retail for around Rs 132 crore in the open market to mainly repay its long term loans.

Amazon row: FRL says not every development 'material event for disclosure'

Kishore Biyani-led Future Retail Ltd on Thursday accused e-commerce giant Amazon of adopting a media strategy of "having every development reported

NSE warned Future Retail of action over disclosures on Amazon clash: Report

Future Retail - one of country's top retailers - has been locked in a bitter dispute with Amazon over its $3.4 billion retail assets deal with Reliance Industries

Amazon-Future tussle: Singapore's arbitration court rejects Biyani's plea

The company had pleaded that it be excluded from being a party on account of jurisdiction objection

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

Keep 'East India Company' rhetoric aside, Amazon invested $6.5 bn: Lawyer

The legal counsel of Amazon told the court that it had introduced Samara, an investor to Future and the term sheet was offered to solve its problems

CCI gives nod to Reliance-Future deal amid legal battle with Amazon

The two players have said that they will go ahead with the regulatory process despite Amazon's objections

Do I have to ask Amazon sitting in US for deal with RIL, asks Future Retail

Future Retail which was represented by senior advocate Harish Salve told the court Future Retail does not need to seek permission from Amazon for any investments as it does not have any rights

'Amazon seeking to exercise control over Future without owning a stake'

The US firm claims that its contract with the unlisted Future Copouns Ltd (FCL) barred a transaction with a number of persons and companies, including Ambani and Reliance.

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

Sensex settles 86 points higher at 43,443 levels, gains 11% in Samvat 2076

All that happened in the markets today.

Future Retail posts Q2 net loss of Rs 692 crore; net sales down 74%

Future Retail's revenue from operations was down 73.86% at Rs1,424.21 crore during the quarter

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.