Page 9 - Future Retail

Covid LIVE: Made template for new vaccine against Omicron, says Pfizer CEO

'If there's a need for a new vaccine, we'll make almost 4 billion doses of the new vaccine next year' says Pfizer CEO

Amazon asks CCI to revoke $3.4-billion Future-RIL deal approval

The e-commerce firm has said the CCI Approval for the Impugned Transaction was "illegally obtained" and is a nullity in the eyes of law

CCI won't be intimidated by the arrogance of Amazon, says Future Retail

Company says US e-com major showed disregard to Indian law by walking out of CCI proceedings

ED summons Amazon to probe Future Coupons investment, says report

Amazon, which is trying to block Asia's richest man Ambani from taking over the struggling Future retail chain, alleged last week that money from the local firm may have been diverted to other firms

Amazon alleges Rs 7,000 cr diverted from Future Retail

The US giant marked a copy of its letter to the finance minister, RBI governor, Sebi and other authorities, seeking an investigation

LIVE: Belgium detects first case of new Covid variant in Europe

The person developed the first symptoms on Nov 22

Amazon asks Sebi to withdraw $3.4-bn Future-RIL deal approval

Amazon is now fighting a legal battle with FRL to stop the Kishore Biyani-led retailer's $3.4 billion deal with RIL

Future Retail guilty of financial irregularities, says Amazon

Amazon is fighting a legal battle with FRL to stop the Kishore Biyani-led retailer's $3.4 billion deal with Reliance Industries Limited (RIL)

Amazon's letter is nothing but an afterthought, says Future group

The spokesperson said all related-party transactions and records of fund utilisation were on record and part of the public disclosures made by the company as part of standard governance practices

Amazon writes to FRL independent directors alleging financial anomalies

The CCI will meet Amazon and Future Coupons Pvt Ltd (FCPL) representatives in January next year in connection with the matter

Amazon seeks to pause antitrust review of 2019 deal with India's Future

The Competition Commission of India (CCI) in June accused Amazon of concealing facts and making false submissions.

Future Retail employees urge SC to clear sale to Reliance in Amazon dispute

Future has failed to close its $3.4 billion deal to sell its retail assets to market leader Reliance Industries due to successful legal challenges by Amazon

LIVE: ED chief gets one-year tenure extension till November 18, 2022

This, days after the Centre brought ordinances to allow ED and CBI directors to occupy the office up to five years

Amazon-Future row: Delhi High Court gives CCI two weeks to decide

CAIT said the antitrust body should not delay decision on the matter

Stocks to Watch: Escorts, IRCTC, Rajesh Exports, VodaIdea, Lodha, NBFCs

NBFCs may be in focus today on reports of 17 per cent YoY growth in sanctioned loans in Q2FY22

Reliance vs Amazon fight makes for a cranky board at Future Retail

Independent directors say Amazon.com deliberately misled India's competition regulator about the true nature of its 2019 investment in Future Coupons.

Future Retail's losses widen in Q2 as expenses rise

The retailer's revenue was up by 66.3 per cent in the quarter at Rs. 2,369 crore

Live news: Two women journalists arrested in Tripura released on bail

Latest live news: Finance minister Nirmala Sitharaman will meet chief ministers and state finance ministers; Prime Minister Narendra Modi will inaugurate Bhopal's revamped railway station.

Amazon never intended to invest in FCPL: Future Retail directors to CCI

The directors also wrote to CCI that Amazon has obtained approval by making deliberate misrepresentations

Amazon's internal mails show it misled CCI: Future Retail ind directors

This is second such letter in less than a week that accuses the American ecommerce giant of concealing information and requests CCI to revoke the nod it gave to Amazon-Future Coupons Private Ltd