Page 4 - Kishore Biyani

Enforcement Directorate intensifies Amazon probe, govt seeks info

This follows report claiming e-commerce giant dodged Indian regulations

Top headlines: Amazon to manufacture locally, SAT stays SEBI ban on Biyani

Amazon said it will begin making devices in India for the first time. More on that story and other headlines this evening.

SAT stays SEBI's ban on Kishore Biyani, other Future promoters from markets

SAT has directed Future Group promoters to deposit a sum of Rs 11 crore as an interim measure. The case will now come up on April 12, 2021

Future says Amazon asked for $40mn as compensation for RIL deal

E-commerce major Amazon termed the charges as "false and misleading claims"

Amazon had asked for Rs 290 cr as compensation for RIL deal: Future Group

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

NCLT raps Amazon in Future case: Don't be a 'perpetual objector'

Says it has no locus standi in Future's plea to hold shareholder meeting; reserves order

Future Group moves NCLT for approval to hold shareholders meeting

Reliance group entities have also moved an application in NCLT seeking approval to go ahead with the amalgamation deal with Future

Amazon moves SC challenging Delhi HC order on Future-Reliance deal

The e-commerce giant has contended that the Division Bench order is illegal, and arbitrary apart from being without jurisdiction

Future Retail Q3 loss at Rs 846.92 cr, revenue down 71% to Rs 1,506.87 cr

Business operations were continued to be impacted by the pandemic during the quarter

Why Amazon is feuding with a partner and billionaire Mukesh Ambani

Future Group is caught in the middle of this tussle between companies helmed by two of the world's richest men

Setback for Amazon as HC lifts status quo on $3.4 bn Future-Reliance deal

Court notes that Future Retail wasn't party to arbitration agreement with Amazon and prima facie "group of companies" doctrine can't be invoked in this case

Without Reliance deal, future uncertain for Kishore Biyani's firms

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

Committed to helping FRL, don't want the company to go down: Amazon lawyer

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

BSE m-cap at Rs 200 trillion as Sensex ends 358 pts up at 50,614; PSBs jump

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

Top headlines: Air India sale may get govt Rs 15,000 cr, Sebi ban on Biyani

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

Sebi bars Kishore Biyani from accessing securities market for one year

SEBI also barred FCRL Employee Welfare Trust and 4 others from securities market for 1 year

Future Group shares fall 5% as Delhi HC orders status quo on Reliance deal

Future Retail said the Company will explore all legal remedies and take appropriate steps to pursue the scheme of arrangement.

Delhi HC orders status quo on $3.4 bn Future Group-Reliance Retail deal

Ruling seen as interim relief to Amazon; next phase of arbitration likely to begin soon in Singapore, say sources

Decoded: Stopping Future's asset sale to Reliance may not be easy

In its petition, Amazon is said to have sought imprisonment of Future group promoters including Kishore Biyani for alleged violation of securities market rules

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