Category: Future Retail
India’s Supreme Court rules in favor of Amazon to stall $3.4B Future and Reliance deal
India’s apex court on Friday ruled in favor of Amazon to stall the sale of Future Group to Reliance Industries in a major victory for the American e-commerce giant in the key overseas market. The Indian Supreme Court said the order by a Singapore arbitration court last year — which…
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Indian stock exchanges approve $3.4B Reliance and Future deal in setback for Amazon
Indian stock exchanges approved the $3.4 billion deal between retail giants Reliance Retail and Future Group on late Wednesday in yet another setback for Amazon, which has invested over $6.5 billion in the world’s second largest internet market and sought to block the aforementioned deal. The Bombay Stock Exchange said…
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