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Amazon has asked the High Court in New Delhi to enforce the decision of a Singapore arbitrator.(Reuters)

Amazon tries to block Future's asset sale to Reliance after regulatory approval

Reuters, New Delhi
PUBLISHED ON JAN 25, 2021 05:52 PM IST
The Amazon filing also argued that Future should not rely on any regulatory approval it has received, in light of the arbitrator's injunction.
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A shopper walks through an aisle displaying personal care goods at a Big Bazaar hypermarket, operated by Future Retail Ltd. in Mumbai(Bloomberg File Photo)
A shopper walks through an aisle displaying personal care goods at a Big Bazaar hypermarket, operated by Future Retail Ltd. in Mumbai(Bloomberg File Photo)

Future Retail, Enterprises hit upper circuit after Sebi clears deal with RIL

PTI, New Delhi
PUBLISHED ON JAN 21, 2021 12:15 PM IST
Meanwhile, Reliance Industries Ltd (RIL) was trading at 2,114.8 during the late morning trade, rising 2.91 per cent.
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The debt-ridden Future Group had agreed to sell various assets of Future Retail to Reliance for ₹24,713 crore in August.(Mint)
The debt-ridden Future Group had agreed to sell various assets of Future Retail to Reliance for ₹24,713 crore in August.(Mint)

CCI approves RIL, Future Retail deal

By Kalpana Pathak | Livemint, Mumbai
UPDATED ON NOV 21, 2020 04:20 AM IST
Amazon had complained to CCI as well as Sebi that the sale violated contractual agreements between Future and Amazon.
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