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FRL RELIANCE
SC allows Amazon's appeal, sets aside order imposing Rs 202 crore penaltyThe Supreme Court has relieved Amazon by setting aside a Rs 202 crore penalty. The apex court also suspended the e-commerce giant's deal wi...
Future Coupons to pay Rs 11 crore in Amazon settlementAmazon and Future Coupons Pvt Ltd have settled their long-running dispute and agreed to withdraw all legal proceedings across forums follow...
Future Retail independent director conduct raises question on corporate governance in India: AmazonIn August 2020, Future Group had announced a Rs 24,713-crore deal to sell 19 companies operating in retail, wholesale, logistics and wareho...
It's akin to demon preaching vedas: Future Retail independent directors on Amazon's allegation of fraudulent stratagemHitting out at Amazon for making "false statements" and submission of "false documents" before the fair trade regulator Competition Commiss...
Amazon urges RBI to conduct audit of Future RetailAmazon, which has been fighting a bitter legal battle with FRL to block the Reliance-Future deal, alleged that a collusion between FRL's le...
Cannot implement $3.4 bln deal with Future Group, Reliance saysA day after Future Group’s proposed deal to sell its assets to Reliance Retail was rejected by a majority of lenders to flagship Future Ret...
Amazon accuses Reliance of “collusion” with Future RetailJustice Hari Shankar of the high court is scheduled to hear the matter on Tuesday. The apex court asked both Amazon and FRL to update it We...
Supreme Court to again hear Amazon's plea against FutureOn Friday, Gopal Subramanium, the senior lawyer representing Amazon, pleaded with the court to pass an order so FRL does not part with its ...
Would take steps for value adjustments, reversal of takeover of stores by Reliance, says FRLReliance, India's biggest retailer, stunned Future on Feb. 25 with its staff suddenly showing up at many of Future's biggest stores to assu...
NCLT allows Future Retail to convene meetings to approve the sale of its retail assets to RelianceThe approval comes exactly a year after FRL approached the NCLT in Mumbai seeking permission to hold these meetings to approve the Rs 24,00...
FRL-Reliance merger: SC notice to Future group on plea of AmazonThe Supreme Court on Wednesday sought a response from the Future group on an appeal of US e-commerce major Amazon against the January 5 ord...
Amazon-Future case; SC to pronounce verdict on pleas of Future group firmsThe bench, on January 11, had reserved the judgement and had said that it wanted to send the case back to the Delhi High Court to render a ...
FRL-Reliance Retail deal case: SC judge offers to recuse from hearing; parties say no objectionThe bench, which also comprised Justice A S Bopanna, then proceeded to hear the petitions and cross-petitions filed by the parties briefly ...
Future-Reliance Retail merger deal: FRL seeks early hearing of appeal in SC against HC orderAmazon and Future have been locked in a bitter legal tussle after the US e-commerce giant dragged Future Group to arbitration at Singapore ...
Supreme Court to pronounce verdict on Amazon's pleas against FRL-Reliance deal on FridayThe verdict is keenly awaited as it is likely to deal with the legality and enforceability of an award by an Emergency Arbitrator (EA) of t...
Supreme Court reserves verdict on Amazon's pleas against FRL-Reliance dealAmazon had first filed a plea before the high court (single judge) for enforcement of the October 25, 2020, EA award by Singapore Internati...
FRL-Reliance deal: Will decide if Emergency Arbitrator award valid, enforceable, says SCUS-based e-commerce giant Amazon.com NV Investment Holdings LLC, and FRL are embroiled in a bitter legal fight over FRL's Rs 24,713 crore m...
Future Group moves HC against order restraining to go ahead with Rs 24K cr Reliance deal on Amazon's pleaThe appeal, filed through advocate Harshvardhan Jha, has challenged the single judge's March 18 judgment directing Kishore Biyani-led FRL n...
ET Exclusive: Samara-Future signed term sheet 2 months prior to RIL deal announcementFuture Group CEO Kishore Biyani told ET in a January interview that he received no help from Amazon despite reaching out eight times to hel...
In fight with Amazon, Future Retail sees liquidation if Reliance deal failsOver the weekend, Amazon won an injunction from a Singapore arbitrator to halt FRL's deal to sell assets to Reliance. Amazon alleged FRL ha...