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FRL LETTER TO AMAZON
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...- Amazon in self-serving act to destroy Future Retail at any cost: Future Retail independent directorsIn a reply to Amazon, the directors of Future Retail Limited (FRL) said in a letter, "Your feigned concern over the state of affairs in FRL...
- 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...
- Future-Reliance deal: Amazon writes to Future independent directors, accuses them of facilitating fraudulent stratagemThe Reliance deal fell last month after the lenders to FRL rejected it. But prior to that, Reliance group, referred to as MDA group by Amaz...
- 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...
- Amazon warns Future Retail against holding meeting to approve deal with RelianceIn a letter to Kishore Biyani and family on late Tuesday night, the US e-commerce giant has warned and said such meetings are illegal and w...
- Future Retail's independent directors turn down Amazon's bailout offerFRL's independent directors had last week asked Amazon if the e-commerce giant was willing to give a long-term loan to avoid default on rep...
- Give financial details to Samara Capital if you want funds to avoid default, Amazon tells Future RetailAmazon, that is currently embroiled in a legal tussle with Future Group over the Indian group’s plans to sell its assets to Reliance Retail...
- Future Retail's independent directors seek Rs 3,500 crore loan from AmazonAmazon, embroiled in a legal tussle with Future over plans to sell its assets to Reliance Retail, earlier this week opposed FRL's plans to ...
- FRL's independent directors ask Amazon to confirm Rs 3,500-cr infusion by SaturdayE-mails sent to Amazon and Future group seeking comments on the matter did not elicit a response. Earlier this month, Future Retail had sai...
- Amazon offers financial assistance to Future Retail, warns against selling storesAmazon has offered financial assistance to cash-strapped Future Retail, with which the US-based ecommerce major is embroiled in a legal bat...
- Amazon writes to Future Retail's independent directors alleging 'financial irregularities'New Delhi, Amazon has written to the independent directors of Future Retail Ltd (FRL) alleging "significant financial irregularities", and ...
- Future Retail's independent directors ramp up attack on Amazon, write another letter to CCIIn their latest letter to the CCI chairman Ashok Kumar Gupta the directors quoted Amazon’s internal communications and said the US giant wa...
- CAIT urges CCI to revoke approval to Amazon for Future Coupons deal"Considering the urgency of the matter and the attached public interest and public good, we request you to take immediate action of declari...
- Hope CCI reopens Amazon investment case: Independent directors of FRLRL has given a one-time restructuring proposal to banks, telling them that the company will sell all its small stores and raise Rs 3,000 cr...
- Future Retail independent directors claim Amazon deal violates FEMA, FDI rulesThe assertions of Amazon which it has claimed with success in the arbitral tribunal meant Amazon has significant strategic rights over FRL ...
- Amazon urges Sebi to suspend review of Future-RIL dealThis is the eighth letter by Amazon to the Securities and Exchange Board of India (SEBI) Chairman Ajay Tyagi since late October.
- Future Retail attempting to mislead shareholders, regulatorsFRL defended itself in a letter of its own to the bourses, reiterating arguments made in an earlier communication.
- Future, Amazon continue letter fight; write to SEBI over Future-Reliance dealAmazon had dragged Future Group to arbitration at Singapore International Arbitration Centre (SIAC) after an indebted Kishore Biyani group ...
- Future Retail rejects Amazon's contention over shareholder agreementsIn a filing to the stock exchanges on Sunday, FRL said if the two separate agreements were treated as a single integrated transaction, then...
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