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Delhi high court stays Amazon arbitration proceedings against Future-Reliance deal
The Delhi High Court, on January 5, stayed the arbitration proceedings in Singapore that passed the…
1 min read
Future Retail’s appeal to end Singapore arbitration initiated by Amazon has been turned down
The Delhi high court had dismissed the petition filed by Future Retail, seeking termination of the …
3 mins read
Future Retail's independent directors haved turned down Amazon's financial support offer
FRL's independent directors had last week asked Amazon if the e-commerce giant was willing to gi…
PTI
2 mins read
CCI clears the way for Amazon-Future deal by revoking Future Coupon’s three-year-old deal with Amazon
India’s antitrust watchdog, Competition Commission of India (CCI), on December 17, has reportedly r…
2 mins read
Here’s why Amazon is suing India’s financial investigating agency
Amazon has filed a writ petition in the Delhi High Court against India’s Enforcement Directorate (E…
2 mins read
Future Retail denies Amazon’s allegation that it diverted $1.5 billion to other businesses
The ecommerce giant has reportedly accused Future Retail of diverting $1.5 billion from its acco…
2 mins read
I accidentally bought a counterfeit backpack on Amazon. Now, I know how to avoid sneaky fake products.
I bought a bag on Amazon that I thought was name-brand, but I discovered it was a fake. Now, here's…
Lisa Galek
2 mins read
Reliance Retail to foray into FMCG business this year led by Isha Ambani
At RIL’s 45th annual general meeting, Isha Ambani said that the objective of the FMCG business w…
4 mins read
RIL could transform into a holding company says CreditSights
The telecom to retail conglomerate Reliance Industries could eventually transform into a holding co…
2 mins read
Amazon Vs Future Retail: Kishore Biyani-led company asks court to declare Singapore arbitration illegal
Notably, Amazon had bought 49% stake in Future coupon in 2019, which gave it access to gnarly …
1 min read
Walmart lays off hundreds of employees to 'prepare for the future'
Retail giant Walmart is laying off hundreds of employees at its e-commerce facilities across the US…
2 mins read
Amazon Vs Future Retail: Supreme court stays Delhi High Court's verdict enforcement
The Supreme Court of India has offered a sigh of relief to Future Retail by staying all the enforce…
2 mins read
Markets bounce back on fag-end buying in RIL, ITC
Equity benchmark indices closed higher on Wednesday, helped by fag-end buying in index majors Relia…
PTI
4 mins read
It's been 20 years of Mukesh Ambani's leadership, and here's how RIL grew
Mukesh Ambani took over as the Chairman and Managing Director of Reliance Industries Limited (RIL) …
2 mins read
Reliance Retail reports a second consecutive quarter of declining profits
Reliance Retail — a subsidiary of Reliance Industries Limited (RIL) — has reported its best quarter…
1 min read
Amazon stock has 17% upside as earnings reveal a 'new era' of profits for the tech titan, Bank of America says
Amazon reported earnings this week that beat Wall Street estimates, and BofA says there's more grow…