Wednesday, Jan 19, 2022
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Future Group

SC Reserves Verdict On Pleas Filed By Future Group

SC Reserves Verdict On Pleas Filed By Future Group

11 January 2022

The bench said that the pleas, which are arising from the EA’s award and are pending before it, may not be “relevant now as the final award of the SIAC has already been passed".

Shares of Future Group Surge 14% After Arbitration With Amazon Stayed

Shares of Future Group Surge 14% After Arbitration With Amazon Stayed

06 January 2022

The Delhi High Court on Wednesday stayed the Amazon-Future arbitration which is going on before a three-member arbitral tribunal over the latter's Rs...


Future Group Appeals Delhi High Court's Division Bench To Terminate Amazon Arbitration

The Delhi High Court on Tuesday dismissed the petitions by Future Group seeking a direction to the arbitration tribunal, adjudicating Amazon's objections...

Future Group Shares Fall By 7% After Delhi High Court's Verdict

Future Group Shares Fall By 7% After Delhi High Court's Verdict

05 January 2022

The stock of Future Enterprises Ltd tumbled 7.10 per cent, Future Retail Ltd tanked 6.29 per cent, Future Lifestyle Fashions Ltd fell 5.53 per cent, Future...


Future Group Approaches Delhi High Court Against SIAC Order

The Singapore tribunal had on December 30 refused to consider the Future group's request for terminating the arbitration proceedings before the commencement of...

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12 January 2022
Delhi HC To Hear Amazon’s Plea Challenging ED's Investigation Into FEMA Violation

Delhi HC To Hear Amazon’s Plea Challenging ED's Investigation Into FEMA Violation

Petitioners Amazon Wholesale (India) Pvt Ltd and Amazon Seller Services Pvt Ltd challenged the jurisdiction of the Enforcement Directorate (ED) and its...


12 January 2022
Future Group Shares Jump 20% After CCI Suspends Amazon Deal

Future Group Shares Jump 20% After CCI Suspends Amazon Deal

Future Lifestyle Fashions jumped 20 per cent, Future Supply Chain Solutions 19.99 per cent, Future Retail Ltd 19.92 per cent, Future Enterprises 19.93 per cent.


13 January 2022
CCI Suspends Amazon's 2019 Deal With Future

CCI Suspends Amazon's 2019 Deal With Future

Reuters reports that the North American e-commerce retailer had made false and incorrect statements and suppressed the actual scope.


13 January 2022
Supreme Court Defers Hearing Amazon-Future Group Case To January 11

Supreme Court Defers Hearing Amazon-Future Group Case To January 11

The Supreme Court was unhappy with the content and timing of submissions made by both Amazon and Future Group. It stated that there was no connectivity in the...


10 January 2022
Jeff Bezos Vs Mukesh Ambani In Future-Reliance Deal

Jeff Bezos Vs Mukesh Ambani In Future-Reliance Deal

Bezos wins the first point as Supreme Court rules in favour of Amazon, and puts on hold the $4.3 billion deal.


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12 January 2022
SC Stays Case On Merger Of Future Retail Ltd With Reliance Retail

SC Stays Case On Merger Of Future Retail Ltd With Reliance Retail

The petition by the US based e-commerce giant has sought a stay on the March 22 order of the division bench, terming it 'illegal', 'random', 'inequitable and...


19 January 2022
Delhi HC Restrains Future Group From Going Ahead With Reliance Deal On Amazon’s Plea

Delhi HC Restrains Future Group From Going Ahead With Reliance Deal On Amazon’s Plea

Justice J R Midha directed Kishore Biyani-led FRL not to take further action on the deal and held that the group wilfully violated Singapore Arbitrator's order.


19 January 2022
SEBI Nod, BSE 'No-Adverse-Observation' Status Paves Way For Reliance-Future Deal

SEBI Nod, BSE 'No-Adverse-Observation' Status Paves Way For Reliance-Future Deal

Amazon had written several letters to the SEBI and other regulatory agencies to suspend their review of the deal and not grant it a no-objection certification.


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Opinion

SC Reserves Verdict On Pleas Filed By Future Group

SC Reserves Verdict On Pleas Filed By Future Group

The bench said that the pleas, which are arising from the EA’s award and are pending before it, may not be “relevant now as the final award of the SIAC has already been passed".

11 January 2022
Shares of Future Group Surge 14% After Arbitration With Amazon Stayed

Shares of Future Group Surge 14% After Arbitration With Amazon Stayed

The Delhi High Court on Wednesday stayed the Amazon-Future arbitration which is going on before a three-member arbitral tribunal over the latter's Rs 24,500-crore deal with Reliance.

06 January 2022
Future Group Appeals Delhi High Court's Division Bench To Terminate Amazon Arbitration

Future Group Appeals Delhi High Court's Division Bench To Terminate Amazon Arbitration

The Delhi High Court on Tuesday dismissed the petitions by Future Group seeking a direction to the arbitration tribunal, adjudicating Amazon's objections against Future Group's deal with Reliance, to take a decision on their application for terminating the arbitration proceedings before moving any further

05 January 2022
Future Group Shares Fall By 7% After Delhi High Court's Verdict

Future Group Shares Fall By 7% After Delhi High Court's Verdict

The stock of Future Enterprises Ltd tumbled 7.10 per cent, Future Retail Ltd tanked 6.29 per cent, Future Lifestyle Fashions Ltd fell 5.53 per cent, Future Supply Chain Solutions Ltd slipped 4.79 per cent and Future Consumer Ltd slumped 4.24 per cent on the BSE.

05 January 2022
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