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Amazon Accuses Future Retail Of Fraud In Newspaper Advertisements

Amazon Accuses Future Retail Of Fraud In Newspaper Advertisements

Amazon has been engaged in several legal tussles with Future Retail and Reliance Group. The company has also been contesting Future Retail’s $3.8 billion deal with Reliance Group in the Supreme Court. 

15 March 2022
Reliance Terminates Lease For 835 Stores: Future Retail

Reliance Terminates Lease For 835 Stores: Future Retail

In stock exchange filings, the Kishore Biyani-led Future Group firms said they have been served notices to terminate the lease of 835 Future Retail stores and...

10 March 2022

Amazon Plans To File Criminal Case Against Future Over Store Transfers: Report

Amazon and Future Group dispute Future's $3.4 billion sale of assets to Reliance Industries

Reliance Retail: King Of Indian Retail

Reliance Retail: King Of Indian Retail

Its revenue has grown 5x in the last five years. Core retail revenue of $18 billion is greater than competitors combined.

27 February 2022

Reliance Takes Control Of Future Retail Stores, Offers Jobs To Employees

Reliance Retail has started to take possession of the premises in which Future Retail is operating its stores such as Big Bazaar and replaced them with its...

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22 February 2022
After Retail, Amazon, Reliance Likely To Be At Loggerheads Over Cricket Media Rights: Report

After Retail, Amazon, Reliance Likely To Be At Loggerheads Over Cricket Media Rights: Report

According to the report, Amazon and Reliance are eyeing to take over Sony Group and Walt Disney Co, for exclusive five-year TV and digital broadcast rights to...


14 February 2022
NCLAT Adjourns Hearing On Amazon's Plea To Stay CCI's Order Till February 25 

NCLAT Adjourns Hearing On Amazon's Plea To Stay CCI's Order Till February 25 

When the matter was called for hearing, a two-member bench expressed its difficulties to take up the matter on Monday, as one of the members is retiring in the...


11 February 2022
Delhi HC To Hear Amazon-Future Cases Over Deal With Reliance On February 24

Delhi HC To Hear Amazon-Future Cases Over Deal With Reliance On February 24

On February 1, the Supreme Court had set aside three high court orders including the attachment of properties of Future Group and its directors and the refusal...


09 February 2022
Supreme Court Issues Notice To Future Group On Amazon's Plea

Supreme Court Issues Notice To Future Group On Amazon's Plea

The Delhi High Court on January 5 had stayed the Amazon-Future arbitration which is going on before a three-member arbitral tribunal over the latter's Rs...


08 February 2022
SC Denies Approval To Amazon To File Written Note In Case Filed By Future Group

SC Denies Approval To Amazon To File Written Note In Case Filed By Future Group

A bench headed by Chief Justice N V Ramana, which had reserved its order on February 3, was irked over the alleged delayed request of the US-based e-commerce...


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03 February 2022
Lending Banks Propose Future Retail Assets' Sale To Recover Rs 17,000 Crore

Lending Banks Propose Future Retail Assets' Sale To Recover Rs 17,000 Crore

A bench headed by Chief Justice N V Ramana, hearing FRL's plea seeking a direction to the banks that no coercive action be taken against it for a certain time...


01 February 2022
No Party To Benefit From Measures Against Future Group For Loan Defaults: SC

No Party To Benefit From Measures Against Future Group For Loan Defaults: SC

Future Retail Ltd (FRL) has sought a direction from the lending financial institutions (FIs) that no coercive action be taken against it for a certain time...


01 February 2022
SC To Pronounce Verdict On Pleas Of Future Group Firms Today

SC To Pronounce Verdict On Pleas Of Future Group Firms Today

The 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 finding on the...


27 January 2022
SC To Hear Future Group's Plea On January 31 For Direction To Lending Financial Institutions

SC To Hear Future Group's Plea On January 31 For Direction To Lending Financial Institutions

Amazon has been opposing the sale of FRL’s and had got an award in its favour restraining the Future group from going ahead with the Rs 24,731 crore merger...


25 January 2022
Future Group Moves SC To Avert Defaulter Tag; Rejects Amazon Brought Offer

Future Group Moves SC To Avert Defaulter Tag; Rejects Amazon Brought Offer

India's second-largest retailer, failed to pay Rs 3,494.56 crore to lenders by the due date of December end and sought a 30-day grace period to resolve the...


23 January 2022
Samara Group Willing To Invest Rs 7,000 Crore In Future Group To Acquire Assets, Confirms Amazon

Samara Group Willing To Invest Rs 7,000 Crore In Future Group To Acquire Assets, Confirms Amazon

On January 19, Amazon had approached the independent directors of FRL reiterating its willingness to assist the Mumbai-based company in addressing its...


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04 January 2022
Future Group Approaches Delhi High Court Against SIAC Order

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...


17 December 2021
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.


01 December 2021
Stocks To Buy Today: NTPC, TCS, Future Retail, More Could Give Profitable Gains

Stocks To Buy Today: NTPC, TCS, Future Retail, More Could Give Profitable Gains

NSE Nifty lost 70 points and closed at 16,983 levels whereas BSE Sensex shed 195 points and closed at 57,064 levels. According to market experts, the current...


11 November 2021
Will Expose Amazon's Misinterpretation, Contradiction before CCI :Future Retail's Independent Directors

Will Expose Amazon's Misinterpretation, Contradiction before CCI :Future Retail's Independent Directors

On being asked why the directors were raising the issue almost three years after the deal, Dhariwal stated that it was only now the e-commerce giant's intent...


08 November 2021
Pre-Market Report: Britannia, Aurobindo Pharma Results Quarterly Results, Paytm IPO To Watch Out For

Pre-Market Report: Britannia, Aurobindo Pharma Results Quarterly Results, Paytm IPO To Watch Out For

Markets were closed for the Diwali vacation since Thursday. How investors react on Monday would depend on what they see as a priority.


28 October 2021
Stocks You Should Not Miss Today: ITC, Future Retail, IndusInd Bank, More

Stocks You Should Not Miss Today: ITC, Future Retail, IndusInd Bank, More

In the Amazon-Future row over the Reliance Retail deal, Future Group has approached the Delhi HC, seeking a stay on an interim order passed by the Singapore...


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