Future Retail asks court to declare arbitration with Amazon illegal

India’s Future Retail has asked a New Delhi court to declare arbitration proceedings in Singapore with Amazon.com as illegal, arguing that India’s antitrust agency had suspended a 2019 deal used by Amazon to assert rights over Future. Amazon successfully used the terms of its toehold $200 million investment…

Reliance-Future Retail deal: SC rules in favour of Amazon, says emergency award is enforceable

The Supreme Court ruled in favour of e-commerce giant Amazon.com after it had filed a plea against a Rs 24,713 crore deal for the merger of Future Retail Limited (FRL) with Reliance Retail. The top court bench stated that the emergency award is enforceable under Indian laws and upheld the Delhi High Court judgement…