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…