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Future of retail at stake: Why Amazon is feuding with Biyani and Ambani

Amazon is willing to 'sink the ship' but doesn't want Reliance to acquire Future's assets, says one analyst.

Jeff Bezos

File photo of Jeff Bezos (Photo: Reuters)

Bhuma Shrivastava and Upmanyu Trivedi | Bloomberg New Delhi
A legal spat between Inc. and its Indian partner that started before an arbitrator in Singapore just got fiercer in a court in New Delhi.
The US e-commerce giant and Future Group, whose assets billionaire Mukesh Ambani’s Reliance Industries Ltd. recently agreed to buy for $3.4 billion, are locked in a dispute over that deal. Amazon says Future violated a contract with the sale to its rival and wants to halt it, while the indebted Mumbai-based firm says it would collapse if the transaction were to fail.

The Jeff Bezos-led e-tailer has accused Future and its founder Kishore Biyani

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First Published: Nov 12 2020 | 8:21 PM IST

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