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Top headlines: Delhi HC relief for Future; NCLAT setback for Twin Star

Business Standard brings you the top headlines on Wednesday

Kerala, Covid-19, Coronavirus
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Photo: PTI

BS Web Team New Delhi
Delhi HC puts on hold arbitration proceedings between Amazon and Future

Delhi High Court on Wednesday halted Future Group's ongoing arbitration with estranged partner Amazon.com Inc in light of an Indian antitrust agency's suspension of a 2019 deal between the two sides.

The US company successfully used the terms of its 2019 investment in a Future unit to block the Indian retailer's attempt to sell retail assets to rival Reliance Industries, alleging breach of certain contracts. Read more

NCLAT sets aside NCLT approval of Twin Star's resolution plan for Videocon

The National Company Law Appellate Tribunal (NCLAT) has set aside the