Business Standard brings you the top headlines on Tuesday
For more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4 billion sale of assets
According to sources familiar with the development, the special leave petition challenging the Delhi High Court order has been filed in the apex court
Business Standard beings you top headlines on Monday
Amazon.com Inc has filed a legal challenge at an Indian tribunal against the national antitrust agency's suspension of a 2019 deal with Future Group
They add that defeats the sole crux of the contractual arrangement and may dissuade foreign companies from entering Indian market
Shares of Future Group of companies bounced back and settled with as much as 5.5 per cent gains on Thursday, a day after the Delhi High Court stayed the Amazon-Future arbitration.
Shares in Future Group companies jumped on Thursday, a day after an Indian court halted arbitration proceedings between the conglomerate and estranged partner Amazon.com Inc.
The tribunal is adjudicating Amazon's objections to Future Retail's Rs 24,500-crore deal with Reliance
Court stays Tuesday's single-judge order dismissing Future Group's petition
Thermax surges 7% on Rs 546-cr order; Talbros Automotive zooms 27% in 2 days as Vijay Kedia increases stake; Future Retail falls 6% as Delhi High Court rejects plea to dismiss Amazon arbitration
Division bench of Delhi HC stays proceedings of arbitral tribunal till next date of hearing; also stays order of the single judge of Delhi HC.
Business Standard brings you the top headlines on Wednesday
Shares in Future Group companies fell on Wednesday, a day after an Indian court dismissed Future Retail's appeal to declare arbitration proceedings with Amazon.com Inc as illegal.
Dismisses its plea seeking a direction to SIAC to decide on its application
Business Standard brings you the top headlines on Tuesday
Amazon and Future have been locked in a bitter legal tussle after the US e-commerce giant dragged Future Group to arbitration at the Singapore International Arbitration Centre in Oct 2020
Delhi HC will pass order today
Amazon moves Delhi HC, objects to ED asking for disclosure of legally privileged documents. Multiple Amazon executives had been summoned and the probe has caused 'unnecessary harassment', it says
The NSE index has now declined nearly 11 per cent from its all-time in the last two months; Midcap and Smallcap indices were down over 3 per cent each