The court also issued notice to Amazon and sought its stand on FRL's appeal by February 26
Future Retail said Sebi's one-year ban on its Chairperson Kishore Biyani from the securities market will have 'no impact' on the deal with Reliance
Kishore Biyani-led Future Retail Ltd (FRL) on Thursday told the Delhi High Court that Amazon was opposing the Rs 24,713 crore deal with Reliance as the Mukesh Ambani company was a competitor
Shares of Future Retail on Wednesday declined 5 per cent amid concerns related to the deal with Reliance Retail.
Future Retail said the Company will explore all legal remedies and take appropriate steps to pursue the scheme of arrangement.
Following the Tuesday directive, FRL had said it would explore legal recourse
An Indian court blocked Future Group's sale of a swathe of assets to rival Reliance Industries on Tuesday after Amazon raised objections to the deal
Amazon founder Jeff Bezos will step down as the chief executive officer in the third quarter of 2021, the company said on Wednesday. Read top news with Business Standard
Ruling seen as interim relief to Amazon; next phase of arbitration likely to begin soon in Singapore, say sources
India's Future Group needs to maintain status quo with respect to its $3.4 billion retail assets deal, the Delhi High Court said on Tuesday
The issue relates to a Rs 24,713 crore deal between Future Retail and Reliance Retail
Amazon, locked in protracted legal disputes with Future, alleges the Indian firm violated contracts by agreeing to sell its retail assets to Reliance Industries last year. Future denies wrongdoing
The Delhi High Court Friday sought response of Kishore Biyani led Future Retail Ltd (FRL) on a plea by US-based e-commerce giant Amazon
Amazon urged the Delhi High Court to order enforcement of the award by Singapore's Emergency Arbitrator (EA)
Amazon argues Future breached some pre-existing clauses by entering into a deal with Reliance
Debt reduction, gains from digital priced in
Yearly numbers are not comparable, RIL said, since the petro retail business, which makes up 40 per cent of the company's retail revenues, has been demerged
The retail arm of Reliance Industries had posted a pre-tax profit or EBITDA (earnings before interest, tax, depreciation and amortisation) of Rs 2,736 crore in October-December quarter a year ago
Market regulator had given a go-ahead to Future Group's scheme of arrangement and sale of assets to Reliance for the $3.4 billion deal
On the BSE, Future Retail Ltd''s shares hit the upper circuit of Rs 81.35, rising 4.97 per cent over the previous close