Friday, February 26, 2021
Home Top Stories Amazon Goes To Supreme Court In Battle Over Future Group-Reliance Deal

Amazon Goes To Supreme Court In Battle Over Future Group-Reliance Deal


Amazon has approached Supreme Court against Future Group and Reliance Industries deal

New Delhi:

Amazon has approached the Supreme Court seeking to stop Future Group’s $3.4 billion retail assets sale to Reliance Industries, days after the Delhi High Court revoked a previous court decision that effectively blocked the deal. The high court order was, however, an interim one and the next hearing is on February 26.

The high court allowed procedures before the Competition Commission of India and the Securities and Exchange Board of India to go ahead.

Newsbeep

Leave A Reply

Please enter your comment!
Please enter your name here

Recent Comments