Amazon-Future tussle: Here's all you need to know
India's retail giant Kishore Biyani's Future Retail is stuck in a long-standing tussle with the US tech giant Amazon. Amazon has been blocking a deal worth $3.4 billion between Future Group and Reliance Retail alleging that the transaction between the two Indian majors violates the terms of its earlier contract with Future. > Amid the unprecedented challenges of Covid-19, Future Retail eyes at restructuring and selling its retail assets like Big Bazaar to Reliance Retail Ventures Limited. > On October 25, Amazon got an emergency order from Singapore International Arbitration Centre to block the Future assets sale to Reliance Retail Ventures Limited. > Future Group approached the Delhi high court to pass an injunction order against Amazon that been trying hard to block the deal.
Supreme Court issues notice to Future group on Amazon plea against Delhi HC stay
SC remands Amazon-Future dispute to Delhi HC for fresh consideration on merits
Future-Amazon Row: Delhi High Court Stays Arbitration Proceedings Till February 1
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