Amazon-Future Deal: Possible Case of Tail Wagging the Dog
4 years, 1 month ago

Amazon-Future Deal: Possible Case of Tail Wagging the Dog

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A controversial deal made by Amazon with an arm of Future group in August last year has put the US e-commerce giant at odds with both Future group founder Kishore Biyani and Reliance Retail, which acquired the assets of the troubled retailer in August this year. Here is how Amazon is trying to accomplish this feat: On August 12, 2019, Future Retail, a listed entity, entered into a shareholders agreement with the KB Group and Future Coupons Ltd. Ten days later, Future Coupons, having obtained this veto over Future Retail, entered into a shareholders agreement with Amazon and KB Group. After giving special rights to Future Coupons over Future Retail, now came another agreement which gave Amazon special rights over Future Coupons. However, Amazon is seeking to control all of Future Retail by controlling KB Group’s majority equity in Future Retail with an investment of Rs 1,431 crore in Future Coupons.

History of this topic

RIL among 16 interested in Future Retail’s IBC assets
2 years, 1 month ago
NCLAT Endorses CCI's Penalty Order Against Amazon: A Setback For Amazon And A Leap In Jurisprudence
2 years, 5 months ago
Amazon's petition against Future rejected; directs to deposit over Rs 200 cr penalty in 45 days
2 years, 6 months ago
Amazon & Future Retail Agree In Supreme Court To Appear Before Singapore Arbitration Tribunal
2 years, 8 months ago
Future Group Colluding With Reliance To Handover Stores, Amazon Alleges Before Supreme Court
2 years, 8 months ago
Banks to take Future to debt recovery tribunal
2 years, 9 months ago
Amazon vs Reliance: Future of retail supremacy in India hangs in balance
2 years, 9 months ago
'Can't Stop Reliance Taking Over Stores As We're Broke' : Future Retail Tells Supreme Court In Amazon's Case
2 years, 9 months ago
Amazon Plans To File Criminal Case Against Future Over Store Transfers To Reliance, Says Report
2 years, 9 months ago
Future Retail-Reliance Merger: SC Allows Future Retail To Move HC To Seek Resumption Of NCLT Proceedings
2 years, 10 months ago
Supreme Court issues notice to Future group on Amazon plea against Delhi HC stay
2 years, 10 months ago
Banks act against Future Retail for missing payments
2 years, 10 months ago
Lenders to Future Retail call for its assets to be put up for auction
2 years, 10 months ago
Banks act against Future Retail for missing payments
2 years, 10 months ago
In latest twist, India’s Future Group challenges lenders in court
2 years, 10 months ago
Decoding the multilayered Amazon-Future-Reliance legal drama
2 years, 11 months ago
Shares in Future Group firms fall as court dismisses appeal
2 years, 11 months ago
Amazon challenges ED probe into 2019 deal with Future Group
3 years ago
Amazon-Future Deal: CCI Suspends 2019 Future Coupon Nod, Imposes Rs 200 Cr Penalty on US Retailer
3 years ago
Future Retail Employees Ask SC to Sell Its Retail Assets, Rule Against Amazon
3 years, 1 month ago
Future discloses new documents to bolster case against Amazon deal
3 years, 1 month ago
Future-RIL deal: Amazon flags Supreme Court’s ruling to SEBI
3 years, 3 months ago
Amazon-FRL Dispute : Future Coupons Move Supreme Court Against Delhi HC Single Bench Order Attaching Assets
3 years, 4 months ago
E-Tail struggle: The Amazon-Future Retail court battle intensifies
3 years, 9 months ago
Advantage Future Group as HC lifts stay on Reliance deal
3 years, 10 months ago
Amazon-Future tussle: Here's all you need to know
3 years, 10 months ago
Setback for Future Group as Delhi HC halts RIL deal
3 years, 10 months ago
HC issues notice on Amazon’s petition
3 years, 11 months ago
Kishore Biyani sees quick OK of Future’s $3.4 billion deal despite Amazon dispute
3 years, 11 months ago
Battle of billionaires: India regulators to decide Future’s fate
4 years ago
RIL-Future Retail deal gets CCI okay
4 years, 1 month ago
CCI approves RIL, Future Retail deal
4 years, 1 month ago
Competition Commission Clears Reliance's Rs 24,713 Crore Deal with Future Retail, Setback for Amazon
4 years, 1 month ago
Amazon May be on the Wrong Side of India’s FDI Rulebook for Multi-brand Retail on Dispute with Future Retail
4 years, 1 month ago
Amazon Not Shareholder, No Say in Company Affairs: Future Retail Tells Delhi HC
4 years, 1 month ago
Amazon Accuses Future of Insider Trading as it Seeks to Block Reliance Deal
4 years, 1 month ago
Why Amazon and Reliance are fighting for Future Retail in India
4 years, 1 month ago
Amazon set for face-off with Mukesh Ambani’s RIL for India retail dominance
4 years, 1 month ago
Future Group Hints it May Challenge Arbitration Award Putting RIL Deal on Hold
4 years, 1 month ago
Singapore court halts Future-RIL retail deal
4 years, 1 month ago
Amazon open to bailing out Future Group
4 years, 2 months ago
Future of Biyani-Reliance deal under Amazon cloud
4 years, 2 months ago
Future-Reliance deal sparks arbitration case
4 years, 2 months ago
Amazon drags Future to Singapore arbitration
4 years, 2 months ago

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