New Delhi: ZEE Entertainment Enterprises Ltd and Sony Pictures Networks India on Tuesday said they have settled their six-month-long dispute related to the failed USD 10-billion merger and have agreed to withdraw all claims against each other.As part of the "comprehensive non-cash settlement" between ZEEL and Culver Max Entertainment Pvt Ltd, both "have mutually agreed to withdraw all respective claims …
The legal battle between e-tail major Amazon and the Kishore Biyani-led Future Retail over the latter’s sale of assets to Reliance Retail has intensified. Just days after a single bench of the Delhi High Court said on March 18 that Future Retail, Future Coupons, Kishore Biyani and others had violated an emergency award by the Singapore International Arbitration Centre in …
Future Retail Ltd on Wednesday said it has filed an appeal in the Delhi High Court against the status quo order on its Rs 24,713-crore deal with Reliance. On Tuesday, a Delhi High Court bench of Justice J R Midha had directed FRL to maintain status quo in relation to its Rs 24,713-crore deal with Reliance Retail that has been …
Trader’s body CAIT on Monday said Amazon’s “manipulative, coercive, arbitrary and dictatorial policies” to dominate India’s retail trade should come to an end, hours after the Delhi High Court passed an order related to Future Group’s proposed asset sale to Reliance Retail, a deal that is being opposed by Amazon. The court rejected Future Retail Ltd’s plea for an interim …
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