February 06, 2023 11:18 (IST)
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PM Narendra Modi to inaugurate India Energy Week 2023 tomorrow | Assam: G20 delegates visits Kaziranga National Park | Power Minister RK Singh calls upon G20 members to fight global warming, climate change | WPL: Mumbai Indians announces coaching team, Charlotte Edwards appointed head coach | Himachal Pradesh: One dies,5 injured in road accident in Una dist

Amazon writes to independent directors of Future Retail, accuses them of 'fraudulent stratagem'

Amazon has written to the independent directors of Future Retail Ltd (FRL), accusing them of facilitating a "fraudulent stratagem" of transferring 835 stores to billionaire Mukesh Ambani's Reliance Retail.

Amazon-Future Grp case: Delhi HC rebukes ED for insisting physical appearance of Amazon exec in Delhi amid Covid surge

Delhi/IBNS: The Delhi High Court on Wednesday told the Enforcement Directorate (ED) that it cannot force a top Amazon executive, who lives in Mumbai and is a mother of an unvaccinated two-year-old child, to be physically present to answer summons as part of its probe into the Amazon Future Group deal, media reports said.

Jolt for Future as Delhi HC dismisses plea seeking ending of arbitration proceedings with Amazon

New Delhi/IBNS: In a major setback to Future Group, the Delhi High Court has dismissed the pleas filed by Future Group of companies to terminate the arbitration proceedings with Amazon going on in Singapore International Arbitration Centre, media reports said.

CCI cancels Amazon-Future deal

New Delhi/IBNS: Amazon suffered a setback Friday as the Competition Commission of India (CCI) suspended its deal with Future Group after reviewing complaints that US-based e-commerce giant concealed information while seeking regulatory approval, media reports said.