June 19, 2024 16:47 (IST)
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With Modi's re-election, Justin Trudeau wants to engage on some 'very serious issues' | Fire breaks out at iconic Hollong Bungalow in Bengal's Jalpaiguri | Portion of under-construction bridge collapses in Bihar's Araria | PM Modi performs Ganga aarti in Varanasi on his first visit since LS polls victory | Mamata Banerjee calls on BJP MP Anant Maharaj in Coochbehar, triggers speculation

Future Retail accuses Amazon of blocking its OTR scheme, asks US etailer to pay the lenders

Amazon's January 19 letter opposing the sale of small-format stores by Future Retail Limited (FRL) has elicited a terse response from the latter's independent directors, who asked the e-commerce giant to pay Rs 3,500 crore to FRL so that it can repay its lenders, media reports said.