Future Group's plan to sell its retail and wholesale assets to Reliance Retail failed after the majority of the lenders of the flagship Future Retail Ltd (FRL) voted against such a takeover by Reliance, media reports said.
New Delhi/IBNS: Amazon has approached the courts challenging the recent decisions in its protracted legal dispute with Kishore Biyani-led Future Group after the Competition Commission of India suspended a 2019 deal between the two sides, leading to a halt in their arbitration, Reuters reported on Sunday citing sources.
Elon Musk has become the first person to be worth over $300 billion as his fortune surged by more than $10 billion in a day after Tesla became the first automaker to be valued over a trillion dollars, media reports said.
New Delhi/IBNS: The Supreme Court on Friday ruled that Reliance Retail and Future Retail cannot go ahead with their Rs 24,713 crore deal, in a boost to US-based e-commerce giant Amazon.
Kolkata/IBNS: Hurun Research and EdelGive Foundation has released the '2021 EdelGive Hurun Philanthropists of the Century', a ranking of the world’s most generous individuals and their institutions from the past century. Unlike the popular choice that many might have assumed to top the list- like Jeff Bezos or Bill Gates- an Indian industrialist stood ahead.
New York: Google CEO Sundar Pichai on Wednesday congratulated Amazon chief Jeff Bezos as he announced to step asiode from his position later this year.
Washington: Amazon founder Jeff Bezos, who is one of the richest persons on Earth, will step aside later this year as chief executive of the company.
New York/IBNS: Tesla Inc chief and billionaire entrepreneur Elon Musk has surpassed Amazon.com Inc founder Jeff Bezos as the richest person of the world.
New Delhi/IBNS: Amazon founder Jeff Bezos has said his company will create 1 million jobs across India by 2025.