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Future Retail Ltd has said that SEBI's one-year ban on its Chairperson Kishore Biyani and some other promoters from the securities market will have "no impact" on the Rs 24,713 crore-deal with Reliance. Further, Kishore Biyani, some other promoters and Future Corporate Resources Pvt...

Kishore Biyani-led Future Retail moved the Delhi High Court on Wednesday against its single judge order directing the company to maintain status quo on its Rs 24,713 crore deal with Reliance Retail, which has been objected to by US-based e-commerce giant Amazon. The...

In an interim order, the Delhi High Court directed Kishore Biyani-led Future Retail to maintain status quo on the Rs 27,513 crore Future Retail-Reliance deal until 'the pronouncement of the reserved order'. The court blocked the sale of a swathe of...

Jeff Bezos will step down as Amazon CEO and become the company's executive chairman in the third quarter of this year. Amazon Web Services' (AWS) founder Andy Jassy will become Amazon's next chief executive officer. Bezos will become Amazon's executive chairman...

Following the news that the boohoo group has bought Debenhams out of administration, Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, offers her view on this news: "In a surprising turn of events that proves the...

Amazon's 2020 hiring spree does not appear to be slowing in the new year with the company announcing 3,000 new jobs in Boston in the coming years. The hires announced Tuesday will double the workforce in Amazon's Boston tech hub,...

Market regulator SEBI gave a go-ahead on Wednesday to Future Group's scheme of arrangement and sale of assets to Reliance, based on which the Bombay Stock Exchange also granted its "no adverse observation" report to the Rs 24,713-crore deal. The Securities and Exchange Board of...

The Delhi High Court Wednesday sought response of Kishore Biyani-led Future Retail Ltd (FRL) on Amazon's plea challenging the prima facie observations by a single judge that the US e-commerce giant's attempt to control the Indian entity was violative of FEMA and FDI rules. A bench of Chief...

E-commerce giant Amazon has written to Sebi yet again, apprising the market regulator of the formation of the arbitration tribunal at SIAC while urging it to suspend the review of the Rs 24,713 crore Future-RIL deal. It has also filed an appeal with...

Amazon has announced that it’s discontinued its Amazon Pantry (originally known as Prime Pantry) service, instead rolling those household goods and shelf-stable pantry items into the main Amazon website where they can be ordered alongside the rest of Amazon’s...