Kishore Biyani
Retail
Amazon seeks control of Rs 30,000 crore Future Group assets with Rs 1,431 crore investment
IANS -
Amazon is seemingly seeking to control 100 percent of FRL by controlling the entire Kishore Biyanis Groups majority equity in FRL, which means with an investment of Rs 1,431 crore, it seeks to control Future Group's assets worth about...
Retail
Amazon not shareholder, no say in company affairs: Future Retail tells Delhi High Court
Kishore Biyani-led Future Retail Ltd (FRL) Thursday told the Delhi High Court that Amazon was not its shareholder and has no say in its affairs and the interim order passed by the Singapore International Arbitration Centre (SIAC) was of...
Retail
HC seeks Amazon reply on Future Retail plea to restrain it from interfering in Reliance deal
The Delhi high court on Tuesday sought Amazon's response on a plea by Kishore Biyani led Future Retail Ltd (FRL) alleging that the e-commerce major was interfering in its deal with Reliance Retaion the basis of an interim order...
Retail
Future Retail anticipates liquidation if deal with RIL fails
IANS -
As a Singapore arbitration court has temporarily halted the acquisition process of Future Group's retail business by Reliance Retail, there has been speculation over what happens to Future Retail if the deal does not actually go through.
Future Retail's representative...
Retail
Jeff Bezos, Mukesh Ambani set for long-drawn war over Future Retail
IANS -
As Reliance Industries Ltd (RIL) stepped into the e-commerce space with JioMart, speculations ran rife over two of world's richest individuals up for a confrontation in the market. But RIL's proposed acquisition of Future Group's retail business has just...
Retail
In Bezos vs Ambani battle, focus on disclosures by Amazon
IANS -
In the Jeff Bezos vs Mukesh Ambani battle royale for the Indian retail market, which is now also evolving into a 'videshi vs swadeshi' battle, questions are being raised by corporate watchers.
Eight absolutely unknown facts are emerging in the...
Retail
Deal with RIL in line with Indian laws, not party to agreement with Amazon: Future
IANS -
After a Singapore arbitration court ordered a temporary stay on Reliance Retail's acquisition of the debt laden Future Group's retail business, the latter has said that the deal with Reliance Retail is in consonance with Indian laws.
It further said...
Retail
Future Retail may challenge order stalling deal with RIL
IANS -
Kishore Biyani-led Future Retail on Monday indicated that it may challenge the interim order, wherein a Singapore arbitration court has directed to hold its deal with Reliance Retail Ventures Ltd (RRVL).
In a statement, Future Retail said that all the...
Retail
Future-RRVL deal stalled; RRVL says 'intend to enforce rights & complete transaction'
IANS -
E-commerce major Amazon has got a favourable ruling in Singapore regarding the Reliance Retail's buyout of the debt-laden Future Group as the deal has been temporarily stalled.
Reliance Retail Ventures Ltd in a statement said that it has entered into...
Retail
Jeff Bezos vs Mukesh Ambani: Battle royale for India's retail crown
IANS -
The arbitration proceedings between Amazon and Kishore Biyani have begun in Singapore.
Former Attorney General of Singapore, V.K. Rajah concluded arbitration hearing on Friday, October 16 and will deliver his ruling on or before Monday, October 26, sources said.
Rajah, former...
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