Singapore International Arbitration Centre constitutes panel for final verdict on Amazon-Future case
Techsamvad • 4 years agoThe SIAC arbitration panel will pass the final verdict on whether Future Group can go ahead with its Rs 25,000 crore deal or not.
Future Group - Reliance Retail Deal approved by CCI
Techsamvad • 4 years agoAs deal with Reliance stalls, it’s Future Imperfect for Big Bazaar owner
Ashwin Mohan • 4 years agoAmazon, which cannot itself acquire Future, tries to block the Future-Reliance transaction, putting livelihoods, lenders and vendors at risk.
Amazon may be on the wrong side of India’s FDI rulebook for multi-brand retail on dispute with Future Retail
Gaurav Choudhury • 4 years agoBy persona, as well as operations, Amazon is an e-commerce entity. Rules disallow FDI investors in multi-brand retail to engage in e-commerce activity.
Amazon seeks control of Future Group's assets worth Rs 30,000 crore through investment of Rs 1,431 crore
Fp Staff • 4 years agoAmazon's investment exposure is limited to Rs 1,431 crore in Future Coupons Ltd (FCL) alone. It would be noteworthy to note that Future Group's assets are worth in excess of Rs 30,000 crore
GIC and TPG pick up stake in Mukesh Ambani's Reliance Retail; to invest combined Rs 7,350 cr
Fp Staff • 4 years agoThe investments value Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore. In less than three days, Reliance Industries has entered into five deals to sell stake in RRVL
Reliance Industries' retail arm RRVL to acquire Future Group businesses for Rs 24,713 cr
Fp Staff • 5 years agoThe Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries Ltd will acquire the retail, wholesale, logistics and warehousing businesses of the Future Group on a slump sale basis
Shares of Future group companies zoom after CCI gives nod to Amazon-Future Coupon deal
• 5 years agoFuture Retail surged nearly 18.22 percent to Rs 387.90. After shedding some gains, it was trading 13.61 percent up at Rs 372.75.
Blackstone invests Rs 1,750 cr in Future group; to bring global perspectives to take us to next level, says Kishor Biyani
• 5 years agoLeading global investment firm Blackstone has invested Rs 1,750 crore in Kishore Biyani led Future group firm Future Lifestyle Fashions Ltd (FLFL)
Competition Commission of India questions Amazon's bid to buy stake in Future Retail
• 5 years agoThe CCI sought justification from Amazon which could potentially delay approval of the deal.