Willing to assist FRL, including proposed infusion of Rs 7,000 cr: Amazon

Amazon said it has consistently emphasised its willingness to assist FRL before the arbitral tribunal and Indian courts

US e-commerce giant Amazon has written to the independent directors of Future Retail (FRL), including Gagan Singh, Ravindra Dhariwal, and Jacob Mathew, reiterating its willingness and ability to assist FRL in addressing any financial concerns, within the framework of the agreements. This includes the solution proposed in the term sheet between Samara Capital, and FRL, which contemplated an infusion of Rs 7,000 crore in FRL.

The letter has also been sent to the top executives at Union Bank of India, Bank of India, State Bank of India, Bank of Baroda, Central Bank of India, Punjab National Bank, UCO Bank, and Indian