Top headlines: HC puts Future-RIL deal on hold; Govt may sell stake in RVNL

From Delhi High Court putting Future-Reliance deal on hold to Jio, Airtel, Voda Idea making Rs 21,916 crore upfront payments for spectrum, here are top headlines this morning

In relief for Amazon, Delhi HC puts Future-Reliance deal on hold

In a win for e-commerce firm Amazon, the Delhi High Court on Thursday upheld the Emergency Award passed against the $3.4-billion Future-Reliance deal. The order, passed by a single-judge Bench of Justice J R Midha, will restrain Future Retail from going ahead with the deal. The court also imposed a penalty of Rs 20 lakh on Future and the money will go to the Prime Minister's Relief Fund. The court held that Future Retail, Future Coupons (the promoter entity of Future Retail), founder and owner Kishore Biyani and others