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Page 7 - Future Group

HC stay on Amazon-Future arbitration has created conflict of laws: Experts

They add that defeats the sole crux of the contractual arrangement and may dissuade foreign companies from entering Indian market

HC stay on Amazon-Future arbitration has created conflict of laws: Experts
Updated On : 07 Jan 2022 | 1:16 AM IST

Future Group stocks bounce back; rally as much as 5.5% at close of trade

Shares of Future Group of companies bounced back and settled with as much as 5.5 per cent gains on Thursday, a day after the Delhi High Court stayed the Amazon-Future arbitration.

Future Group stocks bounce back; rally as much as 5.5% at close of trade
Updated On : 06 Jan 2022 | 6:39 PM IST

Future Group shares jump after court halts arbitration with Amazon

Shares in Future Group companies jumped on Thursday, a day after an Indian court halted arbitration proceedings between the conglomerate and estranged partner Amazon.com Inc.

Future Group shares jump after court halts arbitration with Amazon
Updated On : 06 Jan 2022 | 11:36 AM IST

SIAC terminates Jan 5-8 arbitration proceedings in Amazon-Future dispute

The tribunal is adjudicating Amazon's objections to Future Retail's Rs 24,500-crore deal with Reliance

SIAC terminates Jan 5-8 arbitration proceedings in Amazon-Future dispute
Updated On : 06 Jan 2022 | 2:28 AM IST

Delhi HC stays SIAC arbitration proceedings in Amazon-Future case

Court stays Tuesday's single-judge order dismissing Future Group's petition

Delhi HC stays SIAC arbitration proceedings in Amazon-Future case
Updated On : 06 Jan 2022 | 2:08 AM IST

Market wrap: Sensex rallies 367 pts, ends above 60,000; Nifty holds 17,900

Thermax surges 7% on Rs 546-cr order; Talbros Automotive zooms 27% in 2 days as Vijay Kedia increases stake; Future Retail falls 6% as Delhi High Court rejects plea to dismiss Amazon arbitration

Market wrap: Sensex rallies 367 pts, ends above 60,000; Nifty holds 17,900
Updated On : 05 Jan 2022 | 7:10 PM IST

Delhi HC puts on hold arbitration proceedings between Amazon and Future

Division bench of Delhi HC stays proceedings of arbitral tribunal till next date of hearing; also stays order of the single judge of Delhi HC.

Delhi HC puts on hold arbitration proceedings between Amazon and Future
Updated On : 05 Jan 2022 | 6:15 PM IST

Top headlines: Delhi HC relief for Future; NCLAT setback for Twin Star

Business Standard brings you the top headlines on Wednesday

Top headlines: Delhi HC relief for Future; NCLAT setback for Twin Star
Updated On : 05 Jan 2022 | 5:46 PM IST

Future Group shares fall after court decision on Amazon arbitration appeal

Shares in Future Group companies fell on Wednesday, a day after an Indian court dismissed Future Retail's appeal to declare arbitration proceedings with Amazon.com Inc as illegal.

Future Group shares fall after court decision on Amazon arbitration appeal
Updated On : 05 Jan 2022 | 1:28 PM IST

Setback for Future as Delhi HC rejects pleas to quash Amazon arbitration

Dismisses its plea seeking a direction to SIAC to decide on its application

Setback for Future as Delhi HC rejects pleas to quash Amazon arbitration
Updated On : 05 Jan 2022 | 1:23 AM IST

Top headlines: HC setback for Future Group; 5,481 new Covid cases in Delhi

Business Standard brings you the top headlines on Tuesday

Top headlines: HC setback for Future Group; 5,481 new Covid cases in Delhi
Updated On : 04 Jan 2022 | 5:40 PM IST

Delhi HC rejects Future's plea for termination of Amazon arbitration

Amazon and Future have been locked in a bitter legal tussle after the US e-commerce giant dragged Future Group to arbitration at the Singapore International Arbitration Centre in Oct 2020

Delhi HC rejects Future's plea for termination of Amazon arbitration
Updated On : 04 Jan 2022 | 5:17 PM IST
Updated On : 04 Jan 2022 | 1:10 AM IST

Amazon sues ED seeking to quash probe of 2019 investment into Future Group

Amazon moves Delhi HC, objects to ED asking for disclosure of legally privileged documents. Multiple Amazon executives had been summoned and the probe has caused 'unnecessary harassment', it says

Amazon sues ED seeking to quash probe of 2019 investment into Future Group
Updated On : 23 Dec 2021 | 12:40 AM IST

Sensex sheds 1,190pts, Nifty ends near 16,600; financials, Tata Steel tank

The NSE index has now declined nearly 11 per cent from its all-time in the last two months; Midcap and Smallcap indices were down over 3 per cent each

Sensex sheds 1,190pts, Nifty ends near 16,600; financials, Tata Steel tank
Updated On : 20 Dec 2021 | 3:48 PM IST

Sellers welcome CCI's suspension of 2019 Amazon-Future deal

Indian Sellers Collective (ISC) on Monday welcomed the Competition Commission of India's (CCI) order to suspend its approval for Amazon's deal with the Future Group signed in 2019, while seeking speedy resolution of pending cases against the multinational e-commerce platform and related parties. ISC, which claims to be an umbrella body bringing together trade associations and representative bodies of Indian sellers across the country, said the CCI's reversal "validates the double standards being practiced by foreign retailers". It exposed "how Amazon has been operating with double standards posing as a transaction platform while acting as a retailer in reality with the intent to control the country's retail market, it urges regulators to expedite all other pending cases against the company and its related parties", ISC said in a statement. ISC Member & National Coordinator Abhay Raj Mishra said CCI's reversal of order "reposes the faith in regulators against malpractices". "The ..

Sellers welcome CCI's suspension of 2019 Amazon-Future deal
Updated On : 20 Dec 2021 | 2:23 PM IST

Future Group stocks rally 20% after CCI suspends Amazon deal

Future Retail (Rs 57.50) and Future Supply Chain Solutions (Rs 80.75), Future Lifestyle Fashions (Rs 59.20), Future Enterprises (Rs 11.61) and Future Consumer (Rs 8.19) rallied 20% on the BSE

Future Group stocks rally 20% after CCI suspends Amazon deal
Updated On : 20 Dec 2021 | 9:43 AM IST

CCI suspends Amazon deal with Future, fines US giant Rs 200 crore

Says Amazon made false and incorrect statements while seeking approvals

CCI suspends Amazon deal with Future, fines US giant Rs 200 crore
Updated On : 17 Dec 2021 | 11:44 PM IST

CCI suspends Amazon's 2019 deal with Future, imposes Rs 202-cr penalty

CCI says Amazon provided 'false and incorrect information' and said it suppressed 'material facts' of 2019 Future deal; asks Amazon to again file detailed Form II within a period of 60 days

CCI suspends Amazon's 2019 deal with Future, imposes Rs 202-cr penalty
Updated On : 17 Dec 2021 | 7:46 PM IST

Revoking 2019 Future deal would boost Reliance: Amazon warns CCI

Amazon says sentiment will be hit if its 2019 deal with Future gets revoked by the anti-trust body and would send a negative signal to foreign investors

Revoking 2019 Future deal would boost Reliance: Amazon warns CCI
Updated On : 14 Dec 2021 | 8:41 PM IST