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Amazon

Check out the latest amazon news, updates and stories.

Future Retail Independent Directors Seek Amazon’s Help For INR 3500 Cr Loan Repayment

Future Retail Independent Directors Seek Amazon’s Help For INR 3500 Cr Loan Repayment

The independent directors of Kishore Biyani-led Future Retail…
Future Retail Independent Directors Seek Amazon’s Help For INR 3500 Cr Loan Repayment

Future Retail Independent Directors Seek Amazon’s Help For INR 3500 Cr...

The independent directors of Kishore Biyani-led Future Retail…
The Confederation of All India Traders (CAIT) has filed a petition with the Competition Commission of India (CCI) to block Amazon’s acquisition of Cloudtail, one of the largest sellers on the platform. “Essentially, Amazon holds a 24% stake in Prione as of today. However, by acquiring the shares of Hober Mallow, Amazon and its affiliated entities would have a 100% stake in Prione,” says the petition filed by CAIT.

CAIT Files Petition With CCI Against Amazon Acquisition Of Cloudtail

The Confederation of All India Traders (CAIT) has filed a petition with…
Amazon will counter Future Group’s assertion that it can only choose Reliance Industries (RIL) as an acquirer instead of the American giant due to the extant foreign investment regulations in the country, according to media reports.  According to anonymous sources who spoke to Mint, Amazon plans to show that the Reliance-Future deal already involves foreign money because overseas investors hold a substantial stake in RIL. 

Foreign Funding Make Reliance As Foreign—Amazon To Counter Future’s FD...

Amazon will counter Future Group’s assertion that it can only choose Reliance…
Amazon Vs Future: Amazon Files Fresh Appeal Against CCI’s Suspension Decisions

Amazon Vs Future: Amazon Files Fresh Appeal Against CCI’s Suspension D...

In a fresh development to the ongoing Amazon-Future Retail dispute, the former…
PhonePe, Google Pay Led UPI Txn With Total 85% Market Share In 2021

PhonePe, Google Pay Led UPI Txn With Total 83% Market Share In 2021

Signing off the year at a record high, in December 2021, UPI…
Amazon Vs Future: Delhi HC Temporarily Halts Singapore Arbitration

Amazon Vs Future: Delhi HC Temporarily Halts Singapore Arbitration

In a big blow to Amazon and a major relief to Future…
Future‌ ‌Retail‌ ‌Amazon‌

Future Retail Challenges Delhi HC Order; Seeks Urgent Hearing Against ...

As the fight between Future Group and Amazon seems to be in…
Delhi HC Dismisses Future Group’s Petition To Terminate Amazon’s Arbitration Case

Delhi HC Dismisses Future Group’s Petition To Terminate Amazon’s Arbit...

The Delhi High Court on Tuesday (January 4, 2022) dismissed Future Group’s…
Future Group Writes To Delhi HC To Nullify Amazon’s Case Basis Illegality

Future Group Writes To Delhi HC To Nullify Amazon’s Case Basis Illegal...

Future Retail has written to the Delhi High Court asking the court…
Traders’ Body Contests Amazon’s Proposed Acquisition of Prione

Traders’ Body Contests Amazon’s Proposed Acquisition of Prione

The Confederation of All India Traders (CAIT) has alleged that the proposed…
Amazon Knocks On Delhi HC Door, Seeks Relief From ED’s Probe Into Future Deal

Amazon Knocks On Delhi HC Door, Seeks Relief From ED’s Probe Into Futu...

Days after India’s antitrust watchdog CCI quashed the Amazon-Future Coupons 2019 deal,…
Swadeshi Jagran Manch (SJM) Seeks Ban On Amazon And Flipkart For Anti-Competitive Practices

Amazon India Seeks To Acquire Cloudtail-Parent Prione From Narayana Mu...

US-based ecommerce major Amazon and NR Narayan Murthy’s Catamaran entered into a…