Amazon Warns Future Retail against Holding Meetings to Approve Reliance Asset Sales
Amazon has warned Future Retail Ltd (FRL) against the latter holding a meeting next week with its shareholders (April 20) and secured/unsecured creditors (April 21) to approve the deal of its $3.4bn asset sale to Reliance Retail. In February 2022, the National Company...
Future Retail, Amazon Plan Out-of-Court Settlement Talks
Future Retail and Amazon’s lawyers have agreed to initiate talks for an out-of-court settlement to break the impasse regarding the sale of the troubled Indian retailer to Reliance Retail. With the dispute being adjourned in court for 10 days, the chief justice...
Amazon, Reliance to Battle over Multi-Billion Dollar IPL Media Rights
Amazon and Reliance are said to now battle regarding media telecast rights for the famous Indian Premier League (IPL). According to Reuters sources, both companies are expected to take on India units of Sony Group and Walt Disney Co for exclusive five-year TV and...
