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Future Group is caught in the middle of this tussle between companies helmed by two of the world's richest men
The keenly watched case may set an important legal precedent for investors on whether emergency decisions by foreign arbitrators are valid in India
On Monday, the central bank said it would buy bonds worth Rs 20,000 crore from the secondary markets on Wednesday. Read top news with Business Standard here
Court notes that Future Retail wasn't party to arbitration agreement with Amazon and prima facie "group of companies" doctrine can't be invoked in this case
Glance, which currently provides a feed of entertainment, news, sports and video game oncent on mobile phone lock screens, has already garnered over 125 million users
Two recent steps, both by the original posterboy of e-commerce, Flipkart, make it clear that we've come full circle on grocery
The pandemic has prompted the e-commerce giant to double down on building innovations focused on improving remote work culture especially employee wellbeing, both mental and physical
This week, the Delhi High Court directed Biyani's flagship company to maintain the status quo on its Rs 24,713-crore deal to sell his business to Reliance
They believe the best way forward is for Amazon and Future to negotiate with each other on how to ensure that Future group companies do not end up in bankruptcy courts
Earlier, Future Retail Limited lawyer had argued that the retail firm may go bust and thousands may lose jobs if the Future-Reliance deal does not go through
The Delhi High Court is hearing the appeal filed by Future Retail Limited (FRL) against the Court's order passed earlier this week
Kishore Biyani-led Future Retail Ltd (FRL) on Thursday told the Delhi High Court that Amazon was opposing the Rs 24,713 crore deal with Reliance as the Mukesh Ambani company was a competitor
His loyal lieutenant will take Amazon's helm as the company faces ever-growing scrutiny
Amazon - named after the world's largest river - continually took shopping convenience to newer levels
"This technology will provide drivers real-time alerts to help them stay safe when they are on the road," the statement added
Amazon founder will now be executive chairman and hand over CEO role to Jassy later this year
Jassy has led AWS since before the launch of its first major services in 2006
Under Bezos's leadership, Amazon identified India as a strategic market as early as 2013
(Reuters) - The S&P 500 and the Nasdaq opened higher on Wednesday after strong quarterly showing from heavyweights Alphabet and Amazon, while investors counted on more fiscal stimulus to aid an economic recovery.