Page 9 - Amazon

Amazon confirms Samara Cap to invest Rs 7,000 cr in FRL to acquire assets

Amazon has written to independent directors of Future Retail Ltd, confirming that Samara Capital 'remains interested and committed' to invest Rs 7,000 crore for buying all retail assets of company

Willing to accept Amazon's proposal, but under certain conditions: FRL

Future Retail is required to pay its lenders Rs 3,500 crore by January 29, 2022 and it has asked Amazon to confirm its willingness to pay the amount by Monday

FRL independent directors ask Amazon to confirm Rs 3,500-cr infusion by Sat

On January 19, Amazon had written to the independent directors of FRL reiterating its willingness to assist the Mumbai-based company in addressing its financial concerns

Willing to assist FRL, including proposed infusion of Rs 7,000 cr: Amazon

Amazon said it has consistently emphasised its willingness to assist FRL before the arbitral tribunal and Indian courts

Top headlines: HUL Q3 net rises 17%; Ind-Ra sees FY23 GDP growth at 7.6%

Business Standard brings you the top headlines on Thursday

Telenor partners with Amazon to modernise systems, offer services

Norway's Telenor said it had partnered with Amazon Web Services (AWS) to speed up the modernisation of its telecoms systems

Govt agency ties up with Amazon for products by grassroot innovators

Student creativity-based innovative products will be available to millions of customers by virtue of a new partnership between NIFientreC and Amazon India launched on Wednesday.

Amazon not to ban Visa credit cards in UK over 'interchange' fees

Amazon has reversed its earlier decision to ban Visa credit cards over fee issues from January 19.

Amazon's UK site backs away from plan to stop taking Visa credit cards

The online retailer said the change would not be implemented as planned on Wednesday

CAIT urges CCI to block Amazon's deal to acquire 100% stake in Cloudtail

Domestic traders' body CAIT said it has filed a petition before the CCI to block the transaction that has been entered into by Amazon where they will acquire 100 per cent shareholding in Cloudtail.

Future-RIL deal: NCLAT agrees to hear Amazon's appeal against CCI

But the appellate tribunal has refused Amazon interim relief in plea against CCI order on Future deal.

NCLAT to hear Amazon plea challenging CCI order in Future deal on Feb 2

The appellate tribunal has directed the Competition Commission of India and FCPL to file their reply in next 10 days and Amazon to file a rejoinder over it.

Future Coupons deal: NCLAT to hear Amazon's plea against CCI order on Thurs

Amazon's petition is scheduled to be heard by a two-member bench comprising Justice M Venugopal and V P Singh of the Principal bench

Supreme Court reserves verdict on pleas of Future Group firms

The apex court has been hearing pleas including the fresh petition of Future Group against the Delhi High Court's recent order declining its plea for stay on an arbitration tribunal decision refusing

How Amazon-Reliance battle for retail supremacy became a legal jungle

For more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4 billion sale of assets

Amazon moves SC challenging HC stay on arbitration with Future: Report

According to sources familiar with the development, the special leave petition challenging the Delhi High Court order has been filed in the apex court

Top headlines: Amazon moves SC on Future case; Rajnath tests Covid positive

Business Standard beings you top headlines on Monday

Amazon pulls CCI to NCLAT challenging suspension of 2019 Future deal

The US e-commerce giant's legal team is expected to make the argument that there was no misrepresentation of facts and all the information had been clearly mentioned.

Amazon challenges CCI's suspension of 2019 Future deal: Report

Amazon.com Inc has filed a legal challenge at an Indian tribunal against the national antitrust agency's suspension of a 2019 deal with 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