Page 7 - Future Retail

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

Future Retail's stock surges 20% on CCI order for Amazon

Future Retail's scrip jumped to a high of Rs 57.50 as against the previous close of Rs 47.95 on the National Stock Exchange

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

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

Amazon may take legal action against CCI order suspending deal with Future

Anti-trust regulator has ruled the US company had suppressed information while seeking approval on an investment into Indian retailer two years ago.

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

Says Amazon made false and incorrect statements while seeking approvals

LIVE: West Bengal govt extends existing Covid restrictions up to Jan 15

Restrictions related to the movement of people and vehicles between 11 pm and 5 am shall be relaxed for Christmas and New Year celebrations

Covid LIVE: Made template for new vaccine against Omicron, says Pfizer CEO

'If there's a need for a new vaccine, we'll make almost 4 billion doses of the new vaccine next year' says Pfizer CEO

Amazon asks CCI to revoke $3.4-billion Future-RIL deal approval

The e-commerce firm has said the CCI Approval for the Impugned Transaction was "illegally obtained" and is a nullity in the eyes of law

CCI won't be intimidated by the arrogance of Amazon, says Future Retail

Company says US e-com major showed disregard to Indian law by walking out of CCI proceedings

ED summons Amazon to probe Future Coupons investment, says report

Amazon, which is trying to block Asia's richest man Ambani from taking over the struggling Future retail chain, alleged last week that money from the local firm may have been diverted to other firms

Amazon alleges Rs 7,000 cr diverted from Future Retail

The US giant marked a copy of its letter to the finance minister, RBI governor, Sebi and other authorities, seeking an investigation

LIVE: Belgium detects first case of new Covid variant in Europe

The person developed the first symptoms on Nov 22

Amazon asks Sebi to withdraw $3.4-bn Future-RIL deal approval

Amazon is now fighting a legal battle with FRL to stop the Kishore Biyani-led retailer's $3.4 billion deal with RIL

Future Retail guilty of financial irregularities, says Amazon

Amazon is fighting a legal battle with FRL to stop the Kishore Biyani-led retailer's $3.4 billion deal with Reliance Industries Limited (RIL)

Amazon's letter is nothing but an afterthought, says Future group

The spokesperson said all related-party transactions and records of fund utilisation were on record and part of the public disclosures made by the company as part of standard governance practices

Amazon writes to FRL independent directors alleging financial anomalies

The CCI will meet Amazon and Future Coupons Pvt Ltd (FCPL) representatives in January next year in connection with the matter

Amazon seeks to pause antitrust review of 2019 deal with India's Future

The Competition Commission of India (CCI) in June accused Amazon of concealing facts and making false submissions.

Future Retail employees urge SC to clear sale to Reliance in Amazon dispute

Future has failed to close its $3.4 billion deal to sell its retail assets to market leader Reliance Industries due to successful legal challenges by Amazon

LIVE: ED chief gets one-year tenure extension till November 18, 2022

This, days after the Centre brought ordinances to allow ED and CBI directors to occupy the office up to five years