Amazon Gets Interim Relief As Future-Reliance Deal Put On Hold

এনডিটিভি (ভারত) প্রকাশিত: ২৬ অক্টোবর ২০২০, ০৯:২২

US-based e-ecommerce major Amazon.com won an interim award against its partner Future Group on Sunday, as a Singapore-based single-judge arbitration court restrained Future Retail from selling its retail business to Reliance Industries for Rs 24,713 crore. The indebted Kishore Biyani group company had earlier signed a pact to sell its retail, wholesale, logistics and warehousing units to billionaire Mukesh Ambani's Reliance Industries, through its subsidiary Reliance Retail Ventures. Reliance Retail said Reliance Retail "intends to enforce its rights and complete the transaction" without any delay.
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