Dais Newsfeed | 01/11/2020 08:32 PM | Click to read full article
As part of the information sought by the exchanges, Future Retail has disclosed that Amazon has asked for Rs 1,431 crores plus interest as damages, being the amount invested by it into Future Coupons Pvt. Ltd.
An Emergency Arbitrator, constituted under the SIAC Rules, has directed Kishore Biyani’s Future Group to put its transaction with Mukesh Ambani’s Reliance Retail on hold for now. The interim order also directed Future Retail to not file for any regulatory approvals.