Photo: India Legal

Supreme Court Issues Notices To Future Retail, RIL On Amazon's Plea

The Supreme Court on February 22 issued notices to Future Retail and RIL against their Rs 24,713-crore deal, which was objected by Amazon. Giving notices, the apex court stayed a Delhi High Court order that gave a green signal to the deal. The Supreme Court has asked Future Retail and RIL to file their replies within three weeks. Earlier, Amazon objected to the deal on the ground that it holds 49% stake in Future Retail.

Mon, 22 Feb 2021 - 04:14 PM / by Ronit John

Tags: RIL, Future group., Supreme Court of India, Amazon, Kishore Biyani, Reliance

Courtesy: The Economic Times