The court was hearing a plea by Amazon seeking direction to order enforcement of Singapore arbitrator’s ruling restraining Future Group from going ahead with its deal with Reliance.
In its plea, Amazon alleged wilful disobedience of Singapore arbitrator’s ruling temporarily restraining Future Group from going ahead with sale of its retail operations to Reliance.
The legal spat between two of the world’s richest men – Amazon’s Jeff Bezos & Reliance’s Mukesh Ambani – has also sparked a ‘foreign versus local’ debate.
Biyani’s Future Group is caught in a tussle for India’s consumer retail market, worth nearly $1 trillion, between firms led by two of the world’s richest men.
By seeking to stall Ambani’s purchase of Future, Bezos may be signalling he’d rather remain a rival. Or, he’s buying time to sweeten offer currently on table.
Hearing Amazon’s request for an interim order, an arbitration court in Singapore has put temporary hold on Future Group's $3.4 bn deal to sell assets to Mukesh Ambani’s Reliance.
Amazon had agreed to purchase 49% of one of Future’s unlisted firms last year, with the right to buy into flagship Future Retail Ltd. after a period of between three and 10 years.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Gen Dwivedi framed Op Sindoor not just as retaliation to Pahalgam, but as demonstration of India’s capability to fight multi-domain conflicts with integration between services & agencies.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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