Saturday, 29 January, 2022
TopicFuture-Reliance deal

Topic: Future-Reliance deal

Amazon moves SC to appeal stay on arbitration against Future-Reliance deal

New Delhi: Amazon.com Inc.’s Indian unit petitioned the country’s Supreme Court against a halt on an arbitration case against Future Retail Ltd.’s asset sale...

Future seeks early hearing of appeal in SC against HC order preventing deal with Reliance

Amazon and Future have been locked in a bitter legal tussle after the US e-commerce giant dragged Future Group to arbitration at Singapore International Arbitration Centre last year.

SC reserves verdict on Amazon’s pleas against Future Retail-Reliance deal

Amazon has sought in the Supreme Court that Singapore’s Emergency Arbitrator award that restrained Future Retail from going ahead with the merger was valid & enforceable.

Singapore EA award in Future-Reliance deal valid, needs to be executed, Amazon tells SC

Amazon said the Singapore EA award was enforceable and the single-judge bench of the Delhi HC rightly gave an interim order in its favour granting a stay on the ongoing amalgamation.

Delhi HC stays order restraining Future Group to go ahead with Reliance deal

A division bench of Chief Justice D N Patel and Justice Jasmeet Singh also issued notice to Amazon on Future Group's appeal challenging the 18 March judgment on the deal.

Delhi HC stays its own direction to maintain status quo on Future-Reliance deal

HC bench said statutory authorities like National Company Law Tribunal, CCI & SEBI can't be restrained from proceeding in accordance with law with regard to the deal.

On Camera

YourTurn

Padma Awards 2022 brought back controversies, politics and the question of its relevance

Buddhadeb Bhattacharya declined Padma Bhushan and Ghulam Nabi Azad drew jibes from Congress leaders for accepting the award from Modi govt. But such controversies are not new.
V. Anantha Nageswaran

Who is V Anantha Nageswaran, new chief economic advisor? IIM-A grad, academic, PM’s ex-advisor

Nageswaran, who has taught at various B-schools in India and Singapore, takes charge days before the tabling of the Economic Survey and the Union Budget.

Defence

Representational image of Indian Navy ships | Photo: Commons

India carrying out more warship patrols than ever to catch China in crowded global seas

Estimated 125 foreign naval vessels are in the Indian Ocean at any given time, roughly 3 times the number deployed in the wake of the 9/11 attacks when the US invaded Afghanistan.

Let them eat communalism: Yogi’s poll pitch may work but heartland’s jobless fury endangers India

While UP’s unemployed are angry, Yogi’s call for a choice between Jinnah and Sardar Patel, more than seven decades after they both died, is the new ‘let them eat cake’.
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