Friday, 19 August, 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

Sir Ganga Ram hospital Consultants, Residents and DNB students hold placards during a protest in New Delhi, on 30 December 2021 | PTI

Distrust of Indian doctors isn’t new. Class-caste bias always ruled medical profession

As a practising doctor, I discovered large question marks on claims of a trustful patient-doctor relationship in the past. The routine dehumanisation of underprivileged patients remains a rarely mentioned topic.
Farmers plant paddy saplings in a field | PTI Photo

Good news from the farm as India’s FY22 foodgrain production estimated at record 316 mn tonnes

Wheat production estimate sees marginal upward revision to 106.8 million tons, though current rate lowest in 3 years.

Defence

Su-57, the Russian 5th generation fighter aircraft Photo by Snehesh Alex Philip

Russia wants to build next generation tanks, submarines with India

As the second regiment of the S-400 Triumf air defence system starts getting delivered, Russia said it expects the serial production of AK 203 rifles in Amethi to begin in late 2022-early 2023.
NI 13.08

Tiranga vs Tiranga: Gloves are off as Kejriwal joins the ‘nationalism’ battle with Modi

Kejriwal’s maun vrat on Modi has ended. This is an important turn in Indian politics. In some ways rivalling the dramatic turn in Bihar.
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