According to an official, Reliance is diverting some oxygen streams meant for its petroleum coke gasification units after making it suitable for medical use.
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.
In 2020, Indian consumers turned to e-commerce sites for essential items and groceries. But Reliance's push to tighten regulations for Amazon and Flipkart will curb this growth.
The companies are part of four consortia preparing to apply for licenses to operate retail payments and settlement systems, with more firms banding together before a 31 March deadline.
Reliance is splitting its business to make it easier to bring in investors and expedite a proposed 20% stake sale to Saudi Aramco. It expects the separation to be completed by September.
The battle between Amazon and Reliance may set an important legal precedent for investors on whether emergency decisions by foreign arbitrators are valid in India.
Future Retail contended before the court that while it claims so, Amazon is not concerned about the potential closure of shops and loss of livelihood of Future's employees if the deal falls through.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
Long back, once Mukesh Ambani had said that he does not believe in “Cheque Book Charity”, meaning thereby that if anyone wants to see better future, they must invest in Reliance shares and grow wealthy. I am glad that at a critical time, he has changed his mind and is helping. Sitting on a mountain of money does not help anyone.
Long back, once Mukesh Ambani had said that he does not believe in “Cheque Book Charity”, meaning thereby that if anyone wants to see better future, they must invest in Reliance shares and grow wealthy. I am glad that at a critical time, he has changed his mind and is helping. Sitting on a mountain of money does not help anyone.