Edition:
International

Abhirup Roy

Amazon asks India antitrust body to revoke Reliance-Future deal approval

4:27am EST

NEW DELHI Amazon has asked India's antitrust regulator to revoke its approval for Future Retail's $3.4 billion sale of retail assets to Reliance, saying it was "illegally obtained", violating an order suspending the deal, a letter seen by Reuters shows.

Employees of India's Future Retail urge top court to clear asset sale in Amazon dispute

Nov 23 2021

NEW DELHI Employees of India's Future Retail have asked the Supreme Court to allow the company to sell its retail assets and rule against Amazon.com Inc in an ongoing dispute, citing risks to 27,000 jobs, according to a legal filing seen by Reuters.

Employees of India's Future Retail urge top court to clear asset sale in Amazon dispute

Nov 23 2021

NEW DELHI, Nov 23 Employees of India's Future Retail have asked the Supreme Court to allow the company to sell its retail assets and rule against Amazon.com Inc in an ongoing dispute, citing risks to 27,000 jobs, according to a legal filing seen by Reuters.

Princes to paupers: India's salesmen face ruin as tycoon Ambani targets mom-and-pop stores

Nov 22 2021

SANGLI, India For eight straight days, household goods salesman Vipresh Shah has failed to sell a single pack of Dettol soap to the storekeepers who have been buying from him ever since he took over his family business as a teenager, 14 years ago.

Skies darken for Indian IPOs after Paytm's diappointing debut

Nov 19 2021

MUMBAI Paytm's dismal stock market debut this week is likely to put a damper on future offerings after the IPO of the digital payments firm ranked among the worst-performing in Indian history, six analysts and bankers said on Friday.

India court orders antitrust body to rule on Amazon-Future dispute within two weeks

Nov 16 2021

NEW DELHI An Indian court ruled on Tuesday that the country's antitrust body has two weeks to decide whether Amazon misled authorities while seeking approval for a 2019 deal with India's Future Group, a group of Indian retailers said.

India police to question Amazon executives in probe over marijuana smuggling

Nov 15 2021

LUCKNOW, India Police in India's Madhya Pradesh state have summoned Amazon.com Inc's local executives as it investigates a case where the e-commerce platform was allegedly used for smuggling marijuana, a police official said on Monday.

India's Future discloses new documents to bolster case against Amazon deal

Nov 14 2021

NEW DELHI Independent directors at India's Future Retail have disclosed new documents in a letter to the country's antitrust watchdog aiming to bolster their case against Amazon.com Inc as they seek to revoke a 2019 deal between the two companies.

Exclusive-India's price-fixing probe of global seed firms sparked by carrot farmers

Nov 02 2021

NEW DELHI An Indian antitrust investigation into suspected price collusion by some prominent global agricultural firms was triggered by farmers who complained about excessive pricing of imported carrot seeds, documents seen by Reuters showed.

World News