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.
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.
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.
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.
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.
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.
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.
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.
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.