NEW DELHI Indian stock exchanges on Wednesday gave the go ahead for Future Group's $3.4 billion deal to sell its retail assets, taking it a step closer toward closing a deal that has soured its ties with its business partner Amazon.com Inc.
NEW DELHI India is considering revising its foreign investment rules for e-commerce, three sources and a government spokesman told Reuters, a move that could compel players, including Amazon.com Inc, to restructure their ties with some major sellers.
* India government spokesman says policy change being
MOHALI, India Dozens of Reliance Industries' retail stores and a giant Walmart outlet face revenue losses of millions of dollars after being forced to shut for more than three months over protests against India's new farm laws, sources said.
NEW DELHI Amazon.com Inc has filed an appeal with an Indian court in an ongoing dispute against local partner Future Group's plan to sell its retail assets to Reliance Industries, a source familiar with the matter told Reuters on Monday.
NEW DELHI An investigation of alleged unlawful practices at Carlsberg India found "potential improper payments" to government officials and other regulatory lapses, its former auditor said in a document seen by Reuters.