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  • CCI suspends Amazon-Future Coupons deal, slaps Rs 202 crore penalty

    New Delhi: The Competition Commission of India (CCI) on Friday slapped Rs 202 crore penalty on Amazon for providing false information and suppressing material particulars in the deal to acquire a stake in Future Coupons Private Ltd (FPCL). The competition watchdog has also suspended the deal. In 2019, the US-headquartered e-commerce giant Amazon announced the […]
  • Amazon was fully aware of talks with RIL : Future Group CEO

    Biyani said Future Group had approached them several times after its retail business was massively hit after the lockdown and its debt level zoomed.
  • HC declines to injunct Amazon from writing to authorities about SIAC

    Justice Mukta Gupta passed the order on FRL's plea claiming that Amazon writing to authorities about the emergency arbitrator's award amounts to interfering with the Rs 24,713 crore Reliance-Future deal.

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