Billionaire Kumar Mangalam Birla's retail business will issue preference shares to Flipkart, giving it a 7.8 per cent stake, Aditya Birla Fashion said in a stock exchange filing
Hearing of the arbitration took place at the Singapore International Arbitration Centre after Amazon had slapped a legal notice on Future Group, alleging that the retailer's Rs 24,713 cr asset sale to RIL violated an agreement