Nazara Technologies on Thursday announced that its unit NODWIN Gaming has acquired 100% stake in licensed merchandising D2C company Planet Superheroes. Shares of Nazara Tech were trading over 2% higher at ₹2,360 apiece...
Future Coupons deal: NCLAT to hear Amazon’s plea against CCI order today
Consumers have started to load their pantries with essentials to avoid stepping out frequently amid a spike in Covid-19 infections and state-level curbs, boosting their sales through both kiranas and ecommerce by up to...
Coffee Day Enterprises promoted Sical Logistics received four firm bids under insolvency proceedings
Lenders of Sical Logistics Ltd, a subsidiary of listed Coffee Day Enterprises, received four firm bids of which Ambey Mining and Pristine Malva Logistics have separately made the highest offer, said people aware of the...
Supreme Court reserves verdict on pleas of Future group companies
The Supreme Court on Tuesday reserved verdict on a batch of pleas filed by Future group firms against a Delhi High Court order declining stay on an arbitration tribunal decision refusing to interfere with the Emergency...
Amazon moves NCLAT against CCI order suspending deal with Future
Amazon has filed an appeal against the Competition Commission of India’s suspension of its deal with Future Group at the National Company Law Appellate Tribunal (NCLAT). The US ecommerce retailer also filed a...
Amazon-Future dispute: HC stays SIAC proceedings
A division bench of the Delhi High Court Wednesday stayed proceedings in an ongoing Singapore arbitration case between Amazon and Future Group, quashing a single judge’s ruling from the day before that declined to...
HC rejects Future Group’s petitions on Amazon arbitration
The Delhi High Court dismissed two petitions by Future Group seeking that a Singapore tribunal be directed to hear its plea on terminating the arbitration initiated by Amazon, ahead of final proceedings scheduled this...
Mensa buys leather firm Estalon as 15th brand
Brands aggregator Mensa Brands has acquired Kolkata-based leather goods maker, Estalon, for an undisclosed amount, the company said in a statement on Tuesday. The acquisition marks Mensa Brands’ foray into the growing...
Future Retail asks court to declare arbitration with Amazon illegal
India’s Future Retail has asked a New Delhi court to declare ongoing arbitration proceedings with Amazon.com illegal, saying the country’s antitrust agency had suspended a 2019 deal, which Amazon used to...
Delhi high court to rule on Future Group’s plea today
The Delhi high court will rule on Tuesday on the Future Group’s petition seeking to quash the arbitration proceedings initiated by Amazon in Singapore. In its petition filed on Monday, Future Coupons asked the high...
Fanatics buys Topps trading card business for $500 million
U.S. sports merchandise retailer Fanatics has acquired the trading cards and collectibles business from Topps for about $500 million, as it looks to expand, according to a person familiar with the matter. The deal gives...
RIL arm to invest ₹300 cr in robotics co
Reliance Retail Ventures Ltd, the retail unit of Reliance Industries Ltd, is likely to acquire a minority stake in warehouse robotics company Addverb Technologies Pvt. Ltd for around ₹300 crore, two people familiar with...
