German chauffeur service Blacklane has acquired a majority stake in Jaguar Land Rover-backed Havn, a premium all-electric cab service in London, for an undisclosed sum to speed up the electrification of its private hire...
Consequences of delaying the Future-Reliance deal will be “far greater”, says Future Retail
Future Retail on Thursday told the Delhi High Court that the consequences of putting on hold the deal to sell its retail assets to Reliance Retail will be “far greater”. “The ad-interim order passed by...
Future moves HC against order to maintain status quo on Reliance deal
Kishore Biyani-led Future Retail moved the Delhi High Court on Wednesday against its single judge order directing the company to maintain status quo on its Rs 24,713 crore deal with Reliance Retail, which has been...
Sebi ban may not affect RIL deal
The ban on Kishore Biyani and others from dealing in the securities market or shares of Future Retail Ltd may not affect Future Group’s ongoing sale of retail assets to Reliance Industries Ltd, legal experts said. In...
FRL to explore legal recourse after Delhi HC directs status quo in Future-Reliance deal
Future Retail Ltd (FRL) on Tuesday said it will explore all legal remedies to pursue its Rs 24,713-crore deal with RIL following a Delhi High Court order directing status quo to be maintained till the court pronounces...
HC directs Future Retail to maintain status quo on deal with Reliance
The Delhi High Court put on hold the deal to sell Future Group’s retail assets to Reliance Retail and also stated that the emergency award passed by the Singapore International Arbitration Centre (SIAC) is enforceable...
Delhi HC asks Amazon, Future Retail to talk it out and find common ground
The Delhi High Court on Monday asked Amazon and Future Retail to consider negotiations and settlement while hearing the American behemoth’s plea seeking the enforcement of the Emergency Award restraining Future Group...
JD Sports expands U.S. footprint with $495 million DTLR Villa purchase
JD Sports Fashion said on Monday it would buy Baltimore-based DTLR Villa LLC for $495 million as Britain’s biggest sportswear retailer further expands its presence in the United States market, sending its shares about...
India’s Future likens Amazon’s bid to stall retail deal to ‘ruthless’ Alexander the Great
Amazon.com Inc’s bid to stall Future Group’s $3.4 billion retail assets sale is similar to Alexander the Great’s “ruthless ambition to scorch the earth”, the Indian group’s CEO Kishore Biyani said in an internal staff...
ASOS close to deal to buy Topshop, Miss Selfridge for $411 million
British online fashion retailer ASOS is on the verge of a deal to buy Topshop and Miss Selfridge from the administrators of British tycoon Philip Green’s Arcadia Group for almost 300 million pounds ($411 million), Sky...
HC denies interim relief to Amazon in Future-Reliance case
The Delhi High Court on Friday refused to grant any interim relief as pleaded by Amazon to prevent Future Retail from seeking further regulatory clearances for the proposed sale of its assets to Reliance Retail. Justice...
Amazon urges HC to enforce arbitration award staying Future-Reliance deal
Amazon on Thursday urged the Delhi High Court to enforce an Emergency Arbitrator award under the Singapore International Arbitration Centre restraining Future Group from going ahead with the deal to sell its retail...
