The Supreme Court on Wednesday ordered resumption of arbitral proceedings before the SIAC tribunal over Future Retail’s merger deal to the tune of Rs 24,500 crore with Reliance Retail Ltd. A bench comprising Chief...
Supreme Court asks Delhi HC bench to hear Amazon plea
The Supreme Court on Monday asked the Delhi High Court judge who is hearing a bunch of petitions and counterpetitions filed by Amazon and the Future Group against each other, to also hear the US ecommerce firm’s...
Raymond plans to sell ColorPlus and Park Avenue
Raymond is looking to sell its apparel retailing brands of ColorPlus and Park Avenue businesses, two persons familiar with the development said. Raymond has held talks with Denmark-based retail group Bestseller to sell...
HC: NCLT can be allowed to continue with Future asset sale proceedings
The Delhi High Court said on Wednesday it could allow the National Company Law Tribunal (NCLT) to continue with its proceedings in Future Retail’s application seeking approval for the scheme of arrangements to...
Vedanta, Jindal Power among investors interested in buying Srei firms
Vedanta Ltd, Jindal Power and half-a-dozen asset reconstruction companies have submitted expressions of interest for participating in the corporate insolvency resolution of the non-bank lenders Srei Infrastructure...
Delhi HC adjourns Amazon-Future case to Monday
The Delhi High Court will on Monday continue hearing arguments in an 18-month-long dispute between Amazon and Future Group. On Thursday, lawyers from the two sides argued for more than two hours in a post-lunch session...
Amazon vs Future: SC sets aside HC orders, asks for fresh decision on merit
The Supreme Court Tuesday set aside three Delhi High Court orders including the refusal to grant a stay on the final arbitral award which had restrained Future Retail Ltd from going ahead with its Rs 24,731 crore merger...
Amazon-Future case; SC to pronounce verdict on pleas of Future group firms
The Supreme Court is scheduled to pronounce on Tuesday the 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...
Social investment platform StockGro raises $32 mn led by BITKRAFT Ventures, General Catalyst, others
Assetgro Fintech Pvt Ltd, the operator of social investment platform StockGro, has raised $32 million (around ₹240 crore) in a Series A round led by BITKRAFT Ventures, General Catalyst, and Itai Tsiddon, the co-founder...
DAZN nears deal to buy BT Sport for an estimated $800 mln – sources
Sports streaming service DAZN is nearing a deal to acquire Britain’s BT Sport in an estimated $800 million transaction that will give it access to sought-after rights to the English Premier League and UEFA...
NCLAT disposes of DoT petition against Videocon resolution plan
The National Company Law Appellate Tribunal (NCLAT) on Tuesday disposed of a petition filed by the Department of Telecommunications challenging the Rs 2,962-crore takeover bid by Anil Agarwal’s Twin Star...
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...