Amazon wins Supreme Court case restraining merger between Future and Reliance ET Online Last Updated: Aug 06, 2021, 10:51 AM

 

The Supreme Court has upheld e-commerce giant Amazon's plea against the Rs 24,731-crore merger of Future Retail Ltd (FRL) with Reliance Retail.

The top Court said that the order by a Singapore arbitrator in October - that put the deal on hold after finding merit in Amazon's objections - was valid.

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