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Monday, November 2, 2020

Future Retail says Amazon dispute order not binding on company

India's Future Retail Ltd (FRL) said that a Singapore arbitrator's order in its dispute with Amazon.com Inc is not enforceable under Indian law and not binding on the company. Amazon last week won an injunction from the arbitrator to halt Future Retail's deal to sell its retail assets to Reliance Industries for $3.4 billion

from Gadgets Now https://ift.tt/34NYCJC
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