8 334
Fashion Jobs
BENCHMARK SERVICES
Area Sales Manager - Sme Lap With Top Nbfc Company
Permanent · AHMEDABAD
GENIUS CONSULTANTS
Opening For Territory Sales Manager OR Area Business Manager
Permanent · NASHIK
TALISMAN HR SOLUTIONS
Area Sales Manager (Transportation & Logistics Company)
Permanent · AHMEDABAD
AUXIN RECRUITMENT CONSULTANTS
Area Sales Manager | Lap | Hyderabad
Permanent · HYDERABAD
BERGER PAINTS
Area Sales Manager Wood Coating
Permanent · ROHTAK
360 REALTORS
Hiring -Team Leader/ Sales Manager / Relationship Manager| Pune
Permanent · PUNE
LEVI'S
Senior Supply Planner
Permanent · BENGALURU
ADIDAS
Manager -Tech Infrastructure
Permanent · CHENNAI
ADIDAS
Senior Specialist - Finance Operations FP&A
Permanent · CHENNAI
ADIDAS
sr. Manager Merchandising Ecommerce - em Hub
Permanent · GURUGRAM
ADIDAS
sr. Manager- DPC Partner Program
Permanent · GURUGRAM
L'OREAL GROUP
Online Brand Manager
Permanent · MUMBAI
L'OREAL GROUP
Retail And Education Manager - Ysl
Permanent · MUMBAI
JCPENNEY
Senior Manager
Permanent · BENGALURU
DAMYAA PJ FOODS
Area Sales Manager/Regional Sales Manager
Permanent · ROHTAK
ON TIME SOLUTIONS
Branded Fmcg Company Opening For Area Sales Manager in North Kerala
Permanent ·
HECTOR AND STREAK CONSULTING
Sales Engineer / am / Manager - Ups
Permanent · MUMBAI
HDFC LIFE
Hiring For Associate Area Manager-Abp Channel
Permanent ·
STONELAM SURFACES LLP
Area Sales Manager- Project Sales
Permanent · CHENNAI
SHINE
Oracle Functional Consultant - Scm
Permanent ·
SHINE
System Administrator
Permanent ·
SHINE
Information Technology Executive
Permanent ·
By
Reuters
Published
Nov 20, 2020
Download
Download the article
Print
Text size

CCI clears Reliance-Future retail deal despite Amazon's objections

By
Reuters
Published
Nov 20, 2020

India’s antitrust body on Friday cleared oil-to-telecom giant Reliance Industries’ bid to buy Future group’s retail assets even as Amazon.com sought to block the potential deal, alleging contractual violations by the latter.


CCI clears Reliance-Future retail deal despite Amazon's objections - Reuters


The approval by the Competition Commission of India (CCI) is a setback for U.S. giant Amazon, which has argued that a 2019 agreement it inked with Future prevented the Indian group from selling its retail assets to certain parties, including Reliance - led by Asia’s richest man, Mukesh Ambani.

Amazon - an investor in one of Future’s holding companies - last month won an injunction against the deal from an arbitrator in Singapore.

Amazon has also approached the CCI and the country’s market regulator Securities and Exchange Board of India (SEBI), urging them to consider the arbitration order and not approve the deal.

Future Retail, however, said the agreement in question was not with the company, but with the company’s largest shareholder and the arbitration order was not valid in India. It has also taken Amazon to court in an effort to prevent it from sending letters to regulators.

© Thomson Reuters 2024 All rights reserved.