Discover and read the best of Twitter Threads about #kishorebiyani
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#KishoreBiyani vs #Amazon ā Delhi High Court brings up ācivil prisonā for violation by Future Group, asks for recall of approvals granted to Future Retail- #Reliance deal
businessinsider.in/business/corpoā¦
By @SanchDash
businessinsider.in/business/corpoā¦
By @SanchDash
@SanchDash Delhi High Court pronounced its order in the Future Retail-Amazon case today. In a big win today for #Amazon, the court upheld the emergency arbitratorās award in favour of the Jeff Bezos-led company.
#KishoreBiyani #FutureGroup #Reliance
#KishoreBiyani #FutureGroup #Reliance
@SanchDash The judgement given by Justice JR Midha said that #FutureRetail, Future Coupons, #KishoreBiyani and others violated the Emergency Award, and also questioned āwhy should they not be detained in prisonā, reported legal news platform Bar & Bench.
#Amazon #Reliance
#Amazon #Reliance
#Breaking: In a big win for #Amazon, Delhi High Court uploads the Emergency Award passed against Future-Reliance deal.
Court rejects #Future Group's argument that Emergency Award is a nulity.
Court imposes costs of Rs 20 lakh on Future, to be deposited with PM Relief Fund.
Court rejects #Future Group's argument that Emergency Award is a nulity.
Court imposes costs of Rs 20 lakh on Future, to be deposited with PM Relief Fund.
Justice JR Midha holds that Future Retail, Future Coupons, Kishore Biyani and others violated the Emergency Award.
Court issues show cause notice to Biyani and others, asks why they should not be detained in civil prison.
#KishoreBiyani
@amazon @fg_buzz
Court issues show cause notice to Biyani and others, asks why they should not be detained in civil prison.
#KishoreBiyani
@amazon @fg_buzz
Court also directs attachment of Kishore Biyani and others.
Court directs filing of affidavit by them detailing assets.
@kishore_biyani
Court directs filing of affidavit by them detailing assets.
@kishore_biyani
#Amazon got an āoperation successful, patient deadā verdict ā ā Lawyers say the Delhi High Court order is actually a win for #KishoreBiyani and #FutureGroup
businessinsider.in/business/news/ā¦
By @SanchDash
businessinsider.in/business/news/ā¦
By @SanchDash
#RelianceIndustries agreed to buy #FutureGroup but Amazon objected. The Jeff Bezos-led company already got an order from a Singapore arbitrator stopping the deal between #MukeshAmbani and #KishoreBiyani from progressing.
In response, #FutureGroup went to the Delhi High Court seeking it to stop the global e-commerce giant from interfering in the deal between. What the court said in its verdict is a case of āoperation successful but patient deadā, said Hitesh Jain, Managing Partner at Parinam Law.
#ICYMI | #KishoreBiyani gives up his retail empire to Mukesh Ambani ā says its now in āstronger handsā
#RelianceRetail acquires #FutureGroup for ā¹25,000 crorein a āslump saleā.
businessinsider.in/retail/news/muā¦
By @SanchDash
#RelianceRetail acquires #FutureGroup for ā¹25,000 crorein a āslump saleā.
businessinsider.in/retail/news/muā¦
By @SanchDash
šMukesh Ambani has bought Kishore Biyaniās Future Retail for ā¹24,713 crore.
With the acquisition, Future Retail, Future Lifestyle Fashions, Future Consumer, Future Supply Chains and Future Market Networks will merge into Future Enterprises Limited (FEL).
With the acquisition, Future Retail, Future Lifestyle Fashions, Future Consumer, Future Supply Chains and Future Market Networks will merge into Future Enterprises Limited (FEL).
š#RelianceRetail will now own all of Future Enterprisesā stores by way of a āslump saleā ā Big Bazaar, fbb, Foodhall, Easyday, Nilgiris, Central and Brand Factory. The deal will also see Reliance take over Futureās logistics and warehouse.
#RelianceRetail acquires Kishore Biyaniās #FutureGroup for ā¹25,000 crore in a āslump saleā
businessinsider.in/retail/news/muā¦
#KishoreBiyani #MukeshAmbani
By @SanchDash
businessinsider.in/retail/news/muā¦
#KishoreBiyani #MukeshAmbani
By @SanchDash
ā”ļøAfter months of wait, the cat is finally out of the bag. #MukeshAmbani has bought #KishoreBiyaniās Future Retail for ā¹24,713 crore.
ā”ļøWith the acquisition, Future Retail, Future Lifestyle Fashions, Future Consumer, Future Supply Chains and Future Market Networks will merge into Future Enterprises Limited (FEL).
