Amazon opposing deal as Reliance is competitor: Future Retail to HC
Image Credit: shortpedia
Kishore Biyani-led Future Retail Ltd (FRL) on Thursday told the Delhi High Court that Amazon was opposing the Rs 24,713 crore deal with Reliance as the Mukesh Ambani company was a competitor, a contention denied by the US-based e-commerce giant which said it was interested in salvaging FRL. Amazon has also contended that the appeal, by FRL against the February 2 order of the single judge, was not maintainable.