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Amazon scores big win as India court stalls Future’s $3.4 billion retail deal

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Reuters

NEW DELHI (Reuters) -India’s top court on Friday handed Amazon.com Inc a major victory in a case where it has sought to stall its partner Future Group’s $3.4 billion retail assets sale to rival Reliance Industries . The outcome of the tussle involving two of the world’s richest men, Amazon’s Jeff Bezos and Reliance’s Mukesh Ambani, could reshape India’s pandemic-hit shopping sector and decide if Amazon can blunt Reliance’s dominance of the country’s nearly trillion-dollar retail market. Amazon and Future have been locked in legal battles https://www.reuters.com/article/us-amazon-com-india-futu…

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