TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Team B in the Making: TVK, a Trojan Horse for DMK in the 2026 Tamil Nadu Elections?

    Team B in the Making: TVK, a Trojan Horse for DMK in the 2026 Tamil Nadu Elections?

    PM Modi Receives Trinidad's Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    PM Modi Receives Trinidad’s Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    Nihalani vs Ektaa Kapoor

    Pahlaj Nihalani Criticizes Ektaa Kapoor’s TV Shows for Undermining Indian Cultural Values

    From Port of Spain to Patna: Modi’s Cultural Diplomacy Sets Political Tone Ahead of Bihar Elections

    From Port of Spain to Patna: Modi’s Cultural Diplomacy Sets Political Tone Ahead of Bihar Elections

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India’s Forex Reserves Surge Past $700 Billion

    India’s Forex Reserves Surge Past $700 Billion, Close to All-Time Record

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Improving Communication and Collaboration in Distributed Teams: Strategies for Indian Business Analysts

    Improving Communication and Collaboration in Distributed Teams: Strategies for Indian Business Analysts

    Why Every Modern Retail Shop Needs Reliable Billing Software Today

    Why Every Modern Retail Shop Needs Reliable Billing Software Today

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Major Arms Seizure in Manipur Hill Districts

    Amid Ongoing Tensions, Security Operation Yields Major Arms Seizure in Manipur Hill Districts

    military reveals china-pakistan-turkey nexus during operation sindoor

    One Border, Three Adversaries: Indian Army Blasts China-Pakistan-Turkey Axis in Operation Sindoor

    INS Tamal marks the end of import of Indian Warships

    INS Tamal Marks End of Warship Imports as India Sets Sail on Atmanirbhar Bharat Path

    UK’s 5th-Gen F-35B Jet Grounded in Kerala Set to Be Airlifted After Weeks of Uncertainty

    UK’s 5th-Gen F-35B Jet Grounded in Kerala Set to Be Airlifted After Weeks of Uncertainty

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    PM Modi Receives Trinidad's Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    PM Modi Receives Trinidad’s Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    when gandhi's statue was removed in ghana

    When Mahatma Gandhi’s Statue Was Removed in Ghana for Being ‘Racist’

    Empower the Global South: PM Modi

    Time to Reshape Global Governance, Empower the Global South: PM Modi

    India Counters China on Dalai Lama Issue, Ministers to Attend Birthday Event

    India Counters China on Dalai Lama Issue, Ministers to Attend Birthday Event

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    The Beginning of Devotion: History of the First Kanwar Yatra

    The Beginning of Devotion: History of the First Kanwar Yatra 

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    char dham yatra suspended due to bad weather

    Uttarakhand Suspends Char Dham Yatra Due to Adverse Weather, Prioritizes Pilgrim Safety

    Sanatan Mahakumbh Event Scheduled at Patna’s Gandhi Maidan

    Sanatan Mahakumbh Event Scheduled at Patna’s Gandhi Maidan on July 6

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    India's Tour of Bangladesh Likely Postponed Amid Political Unrest

    India’s Tour of Bangladesh Likely Postponed Amid Political Unrest

    What Is The Best Way To Bet On Tennis?

    What Is The Best Way To Bet On Tennis?

    Pakistan Hockey Team Set to Visit India for Asia Cup 2025: First Time Since Operation Sindoor

    First Time Since Operation Sindoor ; Pakistan Hockey Team Set to Visit India for Asia Cup 2025

    Health Experts Reaffirm Covid Vaccine Safety

    Health Experts Reaffirm Covid Vaccine Safety Amid Concerns Over Sudden Cardiac Deaths

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Team B in the Making: TVK, a Trojan Horse for DMK in the 2026 Tamil Nadu Elections?

    Team B in the Making: TVK, a Trojan Horse for DMK in the 2026 Tamil Nadu Elections?

    PM Modi Receives Trinidad's Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    PM Modi Receives Trinidad’s Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    Nihalani vs Ektaa Kapoor

    Pahlaj Nihalani Criticizes Ektaa Kapoor’s TV Shows for Undermining Indian Cultural Values

    From Port of Spain to Patna: Modi’s Cultural Diplomacy Sets Political Tone Ahead of Bihar Elections

    From Port of Spain to Patna: Modi’s Cultural Diplomacy Sets Political Tone Ahead of Bihar Elections

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India’s Forex Reserves Surge Past $700 Billion

    India’s Forex Reserves Surge Past $700 Billion, Close to All-Time Record

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Improving Communication and Collaboration in Distributed Teams: Strategies for Indian Business Analysts

    Improving Communication and Collaboration in Distributed Teams: Strategies for Indian Business Analysts

    Why Every Modern Retail Shop Needs Reliable Billing Software Today

    Why Every Modern Retail Shop Needs Reliable Billing Software Today

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Major Arms Seizure in Manipur Hill Districts

    Amid Ongoing Tensions, Security Operation Yields Major Arms Seizure in Manipur Hill Districts

    military reveals china-pakistan-turkey nexus during operation sindoor

    One Border, Three Adversaries: Indian Army Blasts China-Pakistan-Turkey Axis in Operation Sindoor

    INS Tamal marks the end of import of Indian Warships

    INS Tamal Marks End of Warship Imports as India Sets Sail on Atmanirbhar Bharat Path

    UK’s 5th-Gen F-35B Jet Grounded in Kerala Set to Be Airlifted After Weeks of Uncertainty

    UK’s 5th-Gen F-35B Jet Grounded in Kerala Set to Be Airlifted After Weeks of Uncertainty

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    PM Modi Receives Trinidad's Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    PM Modi Receives Trinidad’s Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    when gandhi's statue was removed in ghana

    When Mahatma Gandhi’s Statue Was Removed in Ghana for Being ‘Racist’

    Empower the Global South: PM Modi

    Time to Reshape Global Governance, Empower the Global South: PM Modi

    India Counters China on Dalai Lama Issue, Ministers to Attend Birthday Event

    India Counters China on Dalai Lama Issue, Ministers to Attend Birthday Event

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    The Beginning of Devotion: History of the First Kanwar Yatra

    The Beginning of Devotion: History of the First Kanwar Yatra 

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    char dham yatra suspended due to bad weather

    Uttarakhand Suspends Char Dham Yatra Due to Adverse Weather, Prioritizes Pilgrim Safety

    Sanatan Mahakumbh Event Scheduled at Patna’s Gandhi Maidan

    Sanatan Mahakumbh Event Scheduled at Patna’s Gandhi Maidan on July 6

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    India's Tour of Bangladesh Likely Postponed Amid Political Unrest

    India’s Tour of Bangladesh Likely Postponed Amid Political Unrest

    What Is The Best Way To Bet On Tennis?

    What Is The Best Way To Bet On Tennis?

    Pakistan Hockey Team Set to Visit India for Asia Cup 2025: First Time Since Operation Sindoor

    First Time Since Operation Sindoor ; Pakistan Hockey Team Set to Visit India for Asia Cup 2025

    Health Experts Reaffirm Covid Vaccine Safety

    Health Experts Reaffirm Covid Vaccine Safety Amid Concerns Over Sudden Cardiac Deaths

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

Feud with India’s Future group is causing international shame to Amazon

Akshay Narang by Akshay Narang
7 January 2022
in Trending
Amazon, Future Group, court, fpcl
Share on FacebookShare on X

Amazon is fighting with India’s Future Group, and the feud is causing international embarrassment for the e-commerce giant. 

India’s Future Group wins the big battle in its feud with Amazon

In the ongoing feud between the Future Group and Amazon, a division bench of the Delhi High Court has stayed the arbitration proceedings initiated by Amazon before a Singapore tribunal. 

RelatedPosts

Probe Panel Gives Go-Ahead for Justice Yashwant Varma’s Impeachment

Delhi High Court Affirms Dismissal of Christian Army Officer for Refusing to Join Weekly Regimental Religious Parades

Government Likely to Move Impeachment Motion Against Justice Varma in Monsoon Session

Load More

The Delhi High Court division bench stated that there was a “prime facie case” in Future group’s favour given the suspension of clearance given to Amazon’s 2019 deal with Future Coupons (FCPL) by the Competition Commission of India (CCI).

This is a big win for Future. Legal experts say that courts normally stay international arbitration proceedings under “rare” circumstances.

What does it mean?

For the Future Group, the stay order passed by the Delhi High Court means that the arbitration proceedings initiated by Amazon against Future Retail disputing the latter’s Rs. 24,500-crore merger deal with Reliance Retail will not take place unless Amazon goes in appeal and the Supreme Court stays the order passed by the Delhi High Court. This paves way for the Future-Reliance deal. 

The Amazon-Future-Reliance triangle

The ongoing dispute between the Future Group and Amazon is rooted in the latter’s bid to maintain its domination in India’s multi-billion dollars’ online shopping market. 

Amazon had bought a 49 per cent stake in FCPL. FCPL holds 10 per cent shares of FRL. Indirectly; Amazon became the owner of almost 5 per cent shares of FRL. Later, FRL entered into a deal with Reliance group for its superstore business. 

According to independent directors of FRL, the deal between Reliance and Amazon was signed through full-fledged involvement of Amazon. However, as the events turned out, Reliance Group decided to make a huge foray into India’s multi-billion dollars’ online shopping market.

And then, Amazon finally decided to challenge the legality of the FRL-Reliance deal on multiple fronts. Its claim was that since it is a minority shareholder, it has a right to object to the advances of the deal. The multinational giant took Future Group to the court on the basis of a non-competitive clause that it has signed with the wholly-owned but unlisted subsidiary of the future group.

This was followed by several rounds of litigation between Amazon and the Future Group. Ultimately, FRL also decided to have a relook into its selling of FCPL shares to Amazon. FRL officially asked CCI to revoke the sale of FCPL shares to Amazon. The Indian retail giant cited false statements and representation by Amazon as its main concern behind its demand for an overhaul of the deal. 

And the CCI ultimately suspended its clearance to Amazon’s 2019 deal with FCPL. 

Amazon’s journey in India becoming more difficult

The latest incident involving Amazon’s dispute with the Future Group is one of the many difficulties that the multinational giant faces in India. 

For quite some time, Amazon has also been facing allegations of predatory pricing. The small and medium Indian traders claim to be big casualties of this practice. Moreover, there have also been allegations of lack of clarity in the e-commerce giant’s policy of “preferred sellers”. 

Such preferred sellers allegedly resort to deep discounting which may border on predatory pricing. There are also allegations of the “preferred sellers” being affiliated with or substantially controlled by Amazon. Such affiliation could be a violation of the 49 per cent cap on FDI in multi-brand retail.

Amazon’s problems in India thus continue and its feud with the Future Group is also becoming a source of international embarrassment. 

Tags: AmazonCCIDelhi High CourtFCPL.FDIFRLFuture Group Reliance Retail
Share35TweetSend
Previous Post

All those who defended or cheered the assassination attempt on PM Modi

Next Post

K Onler Kom: Bio, Career and His Sacrifice for Mary Kom

Related Posts

Team B in the Making: TVK, a Trojan Horse for DMK in the 2026 Tamil Nadu Elections?
Politics

Team B in the Making: TVK, a Trojan Horse for DMK in the 2026 Tamil Nadu Elections?

5 July 2025

In Tamil Nadu's fast-changing political landscape, Tamilaga Vettri Kazhagam (TVK), the party launched by actor Vijay in 2024, is...

PM Modi Receives Trinidad's Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties
Geopolitics

PM Modi Receives Trinidad’s Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

5 July 2025

Prime Minister Narendra Modi has once again etched his name in history this time, by becoming the first Indian...

Nihalani vs Ektaa Kapoor
Trending

Pahlaj Nihalani Criticizes Ektaa Kapoor’s TV Shows for Undermining Indian Cultural Values

5 July 2025

Veteran film producer and former Central Board of Film Certification (CBFC) chairperson Pahlaj Nihalani has launched a scathing attack...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Rage on stage: why a police officer resigned quit after CM's outburst

Rage on stage: why a police officer resigned quit after CM's outburst

00:03:40

Right to religion vs duty to identify: where should India draw the line?

00:04:34

Junior Kharge Calls to Ban RSS Amid Karnataka Congress Civil War!

00:10:02

Kerala Muslim Groups oppose Zumba classes for School Children

00:07:21

Crash or sabotage? Aviation expert on ahmedabad plane crash probe.

00:13:37
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited