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Can't buy Tesla cars, but India's small investors are lapping up its stock

Markets

09 December, 2020

Can't buy Tesla cars, but India's small investors are lapping up its stock

Mom-and-pop Indian investors increasingly buying U.S. stocks have been drawn to a company that has no presence in India so ......

Grapevine: Amazon may bet on Apollo Pharmacy; Meesho seeks fresh funding

General

09 December, 2020

Grapevine: Amazon may bet on Apollo Pharmacy; Meesho seeks fresh funding

Online retailer Amazon.com Inc. is planning to invest about $100 million (Rs 737 crore) in Apollo Pharmacy for a minority ......

Flipkart unit PhonePe to raise $700 mn, gets $5.5 bn valuation

TMT

03 December, 2020

Flipkart unit PhonePe to raise $700 mn, gets $5.5 bn valuation

PhonePe, the digital payments unit of Walmart's Indian e-commerce arm Flipkart, said on Thursday it would sell a stake to ......

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

Consumer

20 November, 2020

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

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 ......

Amazon accuses Future of insider trading as it seeks to block Reliance deal

Consumer

11 November, 2020

Amazon accuses Future of insider trading as it seeks to block Reliance deal

Amazon.com Inc has asked India's market regulator to investigate Future Retail Ltd for insider trading, a letter seen by Reuters ......

Future Retail challenges Amazon in court over Reliance deal

Consumer

09 November, 2020

Future Retail challenges Amazon in court over Reliance deal

Future Retail has challenged its partner Amazon.com Inc in a New Delhi court to stop interfering in its $3.4 billion ......

Premium
Future Group's PE investors in the lurch; will they sign off Reliance-Biyani deal?

Consumer

02 November, 2020

Future Group's PE investors in the lurch; will they sign off Reliance-Biyani deal?

Future Group’s multi-billion-dollar deal with Reliance Industries Ltd, which has been challenged by Amazon.com Inc, has left a half-dozen private ......

Future Retail says Amazon dispute order not binding on company

Consumer

02 November, 2020

Future Retail says Amazon dispute order not binding on company

India's Future Retail Ltd (FRL) said on Sunday that a Singapore arbitrator's order in its dispute with Amazon.com Inc is ......

BSE to consult SEBI on Future-Reliance deal after Amazon objection

Consumer

30 October, 2020

BSE to consult SEBI on Future-Reliance deal after Amazon objection

The Bombay Stock Exchange (BSE) will consult the market regulator and seek clarifications from Future Retail and Reliance Industries about ......

Future Retail sees liquidation if Reliance deal fails in fight with Amazon

Consumer

27 October, 2020

Future Retail sees liquidation if Reliance deal fails in fight with Amazon

India's Future Retail Ltd (FRL) will go into liquidation if its deal to sell assets to Reliance Industries fails, the ......