India's top court halts Future Group-Reliance deal on Amazon plea

India's top court halts Future Group-Reliance deal on Amazon plea

Photo by rawpixel on Unsplash

The Supreme Court has stopped regulatory approval for the Future Group’s $3.4 billion asset sale to Reliance Industries Ltd., effectively halting the deal and marking another victory for Amazon.com Inc., which wants to scuttle the transaction in its bid to dominate the country’s retail sector.

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