India: Future Group to challenge court order blocking retail deal in dispute with Amazon

India’s Future Group will challenge a New Delhi court order that has blocked its $3.4 billion retail assets sale on objections of business partner Amazon.com Inc, a source told Reuters on Wednesday.

An Indian court stalled Future Group’s sale of a swathe of assets to rival Reliance Industries on Tuesday after Amazon raised objections to the deal, in a battle of the retail titans that could reshape the shopping sector.

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