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Amazon’s attempt to control Future Group violates FEMA FDI: Delhi HC

The Delhi High Court has ruled that US e-commerce giant Amazon’s attempt to control Future Retail through a conflation of agreements it has with an unlisted unit of the Indian company will be violative of the FEMA FDI rules, the Kishore Biyani-led firm said on Wednesday, according to a PTI report. Giving out its analysis of the Delhi High Court’s December […]

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