Future Retail, in a caveat plea, requested a 48-hour notice before any petition is moved against it; the plea has been filed in anticipation of an attempt by Amazon to stay the deal between Future and RIL

According to Future Retail, the Emergency Arbitrator order was passed in arbitration proceedings initiated by Amazon by invoking an arbitration clause in a contract to which it is not a party

Amazon is locked in a bitter legal dispute with Future Group, which in August sold its retail assets to Reliance Industries for $3.4 billion. The deal, Amazon alleges, breaches 2019 agreements by Future

Google's billions of users are spending more time online transacting and entertaining themselves this year as they try to avoid the virus

Brick-and-mortar shops closed their doors; Amazon by contrast moved to recruit over 400,000 workers and earned $6.3 billion in the just-ended quarter, its second consecutive record profit

Sectorally, all the indices traded in red today, with the auto index dropping over 3%, followed by a 2.7% decline in media and a 2% drop in realty index

Future Retail Ltd (FRL) said it is not a party to the agreement under which Amazon has invoked arbitration proceedings and the deal cannot be held back through the arbitration process

The share price of Kishore Biyani's Future Retail opened with a loss of 3.28% at Rs 75.25 today and later plunged 9.3% to Rs 70.55 on BSE.

Stocks to watch today on October 26: Nestle, ICICI Lombard, Tech Mahindra, Vedanta, YES Bank among others are the top stocks to watch out for in Monday's trading session

Amazon received an emergency order to halt the companies from proceeding with the deal until an arbitration tribunal is formed; the order would have to be ratified by an Indian court

The development comes less than three weeks after the world's largest online retailer said more than 19,000 of its U.S. frontline workers contracted the coronavirus this year

The company bet it could do a better job of bridging online and offline data for its advertisers and give itself a shot at developing an ad platform that could take on Amazon.com Inc

The letter referred to several media articles that have reported these action by the e-commerce giant

German trade union Verdi had called on workers at seven Amazon warehouses to go on two-day strike over better pay and conditions on Tuesday to coincide with the global Prime Day promotion event

Future Lifestyle stock currently trades lower than 5, 20, 50, 100 and 200-day moving averages. Market capitalisation of the stock stood at Rs 1,495.15 crore as of today's session

Stocks to watch today on October 9: TCS, HPCL, Lakshmi Vilas Bank, JK Cement, Adani Green Energy among others are the top stocks to watch out for in Friday's trading session

The deal with Amazon was also conditional based on the government's FDI policy permitting foreign multi-brand retailing firm

Amazon, Reliance and Walmart Inc's Flipkart are in a battle to gain market share in India, where millions of middle class customers are newly adopting online purchases of food and groceries due to the COVID-19 pandemic

The antitrust subcommittee of the Judiciary Committee recommended that Alphabet Inc's Google, Apple Inc , Amazon.com and Facebook - with a combined market value of over $5 trillion - should not both control and compete in related businesses

Amazon Corporate Holdings Private Limited, Singapore and Amazon.com Inc Limited, Mauritius have pumped in Rs 1,125 crore into Amazon Seller Services