Monday, January 6, 2020

Amazon India, Future Group ink long-term pacts

On November 28, CCI had approved Amazon’s proposed Rs 1,500-crore deal to acquire a 49 percent stake in Future Coupons. Others

January 06, 2020: Amazon India entered into long-term business agreements with Future Group to extend the reach of the latter’s retail stores and consumer brands through its online marketplace.  On November 28, the Competition Commission of India (CCI) had approved Amazon’s proposed Rs 1,500-crore deal to acquire a 49 percent stake in Future Coupons, a Future Retail promoter entity. The transaction will give Amazon a 3.5

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