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Uploaded 1 week ago

Duration: 0h 2m 56s

Dispute with Biyani-led Future group: Amazon awarded Rs 23.7 cr in damages

Name: Dispute with Biyani-led Future group: Amazon awarded Rs 23.7 cr in damages
Uploaded: Mon, 30 Jun 2025 13:18:16 +0530
Channel: Rediff Video Desk
Description: The Singapore International Arbitration Centre (SIAC) has awarded Rs 23.7 crore in damages, besides arbitration and litigation costs, to Amazon in its long-running dispute with the Kishore Biyani-led Future Group.The three-member bench of the tribunal held that Future Group had breached the terms of its contract with Amazon by entering into a transaction with Reliance.

The Singapore International Arbitration Centre (SIAC) has awarded Rs 23.7 crore in damages, besides arbitration and litigation costs, to Amazon in its long-running dispute with the Kishore Biyani-led Future Group. The three-member bench of the tribunal held that Future Group had breached the terms of its contract with Amazon by entering into a transaction with Reliance.

Uploaded by: Rediff Video Desk on Mon, 30 Jun 2025 13:18:16 +0530

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