India: Amazon urges Sebi to consider SG arbitrator's stay order on RIL-Future deal

India: Amazon urges Sebi to consider SG arbitrator's stay order on RIL-Future deal

Photographer: Gabby Jones/Bloomberg

Seattle-based retail giant Amazon.com Inc. has written to India’s market regulator, asking it to consider the interim judgement of the Singapore International Arbitration Centre or SIAC, which has restrained the Future Group from going ahead with the 24,713 share sale deal or any such agreement with Mukesh Ambani promoted Reliance Industries Ltd. and other “restricted parties” as mentioned in the non-compete clause signed between Amazon and Future Coupons Pvt. Ltd. in 2019.