SG arbitration panel rejects Future's plea on Reliance deal in dispute with Amazon

SG arbitration panel rejects Future's plea on Reliance deal in dispute with Amazon

Future Group chairman Kishore Biyani. Photo: Hemant Mishra/Mint

A Singapore arbitration panel has rejected Future Retail’s plea to quash an order from last year that put its $3.4 billion deal with Reliance on hold, in a boost for its partner Amazon.com Inc which is seeking to block the transaction.