Supreme Court Puts Reliance Deal With Future On Hold, Big Win For Amazon

The Supreme Court said the Singapore arbitrator's decision to hold the sale of Future Retail is enforceable.

In a big win for Amazon, the Supreme Court today said Reliance cannot go ahead with its $3.4 billion deal to buy Future Group's retail assets. The Supreme Court said the Singapore arbitrator's decision to hold the sale of Future Retail is enforceable.