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Amazon accuses Future Retail, Reliance of ‘fraud’ in newspaper ads - Best Business Review Site 2024

Amazon accuses Future Retail, Reliance of ‘fraud’ in newspaper ads

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Amazon.com Inc on Tuesday took out ads in Indian newspapers that accuse and Reliance of “fraud” after


Reliance took over many of Future’s stores.





Amazon has been contesting the planned $3.4 billion sale of Future Group’s retail assets to Reliance and the case is currently before the Indian Supreme Court.


In ads headed “PUBLIC NOTICE” in leading Indian newspapers, Amazon said: “these actions have been done in a clandestine manner by playing a fraud on the constitutional courts in India.”


Future and Reliance did not immediately respond to a request for comment.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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