Amazon gets interim relief, Future Retail-RIL deal put on hold by S'pore arbitrator

Amazon received interim relief as Kishore Biyani-led Future Group was told not to proceed with Mukesh Ambani's Reliance Retail deal for now by Singapore-based arbitration panel, ET Now reported. In August, Reliance Retail announced it'll buy Future Group's retail, wholesale & logistics business for ₹24,713 crore. Amazon accused Future Group of breaching non-compete clause in Future Coupons pact.