Employees of India’s Future Retail urge top court to clear asset sale in Amazon dispute

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Image Credits: Nasdaq

Employees of India’s Future Retail have tried to put pressure on the Supreme Court to authorize the company to sell its retail assets and rule against Amazon.com Inc in an ongoing dispute.

The dispute has rendered Future failed as it could not close the deal of $3.4 billion deal to sell its retail assets to market leader Reliance Industries. The company failed due to Amazon’s legal challenges which asserts that the company (Future) has breached some pre-existing contracts the two sides had struck, by deciding to sell its retail assets to Reliance.

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