When the hi-tech sector in America sheds tens of thousands of jobs, the tsunami of firings is felt globally, especially in India, because so many Indians work abroad in the technology sector. These companies are not on the brink of financial ruin. Quite the contrary, so why shed people?
The Supreme Court on Wednesday, ordered to restart the proceedings before the SIAC tribunal in the Future Retail‘s merger with Reliance Retail Ltd. deal to the tune of Rs 24,500 crore.
Supreme Court was told today by Future Retail that "Amazon wanted to destroy them, and they succeeded," as their bitter and long-running legal battle is still on the go, with the next hearing scheduled for April 4.
Amazon’s Senior Counsel Gopal Subramonium apprised the three-judge bench led by the CJI NV Ramana that he has filed an application seeking interim protection against transfer of assets.