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Amazon, Future talks have failed, lawyers tell India's Supreme Court

Reuters . New DELHI
15 Mar 2022 18:54:17 | Update: 15 Mar 2022 18:54:17
Amazon, Future talks have failed, lawyers tell India's Supreme Court
The logo of Amazon is seen at the company's logistics center in Lauwin-Planque, northern France, February 20, 2017 — Reuters Photo

Talks between Amazon Inc and India's Future Retail aimed at resolving a long-running dispute over whether Future's retail assets can be sold to Reliance Industries have failed, lawyers for the companies told the Supreme Court on Tuesday.

Both Amazon and Future said they would like to resume arbitration proceedings in Singapore that had been put on hold by the New Delhi High court.

The Supreme Court said it will hear arguments from Amazon on Wednesday and decide on the matter.

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