Amazon accuses Future Group of insider trading as it seeks to block Reliance deal

NEW DELHI: Amazon.com Inc has asked India’ s market regulator to investigate Future Retail Ltd for insider trading, a letter seen by Reuters showed, as it seeks to prevent its business partner from becoming part of rival Reliance NSE -0.67 %’s empire.

The U.S. giant has been pressing the Securities and Exchange Board of India (SEBI) to review Reliance’s August deal to buy retail, logistics and other assets from Future Group for $3.4 billion including debt.