Future urges HC to stop Amazon from ‘derailing’ Reliance deal

NEW DELHI: Future Retail has urged the Delhi High Court to grant a temporary injunction, restricting Amazon from “derailing” its proposed sale of assets to Reliance Retail.

Harish Salve, representing the Kishore Biyani company, termed Amazon’s legal proceedings a ‘ploy’ to kill competition in India. “If this injunction is not granted and Amazon manages to derail this transaction … because all these agreements are time-sensitive, for me it will be the end of the road,” Salve said, on behalf of Future Retail.