November 23, 2024 12:20 (IST)
Future Retail accuses Amazon of blocking its OTR scheme, asks US etailer to pay the lenders
Amazon's January 19 letter opposing the sale of small-format stores by Future Retail Limited (FRL) has elicited a terse response from the latter's independent directors, who asked the e-commerce giant to pay Rs 3,500 crore to FRL so that it can repay its lenders, media reports said.
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