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FRETAIL Future Retail News Story

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Consumer DefensivesAdventurousMicro Cap

Amazon accuses India's Future, Reliance of 'fraud' in newspaper ads

NEW DELHI, March 15 (Reuters) - Amazon.com Inc  AMZN.O  on
Tuesday took out ads in Indian newspapers, accusing Future
Retail  FRTL.NS  and Reliance  RELI.NS  of "fraud" after
Reliance took over many of Future's stores.
    Amazon has been contesting the planned $3.4 billion sale of
Future Group's retail assets to Reliance and the case is
currently before the Indian Supreme Court.  urn:newsml:reuters.com:*:nL2N2V904L

     
    

 (Reporting by Aditya Kalra and Abhirup Roy; Editing by Edwina
Gibbs)
 ((abhirup.roy@thomsonreuters.com; + 91 22 6180 7067; Reuters
Messaging: abhirup.roy.thomsonreuters.com@reuters.net))

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