Future Group sets aside ₹1,000 cr for potential Amazon arbitration: Reports
Kishore Biyani's Future Group has reportedly set aside ₹1,000 crore as a safeguard measure to pay in damages if it loses against Amazon in a potential arbitration case, The Indian Express reported. This comes after Future Group's ₹24,713 crore-deal with Reliance ran into legal trouble after Amazon objected, claiming its "contractual rights" have been violated.