FILE PHOTO: A woman shops inside the Big Bazaar retail store in Mumbai, India, November 25, 2020. REUTERS/Niharika Kulkarni/File photo
MUMBAI (Reuters) - The High Court of Delhi on Monday left it to regulators to decide the fate of the $3.38 billion sale of Future Group's retail assets to Reliance Industries Ltd, but allowed U.S. partner Amazon.com Inc to raise objections to it.
Hammered by the coronavirus pandemic, Future sold its retail assets to oil-to-clothes conglomerate Reliance in August but Amazon said the deal breached agreements Future made with the U.S. ecommerce leader in 2019.
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