
The ongoing tussle between the American e-commerce giant Amazon.com Inc. (NASDAQ:AMZN) and Indian retailer Future Retail (FRL) continued in the Delhi High Court on Tuesday (Indian Standard Time).
What Happened: Amazon called the February takeover of 835 Future Retail stores by Mukesh Ambani's conglomerate Reliance Industries Limited (RIL) a "sham transaction," according to the Economic Times.