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Future Retail stock falls 10% as Amazon wins case against Future-RIL deal

  • Writer: Deaf Leaders Foundation
    Deaf Leaders Foundation
  • Aug 6, 2021
  • 1 min read

Shares of Future Retail tanked 10% after the Supreme Court ruled in favour of Amazon to block the ₹24,713-crore deal between Future Group and Reliance Industries (RIL). India's apex court said that the order passed by the Singapore International Arbitration Centre to halt the deal is enforceable in India. RIL stock fell over 2% during intraday trade on Friday.

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