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NEW DELHI: Outmanoeuvred by the swift backdoor takeover of Future’s retail shops by Reliance, Amazon on Wednesday pleaded with the Supreme Court to restrain Reliance’s “frolic” with disputed assets, the focal point of a multi-layered litigation including international arbitration. Appearing for Amazon, senior advocates Gopal Subramaniam and Ranjit Kumar said even though the arbitral tribunal…Continue Reading

Air India takeover: Tatas saddled with older aircraft, poor cabin products

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Air India’s new journey to return to its lost glory under the Tata Group will be fraught with issues like older aircraft, inferior cabin products and human resources issues, but experts and its global competitors do see the airline becoming a challenger in the international space. Currently, Air India is the largest among Indian carriers…Continue Reading