Skip to main content

CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Singapore International Arbitration Centre rules in favour of Amazon in Future Group case

The Singapore International Arbitration Centre (SIAC) has ruled in favor of Amazon in its dispute with Future Group, stating that Future's deal with Reliance Retail violated a prior agreement. The tribunal found Future Retail's resolution approving the sale of assets to Reliance breached contractual obligations. While Amazon sought ₹1,436 crore in damages, the tribunal awarded ₹23.

from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/amazon-wins-arbitration-against-future-group-over-reliance-deal/122151167
Labels:

Popular posts from this blog

DIFFERENCE BETWEEN FOFO VS FOCO FRANCHISE MODELS

FRANCHISE MODELS FOFO VS FOCO FOFO:-                  Franchise Owned Franchise Operated , When You Owned Any Brand In This Model You Need to Cover Your All The Expenses to Operate The Shop And You Need to Provide Some % Of Royalty Fee to The Brand On Your Sales Profit. If Any Lose Or Profit You Need to Bare All The Expenses On Your Shop So That You Only Need Increase The Sales On Your Shop.       FOCO FRANCHISE FOCO:-                      Franchise Owned Company Operated , When You Owned Any Brand In This Model The Brand Need to Cover Your All The Expenses to Operate The Shop And The Brand Need to Provide You The Minimum Guaranteed Amount Also The Brand Need to Share Some % On Sales Profit. If Any Lose Or Profit The Brand Need to Bare All The Expenses On Your Shop So That Brand Also Increase The Sales On Your Shop.  Know More About Franchise
Read more

Ghost Kitchens acquires cloud kitchen company The Shy Tiger in an all-cash deal

With the focus on growing its own company-owned and operated footprint, launching celebrity brands, and foraying into retail stores, Ghost Kitchens aims to achieve annualised revenue of approximately Rs 200 crore in the next 2 years. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/ghost-kitchen-acquires-cloud-kitchen-company-the-shy-tiger-in-an-all-cash-deal/109152557
Read more

India recalls Flipkart antitrust probe report after Xiaomi complaint

China's Xiaomi had complained to the Competition Commission of India (CCI) that the report - which found Flipkart, some of its sellers, and smartphone players in violation of competition laws - contained commercial secrets that should have been redacted, Reuters reported in September. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/india-recalls-flipkart-antitrust-probe-report-after-xiaomi-complaint/114999832
Read more