Amazon has asked Ajay Tyagi, chairman of market regulator Securities and Exchange Board of India (SEBI), requesting that he take whatever steps are necessary to adhere to the Supreme Court’s decision on the $3.4 billion merger between Future Group and Reliance Industries. The US e-commerce giant has urged that SEBI to instruct the Indian stock exchanges to dismiss the Observation Letters associated with this merger with immediate effect. Amazon has been in conflict with Future for months, alleging the Indian … Continue reading Amazon urged SEBI to withdraw Future-Reliance deal approval and to comply with SC decision