NEW DELHI, March 15 (Reuters) – Talks between Amazon.com Inc and India’s Future Retail (FRTL.NS) geared toward resolving a long-running dispute over whether or not Future’s retail property may be bought to Reliance Industries (RELI.NS) have failed, legal professionals for the businesses informed the Supreme Court docket on Tuesday.
Each Amazon and Future mentioned they wish to resume arbitration proceedings in Singapore that had been placed on maintain by the New Delhi Excessive courtroom.
The Supreme Court docket mentioned it can hear arguments from Amazonon Wednesday and resolve on the matter.
Reporting by Abhirup Roy; Modifying by Edwina Gibbs
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