Future Retail dives 10 pc; group cos stocks also tumble ...Middle East

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Future Retail dives 10 pc; group cos stocks also tumble
Shares of Future Retail Ltd on Friday tumbled almost 10 per cent after the Supreme Court ruled in favour of the US-based e-commerce giant Amazon by holding that the Singapore's Emergency Arbitrator (EA) award, restraining the Rs 24,731 crore merger deal of FRL with Reliance Retail, was valid and enforceable under Indian laws.

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