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NSE warned Future Retail for misleading disclosures

NSE warned Future Retail for misleading disclosures

NSE privately warned Future Retail as  it violated regulatory action skipping timely market disclosures about efforts by Amazon.com. Amazon condemned Future Retail for misleading people by falsifying market disclosures.The complaint came after Amazon on Oct. 25 won an injunction from an arbitrator to halt the Future-Reliance deal. The stock exchanges consistently asked Future Retail to submit the details of the arbitration order, which was not submitted by the company.  

Srushti Vaidya

Srushti Vaidya is a mass media student from Ramnarian Ruia Autonomous College, Mumbai. She holds interest in politics and wants to pursue her carrer in journalism. Contact her at vaidyasrushti19@gmail.com