India's Future to challenge court order blocking its retail deal in dispute with Amazon: source
The appeal against that order is set to be filed later on Wednesday in the court
FILE PHOTO: A shipment moves on a conveyor belt at an Amazon Fulfillment Centre (BLR7) on the outskirts of Bengaluru, India, September 18, 2018. REUTERS/ Abhishek N. Chinnappa/File Photo
India's Future Group will challenge a New Delhi court order that has blocked its $3.4 billion retail assets sale on objections of business partner Amazon.com Inc, a source told Reuters on Wednesday.
An Indian court blocked Future Group's sale of a swathe of assets to rival Reliance Industries on Tuesday after Amazon raised objections to the deal, in a battle of the retail titans that could reshape the shopping sector.
The appeal against that order is set to be filed later on Wednesday in the court, the source said, declining to be identified.
