CCI said that Amazon had misrepresented facts while seeking approval for its investment in Future Coupons in 2019.

CCI suspends Amazon’s deal with Future – Mint

02:04pm, Friday, 17'th Dec 2021 India Finance News
India’s antitrust body competition commission of India (CCI) on Friday said Amazon’s 2019 deal with Future to remain in abeyance, citing US e-commerce major’s failure…
The approval was given by the regulator back in November 2019 for Amazon''s deal to buy 49 per cent stake in Future Coupons.
Amazon had acquired 49 percent stake in FPCL in 2019 in a $200 million deal (Representative image) The Competition Commission of India (CCI) on December
The antitrust body, while imposing Rs 200-cr penalty, said Amazon failed to notify certain commercial agreements as part of 2019 Future deal

CCI suspends Amazon-Future deal, cites suppression of information

12:10pm, Friday, 17'th Dec 2021 Business Today
The unprecedented step taken by CCI could have far-reaching consequences on Amazon''s legal battles with now estranged partner Future.

CCI suspends Amazon''s deal with Future

12:08pm, Friday, 17'th Dec 2021 Livemint
Amazon suppressed the actual purpose and particulars of 2019 deal, CCI said, adding that it considers necessary to examine the Amazon-Future unit deal afresh.

CEMATRIX Announces $4.6 Million in New Contracts

01:25pm, Thursday, 16'th Dec 2021 Intrado Digital Media
CALGARY, Alberta, Dec. 16, 2021 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) (" CEMATRIX " or the " Company ") a North American leading manufacturer and supplier of technologically advanced cellular concrete products announced that its wholly owned operating subsidiaries, which include CEMATRIX (Canada) Inc. (CCI), MixOnSite USA Inc. (MOS) and Pacific International Grout Company (PIGCO) have executed $4.6 million in contracts, of which $3.2 million was previously characterized as contracts in process.

Amazons Statement Against CCI Receives Acute Rebuttal From CAIT

11:48am, Thursday, 16'th Dec 2021 CNN-News18
CAIT has strongly criticised the comment and questioned Amazons compliance with preceding court hearings if it actually believed that CCI does not have approval-invoking powers
Stephens Inc. AR lowered its holdings in shares of Crown Castle International Corp. (REIT) (NYSE:CCI) by 6.0% during the third quarter, Holdings Channel reports. The firm owned 34,288 shares of the real estate investment trusts stock after selling 2,178 shares during the period. Stephens Inc. ARs holdings in Crown Castle International were worth $5,943,000 as []
First American Bank increased its holdings in Crown Castle International Corp. (REIT) (NYSE:CCI) by 7.5% in the third quarter, HoldingsChannel.com reports. The fund owned 51,798 shares of the real estate investment trusts stock after acquiring an additional 3,615 shares during the period. First American Banks holdings in Crown Castle International were worth $8,978,000 at the []
State of New Jersey Common Pension Fund D decreased its holdings in shares of Crown Castle International Corp. (REIT) (NYSE:CCI) by 0.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 253,423 shares of the real estate investment trusts stock after selling []
Morris Retirement Advisors LLC lifted its stake in Crown Castle International Corp. (REIT) (NYSE:CCI) by 13.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,485 shares of the real estate investment trusts stock after purchasing an additional 290 shares during the period. []
The proposed combination envisages acquisition of 40% of the equity share capital of Sterling and Wilson Renewable Energy Limited by Reliance New Energy Solar Limited
In the illustrious altercation between Future and Amazon, Future has on numerous occasions claimed that Amazons investment in its
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE