Future Retail To Amazon: Show Me The Money (And FDI Compliance)
Future Retail Ltd.’s independent directors have raised some pointed questions in response to Amazon’s offer to help the debt-ridden Indian retailer. Namely, how quickly will the cash be available, will the funding be FDI-compliant and what about FRL’s other dues? In a letter dated Jan. 19, the American e-commerce giant had reiterated its offer of financial assistance to Future Retail. The Indian
Future Retail Ltd.’s independent directors have raised some pointed questions in response to Amazon’s offer to help the debt-ridden Indian retailer. Namely, how quickly will the cash be available, will the funding be FDI-compliant and what about FRL’s other dues? In a letter dated Jan. 19, the American e-commerce giant had reiterated its offer of financial assistance to Future Retail. The Indian
Future Retail Ltd.’s independent directors have raised some pointed questions in response to Amazon’s offer to help the debt-ridden Indian retailer. Namely, how quickly will the cash be available, will the funding be FDI-compliant and what about FRL’s other dues? In a letter dated Jan. 19, the American e-commerce giant had reiterated its offer of financial assistance to Future Retail. The Indian
Future Retail Ltd.’s independent directors have raised some pointed questions in response to Amazon’s offer to help the debt-ridden Indian retailer. Namely, how quickly will the cash be available, will the funding be FDI-compliant and what about FRL’s other dues? In a letter dated Jan. 19, the American e-commerce giant had reiterated its offer of financial assistance to Future Retail. The Indian
