Business
Amazon Vs Future Retail: SC suggests resuming arbitration proceedings before tribunal
The Supreme Court on Wednesday suggested arbitration proceedings before the Singapore International Arbitration Centre (SIAC) governed tribunal may resume, where the American e-commerce giant Amazon could press for the relief.
A bench, headed by Chief Justice N.V. Ramana and comprising Justices A.S. Bopanna and Hima Kohli said both — Amazon and Future Retail – can mention it before the tribunal, which has already given a hearing date.
Amazon has filed an application, a day after it raised the issue of Future Retail’s shops and assets being taken over by Reliance and the top court allowed it to file an application to seek relief.
Taking note of Amazon’s 370-page application, the bench said it was not possible to pass orders on interim relief the same day, as it required some time to examine the document.
Counsel representing the Future Group agreed on resuming the arbitration proceedings, but Amazon’s counsel insisted on interim relief, even if the hearing in the tribunal were to resume.
The bench noted that one aspect is, if all the parties have agreed that arbitration can commence with termination application, then if an interim order has been passed by tribunal, whichever forum has to enforce it, that forum will enforce it. It further added that another aspect is once the tribunal says it is maintainable, and if the petitioner wants some interim order and then, it can seek that relief before the tribunal.
Senior advocate Gopal Subramanium, representing Amazon, said the tribunal has already granted protection against alienation of Future’s assets. Citing the 2020 order, he added that if there is no adherence to that order, then there is no point in filing another application before the tribunal.
Senior advocate Harish Salve, representing Future Retail, said since all parties have agreed to go before the tribunal, the interim relief application should be heard only by one forum. It cannot be pressed before the top court and the tribunal together, he said.
After hearing submissions from parties, the bench said it will hear the interim relief plea on March 23 and directed Future Retail to file its response on Amazon’s application.
In February, the Delhi High Court stayed the arbitration proceeding. Amazon challenged this order in the apex court.
Amazon’s counsel on Tuesday told the Supreme Court that the dialogue to settle the dispute with Future Retail did not work, and complained against Reliance taking over Future stores, despite no asset transfer order.
Subramanium submitted that the highest court was told that no assets will be transferred, it has been recorded, and during pendency, the orders have been flouted. “I don’t want this message to go out that orders of the court can be happily flouted,” he said.
Salve submitted that nothing has been transferred and as rents for the shops were not paid for over two years, the landlords terminated the leases. “We are completely broke, which is what we’ve been telling all forums… Amazon is driving us to our knees, we’re broke.”
Future Retail Ltd (FRL) entered into a Rs 24,713 crore deal with Reliance Retail to sell its business, which has been objected to by the US-based e-commerce giant Amazon.
Business
Employees’ body to meet on April 13 as Central govt staff keen on 8th Pay Commission decisions

New Delhi, April 7: Millions of Central government employees and pensioners await the outcome of the drafting committee of the National Council (Joint Consultative Machinery) on April 13 to get cues on the 8th Pay Commission salary revision, a report said on Tuesday.
The drafting committee meeting scheduled for 11:00 am at the JP Choubey Memorial Library (AIRF office premises) here will review a final common memorandum and discuss pay scale revisions, annual increments, allowances and other benefits, the report from NDTV Profit said.
“The April 13 meeting is in continuation of the March 12, 2026, meeting when all drafting committee members of the 8th Pay Commission met to discuss the common memorandum of all employee and pensioner bodies,” said NC-JCM secretary, Shiv Gopal Mishra, in a letter to members of the drafting committee.
The government has not yet announced the official date for the salary increase. Arrears will be calculated based on the date fixed for the implementation of the 8th Pay Commission
even as employee and pensioner groups press for arrears to be calculated from January 1, 2026, the report said.
The Federation of National Postal Organisations has asked the government to merge the 58 per cent dearness allowance with basic pay and give interim relief from the same date.
The salary increase will hinge on the fitment factor the government adopts which analysts expect to exceed 2.5. Some employee groups have sought a fitment factor of 3.15, even though the official decision may take over a year, the report said.
Pankaj Chaudhary, MoS Finance, told Parliament in March that the 8th Pay Commission will make its recommendations on pay, allowances, pensions, and other benefits for central government employees. The 8th Pay Commission is expected to complete this work within 18 months from November 2025.
Business
Thane-Borivali Twin Tunnel Work Launched; Here’s How TBM Nayak Will Transform Travel For Mumbaikars

Mumbai: The first Tunnel Boring Machine (TBM), named Nayak, has been launched to begin excavation for the Thane–Borivali Twin Tunnel project today. The inauguration was officially done by Chief Minister Devendra Fadnavis along with Deputy Chief Ministers Eknath Shinde and Sunetra Pawar. Transport Minister Pratap Sarnaik was also present at the event, which took place at the TBM launch site in Manpada, Thane.
At present, the 23-kilometre journey between Thane and Borivali takes anywhere between 60 and 90 minutes, largely due to heavy congestion on Ghodbunder Road. Once completed, the new tunnel route will bring this travel time down to just 15 minutes, offering a faster and more reliable commute. The project, which began on May 19, 2023, is expected to be completed by May 2028.
Implemented by MMRDA, the project also includes connecting roads linking the Western Express Highway in Borivali and Ghodbunder Road in Thane.
A machine built for Mumbai’s toughest terrain, a 13.34-metre diameter single-shield TBM—among the largest deployed in urban tunnelling. Weighing nearly 2,500 tonnes and assembled from over a thousand components, the machine represents cutting-edge engineering tailored for challenging geological conditions.
Meanwhile, prior to this, Phase 1 of the long-awaited Metro Line 9 rail service between Dahisar East and Mira Bhayandar was inaugurated. CM Devendra Fadnavis, along with Deputy CM Eknath Shinde, Transport Minister Pratap Sarnaik, and Mumbai Mayor Ritu Tawde, were present at the inauguration ceremony of phase 1 connecting Dahisar East to Kashigaon.
The 4.97 km line connecting Dahisar and Kashigaon, with stations at Pandurang Wadi and Miragaon, is expected to provide relief to commuters in the Mira-Bhayander region, which currently depends heavily on road transport, leading to frequent traffic congestion.
Business
Govt doubles daily 5-kg LPG cylinder quota for migrant labourers across states

New Delhi, April 7: The Centre has decided to double the daily allocation of 5-kg free trade LPG (FTL) cylinders available for distribution to migrant labourers across states, according to an official communication.
The Petroleum Ministry said in a notification the enhanced allocation will be based on the average daily supply of cylinders provided to migrant workers.
The revised allocation goes beyond the earlier cap of 20 per cent specified in March announcement.
The government also said that the additional 5-kg FTL cylinders will be placed at the disposal of state governments and their Food and Civil Supplies Departments for distribution exclusively to migrant labourers with the assistance of oil marketing companies (OMCs).
Earlier, the government had said it was making all efforts to ensure adequate availability of petrol, diesel and LPG amid the prevailing geopolitical situation, while advising citizens to avoid panic buying and rely only on official sources for information.
Consumers were also encouraged to use digital modes for LPG bookings and minimise visits to distributors unless necessary.
The government has prioritised domestic LPG and PNG supplies, along with critical sectors such as hospitals and educational institutions.
It has also implemented several demand and supply-side measures, including enhancing refinery output and increasing LPG booking intervals to 25 days in urban areas and up to 45 days in rural areas.
To ease pressure on LPG demand, alternate fuels such as kerosene and coal have been made available, while states have been advised to expand PNG connections.
The government also said there has been no disruption in LPG supply affecting migrant workers.
According to official data, around 51 lakh domestic LPG cylinders were delivered recently, with online bookings rising to 95 per cent and delivery authentication-based distribution increasing significantly to curb diversion.
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