India’s Supreme Court ruled in favor of Amazon’s bid to block a multibillion-dollar deal that would give the country’s richest man control over an Indian supermarket chain, in a boost to the American retailing giant’s ambitions toward India’s nearly $900 billion retail market. Amazon is embroiled in a bitter, politically fraught clash with Reliance Industries, one of the biggest and most powerful companies in India.
Read the article: The New York Times
