The Delhi High Court was informed on Friday that Future Group and Amazon are in settlement talks pursuant to an arbitral award by the Singapore International Arbitration Centre (SIAC) directing the former party to pay 23.7 crore in damages to the latter. (Future Coupons v. Amazon NV holdings) Justice Jasmeet Singh, who was hearing petitions filed by Future Coupons and Ashni Biyani challenging the SIAC award, adjourned the case to January 14, 2026. In June 2025,the SIAC tribunal awarded 23.7 crore in damages to Amazon in its long-running dispute with the Future Group over the latter’s 2020 transaction with Reliance Industries. The tribunal also ordered payment of 77 crore towards legal costs incurred in the arbitration, in addition to approximately 6 crore towards arbitration
Future Group, Amazon in Settlement Talks Post Rs23.7 Crore SIAC Award: Lawyers to Delhi High Court
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