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Amazon claims ₹7,000 crore has been diverted from Future Retail

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The letter, dated Nov. 24, comes as India’s antitrust authority is hearing a petition from Future Retail to revoke regulatory approval of a 2019 deal between one of its group companies and an Amazon unit (Mint)

Amazon.com Inc., which is trying to prevent India’s richest man from taking over a struggling retail chain, fired another salvo by claiming money from the local company may have been funneled into other companies.

Future Retail Ltd. has transferred 70 billion rupees ($939 million) in the year ending March 2020 as an advance of capital to a company controlled by founder Kishore Biyani and as payment for goods and services purchased from the related company, Amazon said in a letter seen by Bloomberg News. Future Retail also created unusual rental deposits and made advances to suppliers totaling rupees 43 billion in the same year, even as the company collapsed and closed stores, Amazon said.

“Significant amounts may have been derived from Future Retail,” Amazon said. By settling at least a portion of these transactions, Future Retail will be able to “immediately partially repay outstanding debts to banks and creditors to ensure business continuity and survival,” it added.

The US giant flagged a copy of the letter to India’s finance minister, central bank governor, capital markets regulator and other authorities, requesting an investigation.

An investigation would risk the planned acquisition of Future Retail by Mukesh Ambani’s Reliance Industries Ltd. slowing down, making it harder for the tycoon to increase his footprint. Ambani and Amazon are engaged in a battle for dominance of the world’s largest market open to foreign competition, with the battle unfolding in courts in India and abroad, as well as the country’s regulators.

The letter, dated Nov. 24, comes as India’s antitrust authority hears a petition from Future Retail to revoke regulatory approval of a 2019 deal between one of its group companies and an Amazon unit, stating that the U.S. retailer lied to the regulator. Amazon says Future Retail’s plan to sell its stores to Amazon’s rival Reliance is in breach of its 2019 partnership contract, while the indebted Indian group would collapse if the transaction fails.

Amazon’s “baseless and malicious” allegations are an afterthought of the notice made to Amazon by the Competition Commission of India, a Future Retail representative said in an email, adding that Amazon has no place to address the letter. since this is not the case. a shareholder or creditor of Future Retail. An Amazon India representative declined to comment.

This story was published from a news agency feed with no text changes. Only the headline has been changed.

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Assam Lottery Results Today 5:00 PM

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assam lottery

Assam is known for its tea plantations, rich wildlife and silk production. It is also famous for its lotteries. Lotteries are a great way for people to try their luck and win a huge amount of money. With the lottery buzz in the country increasing, people should be aware of the fact that there are various illegal lotteries online and offline. There was a time when lotteries were completely banned in India. Now, however, times have changed and the Supreme Court has authorized 13 states to hold legal lotteries. The state of Assam is one such state where drawing a lottery is legal.

Assam State Lottery Results for October 24 | Results ‘Singam Green Lottery’ announced at 5pm; 1st Prize at ₹10 Lakhs

The government of Assam controls the operating system. The 12 other states that organize legal lotteries are Goa, Maharashtra, Kerala, Madhya Pradesh, Punjab, West Bengal, Arunachal Pradesh, Meghalaya, Manipur, Sikkim, Nagaland and Mizoram. The Assam Lottery consists of three results that are published daily.

The results of the Assam Future Lottery will be announced at 12 noon.

The results of the Assam Singam Lottery will be announced at 5:00 PM.

The results of the Assam Kuil Lottery will be announced at 8 p.m.

The Assam Lottery will be held at PWD-IB Complex, Tengapara, Kokrajhar, Assam 783370. The results of the ‘Singam Green Lottery’ will be announced at 5:00 PM on the official website http://assamlotteries.com/. The first prize for the Singam Green Lottery is ₹10 lakhs. The ticket costs ₹10. Several other prizes and categories are as follows:

ASSAM SINGAM GREEN LOTTERY RESULTS – 5pm

1st Prize – ₹15 Lakhs (one person)

2nd Prize – ₹20,000 (ten people)

3rd Prize – 2,000 (ten people)

4th Prize – 1,000 (ten people)

5th Prize – ₹250 (ten people)

ASSAM FUTURE LOTTERY – 12 HOURS

1st Prize – ₹10 Lakhs (one person)

2nd Prize – 10,000 (ten people)

3rd Prize – 1,000 (ten people)

4th Prize – ₹500 (ten people)

5th Prize – ₹200 (ten people)

ASSAM PIT LOTTERY – 8pm

1st Prize – ₹10 Lakhs

2nd Prize – ₹10,000

3rd Prize – ₹1,000

4th Prize – ₹500

5th Prize – 200

The Assam Lottery is organized and regulated by the state recognized authority, ‘Bodoland Territorial Council (Assam)’. The ‘Claim Forms’ can be derived from the official website http://assamlotteries.com/. The information must be entered in capital letters. The winner may also be required to enclose a valid photo ID with this form. The forms must be submitted within 30 days of the declaration of results.

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ADL: Holocaust denial still ramps up on Facebook, despite ban imposed year ago

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ADL: Holocaust denial still ramps up on Facebook, despite ban imposed year ago

The Anti-Defamation League has said that, a year after Facebook banned the platform’s Holocaust denial, there are still “enforcement cracks” that allow deniers to spread hateful language.

While Facebook has banned certain search terms related to Holocaust denial, others remain available, displaying videos and pages.

“There is still a lot of Holocaust denial on Facebook,” ADL CEO Jonathan Greenblatt said this week. “We urge the platform to take additional steps to address these cracks in enforcement and ensure that the ban is applied more consistently across the platform.”

The ADL noted that the content it marked as Holocaust denial in several instances had gone untouched by the platform.

It also said that groups engaged in conspiracy theories, while not exclusively Holocaust denial, also trade in denial claims.

“As ADL has explained to Facebook for years, Holocaust denial is hate speech. It is the deliberately anti-Semitic attempt to claim that the Holocaust never happened or that a much smaller number of Jews perished,” Greenblatt said. “This offensive content is causing pain and harm to Jews, especially at a time of growing concern about anti-Semitic incidents.”

In the past year, Facebook has become increasingly active in combating Holocaust denial, removing objectionable content and redirecting people seeking information about the Holocaust to accurate information from third parties, using the same approach it has taken. followed for misinformation about elections and COVID-19.

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Bombers are big favorites, but long interruptions and bad weather could play a part in CFL West Final against Riders

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It will probably come as no surprise to many that the Canadian Football League’s first ever game to be played in Winnipeg in December is expected to take place in inclement weather.

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The forecast for Sunday’s western final between the Winnipeg Blue Bombers and Saskatchewan Roughriders at IG Field (3:00 p.m., TSN), calls for 2-4 inches of snow, northerly winds of 50-70 kph and wind chill in the range of – 24 C.

Whatever the game plan for the Bombers – favored by 8.5 points – and their Saskatchewan prairie rivals, much of it could be thrown out the window if the aforementioned terms come to fruition.

“Decisions will have to be made that will have to change based on the weather, but that’s no different than any other situation,” said Bombers head coach Mike O’Shea on Saturday, after his team held a final walkthrough on IG. field.

“If it’s a heavy rain, the game still goes on, and if it’s really windy in the summer, you have to make other decisions.

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“Both teams will be affected in some way by it, and whoever handles it best will do better, I think. The game is played, and under those circumstances we’ll see how it unfolds, and that decisions will be made under those circumstances. You have to take in all the information and the weather is just one of those pieces of information that you have to take in.”

The start of the 2021 CFL season was postponed to August due to the COVID-19 pandemic, and the schedule was shortened to 14 games, plus playoffs.

That pushed the schedule to December for the first time since the 1930s.

The last game ever played in Winnipeg was November 29, which was the 2015 Gray Cup. The last game involving the Bombers was on November 24, 1962.

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Anyway, the Bombers think they are ready after putting together an excellent season in which they took first place on October 23 and have been preparing for this playoff game ever since.

“It feels like we’ve been waiting for this for a long time,” said Bombers quarterback Zach Collaros, the West’s nominee for CFL Most Outstanding Player. “I think we handled it very well. We took advantage of the position we were in leading up to this and everyone is excited to get out there and play. ”

The Bombers are priceless favorites (8.5 points) after setting an 11-3 record in the regular season and finishing in first place. They led the league in many offensive and defensive categories, beating the second riders (9-5) twice and not allowing a single touchdown in the two games.

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Winnipeg’s defense was approaching historic levels, allowing just 13.4 points per game and forcing league-high 38 turnovers.

The Bombers essentially have their optimal lineup (which includes 15 all-stars) intact – although starring Andrew Harris is a game-time decision – and they should be very hard to beat. Even if Harris can’t go, the Bombers have a lot of depth with running backs Brady Oliveira and Johnny Augustine and have proven they can win all season with them.

However, the weather and the fact that they haven’t played a meaningful game in six weeks since taking first place could work against the Bombers.

“We practiced under the conditions,” said Bombers defense attorney Willie Jefferson. “Some days it’s been rainy, some days snowy, some days windy, it’s been cold all the time. We’ve been practicing in this weather for a week and a half and we’re ready to hit some balls and get those pads clapping.”

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The Riders defeated the Calgary Stampeders 33-30 in overtime in last week’s West Semifinals in Regina and are coming in well. They’ve done enough to win that game, but will have to be much better — quarterback Cody Fajardo threw four interceptions — if they’re to compete with the Bombers.

The Riders could be without one of their top receivers as Duke Williams, who caught five passes for 55 yards last week, is a game decision due to the turf toe.

The people of Winnipeg are concerned that it will be difficult for the Bombers to quickly return to high gear after finishing the season with three insignificant games and a farewell week.

Linebacker Adam Bighill, who is in line for his third Most Outstanding Defensive Player award at the Gray Cup in Hamilton next week, said there is every reason to believe the Bombers will be in top form on Sunday.

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He said players have been in the stadium for 10 hours a day since the team took first place, doing the kind of work it takes to get ready for such a big game.

“If you look at the details of the performance that we have as we work, I think it’s very high,” Bighill said. “And the reason is that we’ve put in extra work to make sure that when we’re on the pitch, every opportunity is bright and clean, as detailed as we like it to be.

“When you’re working, you build trust. When you build the confidence, the nerves disappear because you know what’s going to happen. You know how to handle the situation and you know what to do.”

As the heavy favorites – and given their dominating regular season – there is no doubting the pressure on the Bombers to win this game and chase their second consecutive Gray Cup title next week in Hamilton.

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More than 30,000 spectators are expected to brave the weather conditions and cheer on the Bombers as they play a division final at home for the first time since 2011.

There is a lot at stake.

“Pressure is probably the word to use, but the way you handle pressure is through preparation,” Collaros said. “It feels like we’ve been preparing for this game for a while, even before we knew who we were going to play against. The phone rings and we’ve had a really good week, but it all depends on the execution.

“We are very much looking forward to the challenge. The Riders are a great football team.”

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