Friction #17: A fight with no clear finish and clout versus reform

Two events in the fortnight gone by are perfect grist for this newsletter. While one signalled that the twists and turns in the legal fight between American e-commerce giant Amazon and the Future Group are far from over, the other is about how the Association of Mutual Funds in India, a representative body of mutual fund houses, managed to almost stymie a much-needed move by the sectoral regulator with regard to investor safety.

Let’s jump right in.

This round goes to Amazon 

Since September last year, when Reliance Industries announced that it was acquiring the retail and wholesale business of …


Jayshree P. Upadhyay

Jayshree is a former writer at The Morning Context. As journalist, she had nearly a decade of experience across Mint, Business Standard and Bloomberg TV India. The bulk of her career has been devoted to tracking the capital markets regulator, exchanges, regulatory policies, financial scams and corporate governance issues. One of her biggest breaking stories was her incisive coverage of the colocation scam which put the lapses at NSE in the public domain.