As Reliance Industries Ltd (RIL) stepped into the e-commerce space with JioMart, speculations ran rife over two of world's richest individuals up for a confrontation in the market. But RIL's proposed acquisition of Future Group's retail business has just pitched both behemoths, Jeff Bezos' Amazon and Mukesh Ambani's RIL, against each other in a legal battle, which now seems to be heading towards a long-drawn war.

After a Singapore arbitration court ordered a temporary halt in the acquisition process, Future Retail has hinted at challenging the interim order.