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(Reuters) In a regulatory filing, Reliance said Future Group companies comprising Future Retail Limited (FRL) and other listed companies involved in the scheme have intimated the results of the...
Apr 23, 2022 · In a regulatory filing, Reliance said Future Group companies comprising Future Retail Limited (FRL) and other listed companies involved in the scheme have intimated the results of the voting on the scheme of arrangement by their shareholders and creditors at their respective meetings.
Feb 9, 2021 · The US e-commerce giant and Mumbai-based Future Group, whose retail assets billionaire Mukesh Ambani ’s Reliance Industries agreed to buy for $3.4 billion in August, are locked in a dispute over that deal.
Future group's FMCG arm FCL defaults on payments of Rs 449.04 crore till June-end. Future Consumer Ltd (FCL), the FMCG arm of debt-laden Future Group, disclosed on Saturday that it defaulted on payments totaling Rs 449.04 crore as of June 2024.
Jan 26, 2022 · Cash-strapped Future Retail Tuesday moved the Supreme Court to challenge potential insolvency proceedings over missing loan repayments, even as independent directors of the company rejected a Rs 7,000-crore offer by US-based private equity firm Samara Capital backed by Amazon.
Kishore Biyani, founder & CEO of Future Group, faces the decline of his business empire. Heavy debts, a series of acquisitions, and diversification into non-core ventures contributed to the downfall. Now, Reliance Retail and Naveen Jindal's Jindal (India) are vying to acquire the remnants.
Mar 1, 2022 · The Mumbai bench of the National Company Law Tribunal has allowed Future Group to seek creditors approval for its proposed ₹24,713 crore deal with Reliance Industries Ltd. It passed an order...
Jun 29, 2022 · Future Retail’s IBC process may not lead to deep haircut for banks. Future Group, which is on the brink of liquidation, is currently locked in a long-drawn-out legal dispute with Amazon.
Dec 20, 2021 · Listed companies under the group such as Future Retail, Future Lifestyle Fashions, Future Enterprises and Future Consumers jumped sharply by 20 per cent on the BSE and NSE during today’s intra-day trading session.
Feb 28, 2022 · BENGALURU, Feb 28 (Reuters) - Shares in Future Group companies surged on Monday, following reports that India's top retailer Reliance Industries (RELI.NS) would take over at least 200 Future...
