Future Group Future Retail

Garment producers demand Rs 200 cr dues from Kishore Biyani's Future Group

The All India Garment Manufacturers & Vendors Association (AIGMVA) has demanded that Future Group owner Kishore Biyani should pay up their dues of over Rs 200 crore pending since 2019, here on Wednesday.

Delhi HC rejects Future Group plea to terminate arbitration before SIAC

Judge says he hasn't expressed any opinion on merits of the arguments raised by the parties; arbitration before SIAC will continue as intended

Future Group trying to stall proceedings amid legal row with Amazon: SC

The Supreme Court said it 'was concerned' that the Future Group was trying to stall the proceedings before the Singapore Arbitral Tribunal

Adani, Reliance among 15 bidders in race to buy Future Retail's assets

Capri Global Holdings, OP Jindal group's Nalwa Steel and Power, Shalimar Corporation among companies expressing interest

Future Retail insolvency: Deadline for bids extended to November 3

The deadline for submission of expression of interest for debt-ridden Future Retail Ltd (FRL) has been extended by almost two weeks to November 3. As per the modified invitation of expression of interest (EoI) for the Future Group firm undergoing Corporate Insolvency Resolution Process (CIRP), the last date for the prospective buyers to submit their EOI is November 3. Earlier, the last date for the prospective resolution applicants (PRA) for submission of EoI was October 20, 2022. Now, a final list of PRAs will be published on November 20, 2022 and the deadline for the submission of the resolution plan is December 15, 2022, as per the modified invitation for submitting EoI. "It is clarified that the EOIs submitted by all interested prospective resolution applicants... prior to this corrigendum and Modified IEOI shall continue to be considered in the ongoing corporate insolvency resolution process of FRL and need not be resubmitted," it added. PRAs should have a minimum tangible ne

Supreme Court to hear Amazon's appeal against NCLAT order on October 11

CCI had suspended the 2019 investment deal between Amazon and Future group firm (Future Coupons) and NCLAT had upheld CCI's decision

Financial creditors to Future Retail place claims worth Rs 21,000 cr

60% of such claims are from state-owned banks and other creditors, shows data on company's website

What's the future of Future Group stocks? Here's what technical charts say

Market participants should avoid bottom fishing at the these counters and wait for a fresh trend to emerge.

What does the Future deal collapse mean for Amazon and Reliance?

The battle between Amazon and Reliance over Future Group took another twist when Reliance abandoned its plan to acquire the firm. What would this mean for the retail ambitions of Amazon and Reliance?

Amazon, Future will approach Singapore tribunal to resume arbitration: SC

SC on Wednesday observed that parties will approach tribunal led by Singapore International Arbitration Centre to resume arbitration proceeding in relation with merger deal of FRL with Reliance Retail

Future Group shares hit record lows; Future Retail tanks 16% in two days

Future Group companies will convene meeting with their respective shareholders and creditors on April 20 and 21 to get their approval for the Rs 24,713-crore deal with Reliance Retail

Amazon's demand for $200 million sank settlement talks with Future

Amazon has for months blocked the $3.4 billion sale of Future's retail assets to rival Reliance, announced in 2020, citing a breach of certain contracts

New Zealand's Fonterra ends partnership with Future after Covid disruptions

New Zealand dairy giant Fonterra Co-operative Group Ltd will wind down its 2018 joint venture with Future Consumer Ltd in the wake of COVID-led disruptions, Future said on Thursday.

Reliance takes over operations of 200 Future Group's stores

Reliance Industries is in the process of transferring 30,000 Future Group employees to its staffing and manpower firm

Delhi HC to hear all pending Amazon, Future Group pleas together on Friday

The Delhi High Court on Tuesday said it will club together and hear all the pending petitions related to the Amazon and Future dispute in connection with the 2019 deal between the firms

Stocks to Watch: RBL Bank, TVS Motors, Fino Payments Bank, PNB, Telecom

3i Infotech, BEL, Dixon Tech, Kotak Bank, Karnataka Bank, Larsen & Toubro, Marico, NIIT, Naukri, Suzlon, United Breweries and Vedanta to announce results today.

Supreme Court to hear Future Retail's plea against lenders on January 31

The Kishore Biyani-led company had filed a petition, requesting the Supreme Court to pass an order to refrain its lenders from declaring it as an NPA

FRL's independent directors acting for benefit of promoters: Amazon

It is not for the benefit of FRL's shareholders, creditors, vendors and employees, alleged Amazon's letter to FRL's independent directors

Amazon's offer legally invalid, can't accept: FRL independent directors

Independent directors of Future Retail have turned down Amazon's offer of financial support to the company through a deal with private equity firm Samara Capital

Sensex sheds 621pts amid Omicron woes, weak global cues; Nifty below 17,750

Market participants are already concerned about the rapid global spread of the highly infectious Omicron Covid variant