Page 13 - Future Group

In fight with Amazon, Future Retail sees liquidation if Reliance deal fails

Amazon on Sunday won an injunction from a Singapore arbitrator to halt FRL's deal to sell assets to Reliance

Amazon-Future dispute: Kishore Biyani may look for mutual settlement

Time running out for Future Group, which has defaulted on debt payments

Top headlines: Future Group stocks under pressure; taxes on fuel may rise

Business Standard brings to you a snapshot of events which made it to the news on Monday

Future Group may challenge arbitration award putting RIL deal on hold

Future Group said it is not a party to the agreement under which Amazon has invoked arbitration proceedings and the deal cannot be held back through the arbitration process

Future-RIL deal: Amazon gets a favourable ruling in arbitration case

Future can't go ahead with its Rs 24,713-crore deal with Reliance till the completion of the arbitration process as the emergency arbitrator ruling is in 'toto'

Amazon gets interim relief; arbitration panel puts RIL-Future deal on hold

Amazon had dragged Future to arbitration after the Kishore Biyani group firm had agreed to sell businesses to billionaire Mukesh Ambani's Reliance

Future-RIL deal: Jeff Bezos-Kishore Biyani battle begins in Singapore

This follows a dispute over Future's sale of its retail and wholesale businesses to MukeshAmbani-led Reliance Industries Ltd

Verdict on Amazon arbitration plea over Future-RIL deal expected soon

Rajah, former Attorney General of Singapore, is expected to deliver his judgment in the next few days, the sources said

Pandemic shock forced me to exit retail biz: Future Group founder Biyani

Future Group founder says lost about Rs 7,000-crore revenue in 3-4 months; he would now 'think small' and focus on becoming digital-first

Biyani's 'very honest' admission of why he had to sell Future Group to RIL

Company did 'too many acquisitions' and when Covid-19 struck it lost nearly Rs 7,000 crore revenue, says retail tycoon.

Private equity firm Blackstone seeks clarity on Reliance-Future deal

Fate of PE firm's Rs 1,750-crore investment remains uncertain

Amazon's arbitration proceedings against Future Group may start from Nov

This follows a dispute over the Future's sale of its retail and wholesale businesses to Reliance Industries Ltd (RIL)

Future group, Amazon to initiate arbitration proceedings over RIL deal

Amazon says the deal violates the no-compete contract signed with the Future group and the RIL-Future deal will derail its plans to buy a stake in Future Retail Ltd

Amazon notice to Future on RIL deal: India's raging retail war explained

Amazon has sent a legal notice to Future Group, alleging the Indian retailer breached the terms of its contract by signing a deal with Mukesh Ambani's Reliance Industries

Future Group to go for mediation over Amazon's legal notice on RIL deal

Amazon.com Inc has slapped a legal notice on Future Group, alleging that the retailer's Rs 24,713 crore asset sale to Reliance Industries violated an agreement with the e-commerce giant

Forbes India Rich List 2020: Ambani dominance continues; see full list

With a global health crisis raging, listed pharma entrepreneurs fared well while those with interests in real estate suffered

Amazon takes on Future Group over deal with Reliance, sends legal notice

A top industry source said the notice was unexpected as Biyani had first approached Amazon for a takeover of the Future Group companies before defaulting to its lenders and suppliers.

Amazon sends legal notice to Future Group over Reliance deal: Report

Amazon, in its legal notice, cited a contract arrangement that included "a restricted list" of companies Future was not supposed to enter deals with, according to the report

Abu Dhabi Investment Authority invests Rs 5,512.50 cr in Reliance Retail

With eight deals in four weeks, analysts were expecting the valuation of the firm to touch at least Rs 4.5 trillion

Future Group arm defaults on debt repayment of Rs 22 cr due September 5

In a regulatory filing, the company said it has been unable to service its obligations towards payment of principal redemption and interest due on September 5, 2020