Page 4 - Future Group

Future-Amazon case: Supreme Court lifts stay on SIAC arbitration

The SC said in its order that the interim application will be transmitted to the Delhi High Court as agreed by both parties and as proceedings have already begun there

File response on SIAC award petition: Delhi High Court to Future

The latest hearing comes after the Supreme Court asked Future Group and Amazon to request HC to hear the case on the enforcement of the emergency arbitration award passed by SIAC

Amazon, Future to appear before Singapore International Arbitration Centre

SC asks both parties to urge Delhi HC to hear enforcement pleas of US firm first

SC on Monday to hear Amazon plea on restraining alienation of FRL's assets

SC is scheduled to hear on Monday submissions of Amazon, seeking an interim order to ensure that FRL assets, not be alienated till dispute over its merger with Relaince Retail is decided by tribunal

Top Headlines: Tax collections at Rs 13 trn; PSBs stare at Rs 13k crore-hit

In FY22, direct tax collections broke all records, touching Rs 13,81 trillion. Future Retail and Future Enterprises defaulted on loan repayments worth Rs 8,157.97 crore. More in our top headlines:

Future Retail defaults on repayment of Rs 5,322-cr debt

Future Retail Ltd said it has missed the due date for repayment of Rs 5,322.32 crore to lenders on account of the ongoing litigations with Amazon and other related issues

Took steps to ensure biz continuity: RIL defends takeover of Future stores

Future Retail had earlier written to RIL over the takeover of its stores, according to three people in the know

Future Retail CEO Sadashiv Nayak quits; group entities default on payments

Future Retail is locked in legal battles with US retail major Amazon and has already become a non-performing asset NPA in the current quarter

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

Future group firms to convene shareholder, creditors meeting in April

Future Group's 19 companies operating in retail, wholesale, logistics and warehousing assets would be consolidated into one entity, FEL, and then transferred to Reliance

Future Group stocks hit 52-week lows as FRL clarifies on RIL takeover

Future Retail on Wednesday said that it was committed to taking all actions necessary to seek value adjustments and reversal of takeover of stores by the Reliance group.

SC lifts stay on global tribunal hearing in Amazon-Future Group case

Development follows Delhi High Court stay on SIAC hearing the case on January 5

SC seeks Future's response on Amazon's plea on resumption of arbitration

The Supreme Court asked the Future group to file its reply to an interim plea of Amazon seeking resumption of arbitration over Future Retail's merger deal with Reliance Retail

Amazon-Future case: After talks fail, lenders to FRL may approach NCLT, DRT

Senior bankers said with failure of Future-Amazon talks, banks have to think of legal action only.

Experts say Amazon-Future legal row worsening as US giant flexes muscle

The US e-commerce giant has also warned about taking action against Reliance

Termination notice to 947 Future Group stores from Reliance

Future Group now has about 550 stores of around 1,500, a company official said

Due diligence may delay Future deal; stakeholders to seek more time from SC

Sources also said the takeover of Future stores by RIL scuttles Future Group lenders' options to recover their Rs 17,000-crore ($2.2 billion) debt

How Mukesh Ambani outfoxed Amazon in a $3.4-bn deal dispute

Reliance jolted Amazon by taking over Future's stores, staff even as the e-commerce giant furiously tried to block formal acquisitions through lawsuits and arbitration across India and Singapore

Reliance not interested in a tripartite JV with Amazon, Future Group

On March 3, Supreme Court had adjourned the case between Future Group and Amazon for ten days (till March 15) as the two agreed to the proposal to resolve the dispute through mediation

Sensex leaps 1,163 pts from the day's low, ends 581 pts up; Nifty tops 16K

CLOSING BELL: The winners included Indian Oil Corporation, Sun Pharma, Tata Consumer Products, TCS, Cipla, Shree Cement, NTPC, Tech M, Dr Reddy's Labs, Wipro, Ultratech Cement, and Infosys