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Page 8 - Future Group

Amazon's letter is nothing but an afterthought, says Future group

The spokesperson said all related-party transactions and records of fund utilisation were on record and part of the public disclosures made by the company as part of standard governance practices

Amazon's letter is nothing but an afterthought, says Future group
Updated On : 26 Nov 2021 | 1:08 AM IST

Amazon writes to FRL independent directors alleging financial anomalies

The CCI will meet Amazon and Future Coupons Pvt Ltd (FCPL) representatives in January next year in connection with the matter

Amazon writes to FRL independent directors alleging financial anomalies
Updated On : 25 Nov 2021 | 9:57 PM IST

Amazon-Future case: SC irked over parties filing '22-23 volumes of records'

The Supreme Court Tuesday asked whether the purpose was just to drag on or harass the judges and sought a common small compilation of documents

Amazon-Future case: SC irked over parties filing '22-23 volumes of records'
Updated On : 23 Nov 2021 | 11:52 PM IST

Amazon asked Future to withdraw FEMA violation complaint before CCI

US giant Amazon had asked Kishore Biyani-led Future Group to withdraw its complaint in CCI as the two discussed a possible end to bitter tussle over investments, according to sources. Also, the sources said, a possible exit of Amazon - which is contesting the deal between Future group and Reliance Retail - in lieu of compensation was also discussed. Officials of Amazon and Future Group had a meeting a couple of weeks back but the US firm maintained that any suggestion of it seeking compensation to end the tussle with Future is "misplaced and motivated". Amazon, during the meeting that also included Future Group promoter Kishore Biyani, had hinted towards an out-of-court settlement of the ongoing tussle by asking for the withdrawal of Future's complaint over alleged violation of the Foreign Exchange Management Act (FEMA) rules by misrepresenting facts before the Competition Commission of India (CCI), they added. Amazon had asked the Future Group to withdraw the complaint filed by ..

Amazon asked Future to withdraw FEMA violation complaint before CCI
Updated On : 22 Nov 2021 | 9:35 PM IST

Top headlines: Tata Steel Q2 PAT surges 661%; ZEEL Q2 net profit rises 187%

Business Standard brings you the top stories from today

Top headlines: Tata Steel Q2 PAT surges 661%; ZEEL Q2 net profit rises 187%
Updated On : 11 Nov 2021 | 8:49 PM IST

Covid LIVE: Kerala clocks 7,540 new cases, 259 deaths in last 24 hrs

Live news updates: The world is on track for disastrous levels of global heating despite carbon-cutting pledges from governments at the UN COP26 summit, say analysts.

Covid LIVE: Kerala clocks 7,540 new cases, 259 deaths in last 24 hrs
Updated On : 10 Nov 2021 | 7:02 PM IST

Top headlines: India to tax blockchain system, UK recognises Covaxin

Future Retail goes to the Supreme Court in the latest round of its fight with Amazon. More on that story in Business Standard's top headlines at this hour.

Top headlines: India to tax blockchain system, UK recognises Covaxin
Updated On : 09 Nov 2021 | 7:27 AM IST
Updated On : 09 Nov 2021 | 1:04 AM IST

Future group cos defer shareholder, creditors meeting for RIL deal approval

Future group firms have deferred meetings of their respective shareholders on the direction of the NCLT

Future group cos defer shareholder, creditors meeting for RIL deal approval
Updated On : 08 Nov 2021 | 9:41 PM IST

ED seeks documents from Future related to 2019 deal with Amazon: Report

In a confidential notice, the agency also sought copies of legal filings, supporting documents submitted by Amazon, Future, say sources

ED seeks documents from Future related to 2019 deal with Amazon: Report
Updated On : 08 Nov 2021 | 8:12 PM IST

LIVE: Merck's Covid pill secures green light from UK regulator

Live news updates: Bharat Biotech's home-grown Covid-19 vaccine now many be used for Covid-19 inoculation in poor countries.

LIVE: Merck's Covid pill secures green light from UK regulator
Updated On : 04 Nov 2021 | 5:11 PM IST

Amazon moves Supreme Court against Future Group shareholders' meet

Amazon has sought the top court's direction to set aside the NCLT order that allowed Future Group firms to hold EGMs for Reliance Retail deal

Amazon moves Supreme Court against Future Group shareholders' meet
Updated On : 21 Oct 2021 | 11:50 PM IST

Top headlines: Recurring payment norms irk users; domestic airfares soar

Airfares on certain routes are up by 30-45% higher during Diwali. This and more on our top headlines today

Top headlines: Recurring payment norms irk users; domestic airfares soar
Updated On : 21 Oct 2021 | 7:19 AM IST

NCLT allows Reliance Retail's shareholders to hold meetings for Future deal

The NCLT said the objections raised by American retail giant Amazon were premature and could be dealt with later

NCLT allows Reliance Retail's shareholders to hold meetings for Future deal
Updated On : 19 Oct 2021 | 1:38 AM IST

Future awaits Singapore arbitration verdict; Amazon says not settling

Amazon says its openness for a dialogue should not to be 'misconstrued as an offer for settlement'

Future awaits Singapore arbitration verdict; Amazon says not settling
Updated On : 12 Oct 2021 | 2:23 PM IST

Future group firms convene shareholder meetings to seek nod for RIL deal

The scheme of arrangement between Future and Reliance Retail, announced in August last year entails consolidation of Future Group's 19 companies into one entity -- Future Enterprises Ltd.

Future group firms convene shareholder meetings to seek nod for RIL deal
Updated On : 11 Oct 2021 | 9:39 PM IST

Reliance Retail Ventures brings 7-Eleven to India after Future exit

First convenience store set to open tomorrow in Andheri East

Reliance Retail Ventures brings 7-Eleven to India after Future exit
Updated On : 08 Oct 2021 | 1:33 AM IST

Reliance Retail to launch 7-Eleven stores in India after Future Group exit

Future had agreed to sell its retail assets to Reliance, but the deal hit a roadblock after Amazon.com challenged it.

Reliance Retail to launch 7-Eleven stores in India after Future Group exit
Updated On : 07 Oct 2021 | 10:12 AM IST

Reliance Industries extends deadline to complete Future group deal

The deal has been contested by Amazon, an investor in Future Coupons, which in turn is a shareholder in Future Retail

Reliance Industries extends deadline to complete Future group deal
Updated On : 02 Oct 2021 | 2:06 AM IST

Reliance Retail extends deadline by 6 months to complete Future buyout

'Reliance Retail Ventures Limited extended the timeline for Long Stop Date from September 30, 2021 to March 31, 2022,' says Future Retail

Reliance Retail extends deadline by 6 months to complete Future buyout
Updated On : 01 Oct 2021 | 4:36 PM IST