Page 18 - Future Retail

Share prices of Future group firms rise on hopes of deal with RIL

RIL entry will lead to Amazon's exit from promoter entity

Future Enterprises hits 5% upper circuit as board to consider raising funds

Other Future Group companies' stock also rallied on the development, with Future Retail surging 7 per cent

MARKET WRAP: Sensex pares gains to end 45 pts up; financial stocks rally

All that happened in the markets today

Future Retail averts default, pays Rs 100 cr of interest on foreign bonds

Future Retail shares on Monday closed 6.62 per cent down at Rs 114. This is because one of its lenders sold the firm's pledged shares because of default

Future Retail repays $14 mn interest to investors, averts default

Kishore Biyani-led Future Retail has averted a default as it repaid around $14 million (around Rs 100 crore) interest on foreign bonds to investors.

Top headlines: Future Retails averts default, airport privatisation, more

Business Standard brings to you a snapshot of top events which made the headlines today

Future Group stocks rally on report Co may merge subsidiaries; RIL adds 1%

Once the merger is complete, Reliance Industries will be investing Rs 8,500 crore in the merged entity, resulting in the Mukesh Ambani-led conglomerate owning close to 50 per cent in it

Future Enterprises board likely to discuss merger plan on Saturday

RIL may pick up 50% in merged entity

India Inc's foreign loans fall 35% on Future Retail default, shaky economy

Interest rates have gone up to as high as 10%, making it uneconomical to raise funds from abroad

Reliance plans to follow Jio's success in e-commerce, retail, other biz

Next on the list: media and entertainment, e-commerce, a series of online businesses, and retail

RIL close to acquiring Future Retail, finalises plan with lenders

RIL, Future stocks go up on finalisation of acquisition talks

Covid-19 impact: Debt woes keep future uncertain for Kishore Biyani firms

Aggressive expansion plans have led to cost overrun, sliding profits for Future Group firms

India Inc's deal activity at a 6-year low amid Covid-19 pandemic

Last year, India Inc sealed deals worth $88.88 billion in the January-July period, but this year the total transactions are $56.73 billion, fueled mainly by RIL-Jio deals

Fitch downgrades Future Retail's long-term rating to 'C' on missed coupon

The company has a 30-day grace period to meet its obligations; if it can't Fitch could downgrade its IDR and bond rating further

Future Retail defaults on foreign bond coupon payment, faces S&P downgrade

Cites liquidity pressure, depressed operating cash flow, delays in disbursement of credit lines from banks

Lenders may convert part of Kishore Biyani's Future Retail debt into equity

RIL is in talks with banks for a possible takeover

Future Consumer zooms 141%, Future Retail rallies 94% in one month

According to the report, Reliance Industries is closing in on a deal that would see it acquire stakes in some units of Future Group.

Mukesh Ambani nears deal to buy stake in some units of Future Group

An agreement between Ambani's Reliance and Future, which already has a partnership with Amazon.com Inc., could be announced as early as next month

Amazon, Carlyle, Brookfield vie for Biyani's Future Supply Chain Solutions

Future Supply Chain Solutions (FSC) is a third-party supply chain and logistics service provider that offers warehousing facilities also.

Future Group in advance talks with RIL to sell stake in retail biz: Report

Future Retail operates 1,500 retail stores that cover over 16 million square feet of retail space in 400 cities