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Reliance, Adani Group, And Jindal Power Show Interest In Future Retail
As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process.
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Gautam Adani And Mukesh Ambani-Led Groups Bid For Debt-Ridden Future Retail: Report
Gautam Adani, and Mukesh Ambani have entered the fray to acquire India's debt-laden Future Retail Ltd, a document seen by Reuters shows.
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NCLT Rejects Amazon’s Objections, Orders Insolvency Proceedings Against Future Retail
The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Future Retail under the Insolvency and Bankruptcy Code (IBC). The tribunal also rejected objections raised by Amazon claiming that any bankruptcy proceedings at this stage would compromise the e-commerce company's rights.
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Stocks To Watch: Reliance, Future Group, Airtel, Kotak Mahindra Bank
The domestic stock indices are likely to trade on a weak note today, taking cues from their global peers.
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Stocks To Watch: Reliance Industries, Tata Motors, SBI, Future Group
The domestic stock indices are likely to trade lower on Wednesday, taking cues from their global peers.
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Amazon's Appeal Against Future Group Deal Antitrust Suspension Dismissed by India Tribunal
Amazon’s plea against antitrust suspension of its 2019’s $200 million investment deal with Future Group was dismissed by an Indian Appeals Tribunal. The tribunal held Amazon accountable "for its failure to provide relevant information on the combination".
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Amazon Said to Issue Notice to Future Group, Asks Them to Refrain Transaction With Reliance Industries
Amazon has reportedly sent a notice to Future Group promoters asking them to refrain from entering into any kind of transaction with Reliance Industries group. The e-commerce giant said that the scheme of arrangement between Future Group and Reliance was rejected by the creditors of Future Retail Limited.
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Amazon's Notice To Future Group Promoters To Stop Transaction With Reliance
E-commerce major Amazon has sent a notice to Future Group promoters asking them to refrain from entering into any kind of transaction with Reliance Industries group either directly or indirectly, source aware of the development said on Tuesday.
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Amazon Sends Notice To Future Group Promoters; Bitter Saga Continues
E-commerce major Amazon has sent a notice to Future Group promoters asking them to refrain from entering into any kind of transaction with Reliance Industries group either directly or indirectly, source aware of the development said on Tuesday.
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Future Retail Denies Amazon's Claim Of "Fraudulent Stratagem"
Future Retail Ltd (FRL) has denied Amazon's allegations that the debt-ridden firm's independent directors facilitated a "fraudulent stratagem" in transferring 835 stores to the Reliance group, saying the e-commerce major has been making "baseless" and "irrelevant" claims.
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Amazon Accuses Future Group's Independent Directors Of Fraudulent Strategy
Amazon has accused independent directors of Future Retail of facilitating "fraudulent stratagem" of transfer of 835 stores to Reliance group
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Ashni Biyani Resigns As Managing Director Of Future Consumer Ltd
Ashni Biyani, daughter of Future Group's Chairman Kishore Biyani, has resigned as the Managing Director of Future Consumer Ltd (FCL). Ashni Biyani's resignation has been accepted by the board.
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Future Enterprises To Sell Insurance Business To Avoid Insolvency
Debt-ridden Future Group firm Future Enterprises expects to raise around Rs 3,000 crore from selling its stake in the insurance business to pare debt
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Reliance Retail's March Quarter Pre-Tax Profit Rises To Rs 3,705 Crore
Reliance Retail Ltd on Friday posted a 2.43 per cent rise in pre-tax profit at Rs 3,705 crore for the fourth quarter ended March 2022
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Women's Cricket Looks To Future With New-Style Event In Dubai
An innovative women's cricket tournament grouping established stars with emerging-nation players starts this week as the sport looks to expand globally and outgrow its reliance on the men's game.
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Reliance, Adani Group, And Jindal Power Show Interest In Future Retail
As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process.
-
Gautam Adani And Mukesh Ambani-Led Groups Bid For Debt-Ridden Future Retail: Report
Gautam Adani, and Mukesh Ambani have entered the fray to acquire India's debt-laden Future Retail Ltd, a document seen by Reuters shows.
-
NCLT Rejects Amazon’s Objections, Orders Insolvency Proceedings Against Future Retail
The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Future Retail under the Insolvency and Bankruptcy Code (IBC). The tribunal also rejected objections raised by Amazon claiming that any bankruptcy proceedings at this stage would compromise the e-commerce company's rights.
-
Stocks To Watch: Reliance, Future Group, Airtel, Kotak Mahindra Bank
The domestic stock indices are likely to trade on a weak note today, taking cues from their global peers.
-
Stocks To Watch: Reliance Industries, Tata Motors, SBI, Future Group
The domestic stock indices are likely to trade lower on Wednesday, taking cues from their global peers.
-
Amazon's Appeal Against Future Group Deal Antitrust Suspension Dismissed by India Tribunal
Amazon’s plea against antitrust suspension of its 2019’s $200 million investment deal with Future Group was dismissed by an Indian Appeals Tribunal. The tribunal held Amazon accountable "for its failure to provide relevant information on the combination".
-
Amazon Said to Issue Notice to Future Group, Asks Them to Refrain Transaction With Reliance Industries
Amazon has reportedly sent a notice to Future Group promoters asking them to refrain from entering into any kind of transaction with Reliance Industries group. The e-commerce giant said that the scheme of arrangement between Future Group and Reliance was rejected by the creditors of Future Retail Limited.
-
Amazon's Notice To Future Group Promoters To Stop Transaction With Reliance
E-commerce major Amazon has sent a notice to Future Group promoters asking them to refrain from entering into any kind of transaction with Reliance Industries group either directly or indirectly, source aware of the development said on Tuesday.
-
Amazon Sends Notice To Future Group Promoters; Bitter Saga Continues
E-commerce major Amazon has sent a notice to Future Group promoters asking them to refrain from entering into any kind of transaction with Reliance Industries group either directly or indirectly, source aware of the development said on Tuesday.
-
Future Retail Denies Amazon's Claim Of "Fraudulent Stratagem"
Future Retail Ltd (FRL) has denied Amazon's allegations that the debt-ridden firm's independent directors facilitated a "fraudulent stratagem" in transferring 835 stores to the Reliance group, saying the e-commerce major has been making "baseless" and "irrelevant" claims.
-
Amazon Accuses Future Group's Independent Directors Of Fraudulent Strategy
Amazon has accused independent directors of Future Retail of facilitating "fraudulent stratagem" of transfer of 835 stores to Reliance group
-
Ashni Biyani Resigns As Managing Director Of Future Consumer Ltd
Ashni Biyani, daughter of Future Group's Chairman Kishore Biyani, has resigned as the Managing Director of Future Consumer Ltd (FCL). Ashni Biyani's resignation has been accepted by the board.
-
Future Enterprises To Sell Insurance Business To Avoid Insolvency
Debt-ridden Future Group firm Future Enterprises expects to raise around Rs 3,000 crore from selling its stake in the insurance business to pare debt
-
Reliance Retail's March Quarter Pre-Tax Profit Rises To Rs 3,705 Crore
Reliance Retail Ltd on Friday posted a 2.43 per cent rise in pre-tax profit at Rs 3,705 crore for the fourth quarter ended March 2022
-
Women's Cricket Looks To Future With New-Style Event In Dubai
An innovative women's cricket tournament grouping established stars with emerging-nation players starts this week as the sport looks to expand globally and outgrow its reliance on the men's game.
