Kishore Biyani News
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"Have To Accept Reality": Future Retail Chairman Kishore Biyani Resigns
Kishore Biyani has stepped down from the suspended board of Future Retail and has resigned as chairman and director of the company, which is currently facing insolvency proceedings before the NCLT.
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Future Group Firms' Q4 Results To Be Delayed
Four listed firms of the Kishore Biyani-led Future Group on Tuesday expressed their inability to convene a board meeting before May 30 to approve their financial results for the quarter and year ended March 31 on account of vacant positions on their respective boards.
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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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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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Future Group Lenders Reject Reliance's Retail Assets Deal: Report
Lenders to Future Group rejected a $3.4 billion deal for its retail assets from Reliance Industries Limited
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Future Enterprises Defaults On Non Convertible Debentures' Interest Payment
Debt-ridden Future Enterprises Ltd has defaulted on the payment of interest of Rs 1.22 crore due on non-convertible debentures
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Bank Of India Initiates Insolvency Proceedings Against Future Retail
Bank of India has moved the National Company Law Tribunal, filing a petition to initiate insolvency proceedings against debt-ridden Future Retail
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Amazon Warns Future Retail Against Holding Shareholders' Meet On Asset Sale To Reliance Retail
Amazon has warned Future Retail Ltd against holding meetings of its shareholders to approve the sale of its retail assets to Reliance Retail
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Future Retail, Future Enterprises Default On Rs 8,158 Crore Loan Repayments
Future Retail Limited and Future Enterprises Limited on Friday collectively defaulted on loan repayments worth Rs 8,157.97 crore
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Supreme Court To Expedite Hearing On Amazon's Future Group Plea: 10 Points
On Tuesday, the Supreme Court said that it would expedite the hearing on Amazon's interim plea seeking preservation of Future Retail Limited's (FRL) assets apart from resumption of arbitration on merger deal with Reliance Retail
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Reliance Issues Notice To Future Retail To Terminate Sub-Lease Of 950 Stores
Reliance Retail has slapped notices on Future Retail for terminating sub-leases of 950 stores it had taken over previously
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"The Shops Are Gone": How Reliance Stunned Amazon In Battle For Future Retail
Reliance's takeover began with utmost stealth on the night of February 25 when its staff began arriving at Future stores
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"Going Through Acute Financial Crisis", Says Future Retail
Future Retail Limited has said that it is finding it difficult to fundthe working capital needs as it is going through an acute financial crisis
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Reliance Takes Control Of Future Retail Stores, Offers Jobs To Employees
Reliance Industries has effectively taken over the operations of Future Retail stores and has offered jobs to its employees
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Now, Kishore Biyani's Future Takes Its Own Lenders To Court: Report
Future Group on Tuesday challenged its own lenders in the Supreme Court in a bid to avoid being named a defaulter for missing payments
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"Have To Accept Reality": Future Retail Chairman Kishore Biyani Resigns
Kishore Biyani has stepped down from the suspended board of Future Retail and has resigned as chairman and director of the company, which is currently facing insolvency proceedings before the NCLT.
-
Future Group Firms' Q4 Results To Be Delayed
Four listed firms of the Kishore Biyani-led Future Group on Tuesday expressed their inability to convene a board meeting before May 30 to approve their financial results for the quarter and year ended March 31 on account of vacant positions on their respective boards.
-
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
-
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
-
Future Group Lenders Reject Reliance's Retail Assets Deal: Report
Lenders to Future Group rejected a $3.4 billion deal for its retail assets from Reliance Industries Limited
-
Future Enterprises Defaults On Non Convertible Debentures' Interest Payment
Debt-ridden Future Enterprises Ltd has defaulted on the payment of interest of Rs 1.22 crore due on non-convertible debentures
-
Bank Of India Initiates Insolvency Proceedings Against Future Retail
Bank of India has moved the National Company Law Tribunal, filing a petition to initiate insolvency proceedings against debt-ridden Future Retail
-
Amazon Warns Future Retail Against Holding Shareholders' Meet On Asset Sale To Reliance Retail
Amazon has warned Future Retail Ltd against holding meetings of its shareholders to approve the sale of its retail assets to Reliance Retail
-
Future Retail, Future Enterprises Default On Rs 8,158 Crore Loan Repayments
Future Retail Limited and Future Enterprises Limited on Friday collectively defaulted on loan repayments worth Rs 8,157.97 crore
-
Supreme Court To Expedite Hearing On Amazon's Future Group Plea: 10 Points
On Tuesday, the Supreme Court said that it would expedite the hearing on Amazon's interim plea seeking preservation of Future Retail Limited's (FRL) assets apart from resumption of arbitration on merger deal with Reliance Retail
-
Reliance Issues Notice To Future Retail To Terminate Sub-Lease Of 950 Stores
Reliance Retail has slapped notices on Future Retail for terminating sub-leases of 950 stores it had taken over previously
-
"The Shops Are Gone": How Reliance Stunned Amazon In Battle For Future Retail
Reliance's takeover began with utmost stealth on the night of February 25 when its staff began arriving at Future stores
-
"Going Through Acute Financial Crisis", Says Future Retail
Future Retail Limited has said that it is finding it difficult to fundthe working capital needs as it is going through an acute financial crisis
-
Reliance Takes Control Of Future Retail Stores, Offers Jobs To Employees
Reliance Industries has effectively taken over the operations of Future Retail stores and has offered jobs to its employees
-
Now, Kishore Biyani's Future Takes Its Own Lenders To Court: Report
Future Group on Tuesday challenged its own lenders in the Supreme Court in a bid to avoid being named a defaulter for missing payments
