Future Retail's lenders call for its assets to be put up for auction
Lenders to Future Retail , the company being fought over by Reliance Industries and Amazon.com Inc, have told Supreme Court that its assets should be put up for auction after it missed payments.
They also said they have started classifying loans to the country's second-largest retailer as non-performing and would have to make combined provisions of Rs 8,000 crore-Rs 9,000 crore due to the non-payment. Read more
Titan Q3 net zooms 91% to Rs 1,004 cr, revenue up 37% on robust demand
Titan saw its December quarter (Q3)