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Page 2 - Future Group

Lenders in talks to sell Rs 18,850-cr Future group loans to NARCL

According to a banking source close to the development, the loans are expected to be sold in the second half of the current financial year

Lenders in talks to sell Rs 18,850-cr Future group loans to NARCL
Updated On : 19 Aug 2022 | 1:22 AM IST

Sebi orders forensic audit of FRL's financial statements of last 3 years

Future Group owes its 26 lenders over Rs 15,000 crore

Sebi orders forensic audit of FRL's financial statements of last 3 years
Updated On : 05 Aug 2022 | 12:33 AM IST

Amazon moves SC challenging NCLAT ruling on Future group investment

Appellate tribunal upheld CCI order suspending digital commerce platform's investment in Future group in 2019

Amazon moves SC challenging NCLAT ruling on Future group investment
Updated On : 29 Jul 2022 | 10:43 PM IST

3 Future group firms to file claims before interim resolution professional

NCLT has passed the order after allowing the petition filed by Bank of India (BoI) following loan defaults by FRL -- the flagship firm of the Kishore Biyani-led group

3 Future group firms to file claims before interim resolution professional
Updated On : 23 Jul 2022 | 1:24 AM IST

Future Ent to quantify receivables from FRL and submit claims before IRP

The National Company Law Tribunal on Wednesday ordered insolvency resolution proceedings against Future Retail

Future Ent to quantify receivables from FRL and submit claims before IRP
Updated On : 21 Jul 2022 | 10:23 PM IST

Future Enterprises defaults on Rs 6.15 cr interest payment for NCDs

The due date for payment was June 29, 2022, FEL said in a regulatory filing on Thursday

Future Enterprises defaults on Rs 6.15 cr interest payment for NCDs
Updated On : 01 Jul 2022 | 2:32 AM IST

SIAC dismisses Future Group's plea to terminate arbitration proceedings

The order said that there is no ground for the termination of the proceedings under Section 32 of the Arbitration Act

SIAC dismisses Future Group's plea to terminate arbitration proceedings
Updated On : 29 Jun 2022 | 11:07 AM IST

Stocks to watch: Reliance, Tata Motors, Biocon, Tata Steel, J&K Bank, BoB

Stocks to watch today: Akash M Ambani will take over as non-executive director and chairman of the board of directors of Reliance Jio; Tata Motors will hike prices of CVs by 1.5 to 2.5 per cent.

Stocks to watch: Reliance, Tata Motors, Biocon, Tata Steel, J&K Bank, BoB
Updated On : 29 Jun 2022 | 7:53 AM IST

NCLAT rejects Amazon plea against CCI order, directs to pay Rs 201 cr

The deal involves a Rs 1,431-crore investment by the US major to purchase a 49 per cent stake in Kishore Biyani-led Future Coupons Pvt Ltd (FCPL) in 2019

NCLAT rejects Amazon plea against CCI order, directs to pay Rs 201 cr
Updated On : 14 Jun 2022 | 12:41 AM IST

Reopening 'Future' stores a work in progress for Reliance Retail

A source said there was a possibility that Reliance may trim the sizes of some of its stores and may also look at shutting down some locations

Reopening 'Future' stores a work in progress for Reliance Retail
Updated On : 08 Jun 2022 | 6:07 AM IST

Future Group, its promoters 'orchestrated and committed' fraud, says Amazon

Warns of legal action to block sale of FRL assets to Reliance Retail as part of a $3.4-billion deal

Future Group, its promoters 'orchestrated and committed' fraud, says Amazon
Updated On : 08 Jun 2022 | 12:18 AM IST

Top headlines: Physics Wallah becomes unicorn; I-T portal develops snag

The Income Tax Department's new-look tax return filing portal, developed by Infosys, again developed snags on Tuesday - a day that marked the first anniversary of its unveiling.

Top headlines: Physics Wallah becomes unicorn; I-T portal develops snag
Updated On : 07 Jun 2022 | 6:10 PM IST

FRL: NCLT to hear Amazon's plea opposing insolvency proceedings on June 10

A plea seeking initiation of insolvency resolution proceedings against FRL was filed by Bank of India (BoI), the lead banker in the consortium of lenders to the company.

FRL: NCLT to hear Amazon's plea opposing insolvency proceedings on June 10
Updated On : 06 Jun 2022 | 7:37 PM IST

4 Future Group companies to not release results for Jan-March quarter

In April, Future Enterprises Ltd's two independent directors Anand Chndrasekaran and Malini Chopra had resigned

4 Future Group companies to not release results for Jan-March quarter
Updated On : 25 May 2022 | 1:12 AM IST

Amazon accuses Future independent directors of 'fraudulent stratagem'

Amazon dragged Future Group to arbitration at SIAC in October 2020, arguing that FRL had violated their contract by entering into a deal for sale of its assets to Reliance Retail

Amazon accuses Future independent directors of 'fraudulent stratagem'
Updated On : 23 May 2022 | 1:36 AM IST

Debt-ridden Future Retail's Chief Financial Officer C P Toshniwal resigns

Last week, Future Retail's Managing Director Rakesh Biyani stepped down, while officials including the company secretary of the debt-ridden firm tendered resignation

Debt-ridden Future Retail's Chief Financial Officer C P Toshniwal resigns
Updated On : 14 May 2022 | 12:43 PM IST

InGovern, others approach Sebi; seek forensic audit of Future Group firms

In its letter, InGovern said many directors and key management personnel have resigned in the past year

InGovern, others approach Sebi; seek forensic audit of Future Group firms
Updated On : 11 May 2022 | 11:30 PM IST

Future Group hasn't made disclosures to stock exchanges, says Amazon

While arguing in the case, Amazon asked why Future did not inform the Supreme Court about the termination notice it received for its stores

Future Group hasn't made disclosures to stock exchanges, says Amazon
Updated On : 10 May 2022 | 12:36 AM IST

What's the future of Future Group stocks? Here's what technical charts say

Market participants should avoid bottom fishing at the these counters and wait for a fresh trend to emerge.

What's the future of Future Group stocks? Here's what technical charts say
Updated On : 09 May 2022 | 1:25 PM IST

Future Group sells 25% stake in FGIICL to partner Generali for Rs 1,266 cr

Debt-ridden Future Group said it has completed the sale of its 25 per cent equity in Future Generali India Insurance Company Ltd (FGIICL) to its JV partner Generali for Rs 1,266.07 crore

Future Group sells 25% stake in FGIICL to partner Generali for Rs 1,266 cr
Updated On : 05 May 2022 | 11:32 PM IST