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Page 4 - Future Group

Future group firms complete shareholders, creditors meet over Reliance deal

Several listed Future group firms have completed meetings of their respective shareholders and creditors to approve the Rs 24,713 crore deal to sell their assets to Reliance Retail Ventures Ltd

Future group firms complete shareholders, creditors meet over Reliance deal
Updated On : 21 Apr 2022 | 8:50 PM IST

Amazon-Future case: CCI filing may hinge on power to revoke order

Amazon during the argument questioned the CCI order, arguing it did not have power to suspend or place its own order in abeyance

Amazon-Future case: CCI filing may hinge on power to revoke order
Updated On : 21 Apr 2022 | 8:57 AM IST

Top headlines: Action to aid post-Covid recovery, Tatas to offer ESOPs

Business Standard brings you top headlines of the day

Top headlines: Action to aid post-Covid recovery, Tatas to offer ESOPs
Updated On : 21 Apr 2022 | 7:28 AM IST

Future Retail holds shareholders' meeting to approve sale to Reliance

The meetings have been vehemently opposed by US-based e-commerce giant Amazon, which is contesting FRL's deal with RRVL

Future Retail holds shareholders' meeting to approve sale to Reliance
Updated On : 20 Apr 2022 | 11:59 PM IST

Bank of India moves NCLT as lead lender to Kishore Biyani-led Future Retail

BoI's loan exposure to Future Retail is Rs 1,441.62 crore

Bank of India moves NCLT as lead lender to Kishore Biyani-led Future Retail
Updated On : 15 Apr 2022 | 12:23 AM IST

Future-Amazon case: Supreme Court lifts stay on SIAC arbitration

The SC said in its order that the interim application will be transmitted to the Delhi High Court as agreed by both parties and as proceedings have already begun there

Future-Amazon case: Supreme Court lifts stay on SIAC arbitration
Updated On : 07 Apr 2022 | 1:07 AM IST

File response on SIAC award petition: Delhi High Court to Future

The latest hearing comes after the Supreme Court asked Future Group and Amazon to request HC to hear the case on the enforcement of the emergency arbitration award passed by SIAC

File response on SIAC award petition: Delhi High Court to Future
Updated On : 06 Apr 2022 | 1:17 AM IST

Amazon, Future to appear before Singapore International Arbitration Centre

SC asks both parties to urge Delhi HC to hear enforcement pleas of US firm first

Amazon, Future to appear before Singapore International Arbitration Centre
Updated On : 05 Apr 2022 | 12:03 AM IST

SC on Monday to hear Amazon plea on restraining alienation of FRL's assets

SC is scheduled to hear on Monday submissions of Amazon, seeking an interim order to ensure that FRL assets, not be alienated till dispute over its merger with Relaince Retail is decided by tribunal

SC on Monday to hear Amazon plea on restraining alienation of FRL's assets
Updated On : 03 Apr 2022 | 8:28 PM IST

Top Headlines: Tax collections at Rs 13 trn; PSBs stare at Rs 13k crore-hit

In FY22, direct tax collections broke all records, touching Rs 13,81 trillion. Future Retail and Future Enterprises defaulted on loan repayments worth Rs 8,157.97 crore. More in our top headlines:

Top Headlines: Tax collections at Rs 13 trn; PSBs stare at Rs 13k crore-hit
Updated On : 02 Apr 2022 | 6:56 AM IST

Future Retail defaults on repayment of Rs 5,322-cr debt

Future Retail Ltd said it has missed the due date for repayment of Rs 5,322.32 crore to lenders on account of the ongoing litigations with Amazon and other related issues

Future Retail defaults on repayment of Rs 5,322-cr debt
Updated On : 02 Apr 2022 | 2:26 AM IST

Took steps to ensure biz continuity: RIL defends takeover of Future stores

Future Retail had earlier written to RIL over the takeover of its stores, according to three people in the know

Took steps to ensure biz continuity: RIL defends takeover of Future stores
Updated On : 31 Mar 2022 | 10:39 PM IST

Future Retail CEO Sadashiv Nayak quits; group entities default on payments

Future Retail is locked in legal battles with US retail major Amazon and has already become a non-performing asset NPA in the current quarter

Future Retail CEO Sadashiv Nayak quits; group entities default on payments
Updated On : 31 Mar 2022 | 10:34 PM IST

Future Group shares hit record lows; Future Retail tanks 16% in two days

Future Group companies will convene meeting with their respective shareholders and creditors on April 20 and 21 to get their approval for the Rs 24,713-crore deal with Reliance Retail

Future Group shares hit record lows; Future Retail tanks 16% in two days
Updated On : 21 Mar 2022 | 12:22 PM IST

Future group firms to convene shareholder, creditors meeting in April

Future Group's 19 companies operating in retail, wholesale, logistics and warehousing assets would be consolidated into one entity, FEL, and then transferred to Reliance

Future group firms to convene shareholder, creditors meeting in April
Updated On : 19 Mar 2022 | 7:53 PM IST

Future Group stocks hit 52-week lows as FRL clarifies on RIL takeover

Future Retail on Wednesday said that it was committed to taking all actions necessary to seek value adjustments and reversal of takeover of stores by the Reliance group.

Future Group stocks hit 52-week lows as FRL clarifies on RIL takeover
Updated On : 17 Mar 2022 | 10:28 PM IST

SC lifts stay on global tribunal hearing in Amazon-Future Group case

Development follows Delhi High Court stay on SIAC hearing the case on January 5

SC lifts stay on global tribunal hearing in Amazon-Future Group case
Updated On : 17 Mar 2022 | 1:58 AM IST

SC seeks Future's response on Amazon's plea on resumption of arbitration

The Supreme Court asked the Future group to file its reply to an interim plea of Amazon seeking resumption of arbitration over Future Retail's merger deal with Reliance Retail

SC seeks Future's response on Amazon's plea on resumption of arbitration
Updated On : 16 Mar 2022 | 8:58 PM IST

Amazon-Future case: After talks fail, lenders to FRL may approach NCLT, DRT

Senior bankers said with failure of Future-Amazon talks, banks have to think of legal action only.

Amazon-Future case: After talks fail, lenders to FRL may approach NCLT, DRT
Updated On : 16 Mar 2022 | 6:02 AM IST

Experts say Amazon-Future legal row worsening as US giant flexes muscle

The US e-commerce giant has also warned about taking action against Reliance

Experts say Amazon-Future legal row worsening as US giant flexes muscle
Updated On : 15 Mar 2022 | 7:18 PM IST