Page 5 - Future Group

Termination notice to 947 Future Group stores from Reliance

Future Group now has about 550 stores of around 1,500, a company official said

Due diligence may delay Future deal; stakeholders to seek more time from SC

Sources also said the takeover of Future stores by RIL scuttles Future Group lenders' options to recover their Rs 17,000-crore ($2.2 billion) debt

How Mukesh Ambani outfoxed Amazon in a $3.4-bn deal dispute

Reliance jolted Amazon by taking over Future's stores, staff even as the e-commerce giant furiously tried to block formal acquisitions through lawsuits and arbitration across India and Singapore

Reliance not interested in a tripartite JV with Amazon, Future Group

On March 3, Supreme Court had adjourned the case between Future Group and Amazon for ten days (till March 15) as the two agreed to the proposal to resolve the dispute through mediation

Sensex leaps 1,163 pts from the day's low, ends 581 pts up; Nifty tops 16K

CLOSING BELL: The winners included Indian Oil Corporation, Sun Pharma, Tata Consumer Products, TCS, Cipla, Shree Cement, NTPC, Tech M, Dr Reddy's Labs, Wipro, Ultratech Cement, and Infosys

Future Group cos to convene shareholder, creditors meeting from April 20-23

Future Group companies would convene meetings of their respective shareholders and creditors between April 20 and April 23, 2022

Amazon once again proposes dialogue with Future Group to end legal battles

The Supreme Court has given both parties until March 15 to explore a settlement through negotiations.

Amazon, Future agree to talks; SC gives them 10 days to explore settlement

In an unexpected move on Thursday, Amazon counsel suggested at a SC hearing that the two sides negotiate, saying the 'whirlpool' of disputes fought on multiple fronts had been dragging on for too long

A sigh of relief for vendors, others as Reliance takes over Future stores

Reliance has been making job offers to employees of these stores, which will ensure job continuity for nearly 30,000 employees of Future Group's retail network.

NCLT allows Future Group to convene shareholders' meet on RIL deal

'The schedule of the meetings of shareholders and creditors will be intimated in due course of time,' Future Retail said in a stock exchange filing

Future Group firms' stock jumps as Reliance plans retail stores' takeover

Shares of Future Supply Chain Solutions, Future Retail, Future Lifestyle Fashions, Future Consumer and Future Enterprises rose between 7% and 16%

Scaling down ops to cut losses, says FRL as Reliance takes over its stores

Future Retail on Saturday said long-stop date for deal with Reliance has been extended to September 30, 2022

Reliance to take over 200 Future stores' operations amid Amazon row: Report

The takeover of stores by Reliance signals Future's worsening financial situation as its retail assets sale remains blocked due to legal battles

Reliance takes control of Future Retail stores, offers jobs to employees

Reliance Retail has reportedly started to take possession of the premises in which Future Retail is operating its stores such as Big Bazaar and replaced them with its brand stores

CCI does not have powers to keep own order in abeyance: Amazon tells NCLAT

The e-commerce major made the submission before the National Company Law Appellate Tribunal (NCLAT), which is hearing its plea against the decision of the Competition Commission of India (CCI)

Delhi High Court adjourns Future-Amazon case to February 28

Future Group's counsel argued that if it goes into bankruptcy, the 2019 deal with Amazon for a stake sale will anyway not stand

SC directs Amazon, Future to NCLAT for speedy disposal of CCI case

Amazon has challenged Competition Commission's order cancelling its 2019 deal with Future Coupons

Top headlines: Amazon, Future asked to approach NCLAT; ED arrests Malik

Business Standard brings you the top headlines on Wednesday

SC asks Amazon, Future to urge NCLAT to decide on plea against CCI order

The bench deferred the hearing after brief arguments on being told that the NCLAT is hearing another appeal of Amazon related to the merger deal

Future group's arm defaults on debenture repayments in February

The principal covered deferred installment of Rs 9 .41 crore and the February installment of Rs 11. 76 crore, the company said in an exchange filing.