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NCLT admits petition to initiate resolution against Future Retail

Consumer

20 July, 2022

NCLT admits petition to initiate resolution against Future Retail

The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday admitted Bank of India’s petition to initiate a ......

NCLAT upholds CCI order in Amazon-Future case

Consumer

13 June, 2022

NCLAT upholds CCI order in Amazon-Future case

An Indian appeals tribunal on Monday rejected Amazon.com Inc's appeal against an antitrust suspension of its $200 million investment deal ......

Future Group shares plummet after Reliance calls off $3.4 bn deal

Finance

25 April, 2022

Future Group shares plummet after Reliance calls off $3.4 bn deal

Shares of Future Group companies have fallen sharply, some as much as 20%, after oil-to-telecom conglomerate Reliance called off its ......

Premium
Lenders tap buyers for Future's assets

Consumer

04 April, 2022

Lenders tap buyers for Future's assets

Lenders to the debt-laden Future Group are in discussions with at least five entities, including an Edelweiss Group unit, to ......

Amazon slams Reliance takeover of Future stores as 'fraud' in India newspaper ads

Consumer

15 March, 2022

Amazon slams Reliance takeover of Future stores as 'fraud' in India newspaper ads

Amazon.com Inc has gone on the attack in its bitter dispute with two Indian retailers, accusing them of fraud in ......

Ex-Twitter India head's floated edtech venture garners capital from 70 entrepreneurs

TMT

07 February, 2022

Ex-Twitter India head's floated edtech venture garners capital from 70 entrepreneurs

Former Twitter India chief Manish Maheshwari’s edtech venture Invact Metaversity has raised an undisclosed amount at $33 million valuation from ......

EXPLAINER-How Amazon's battle with Reliance for India retail supremacy became a legal jungle

Finance

11 January, 2022

EXPLAINER-How Amazon's battle with Reliance for India retail supremacy became a legal jungle

For more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that ......

Future Group shares fall after court decision on Amazon arbitration appeal

Consumer

05 January, 2022

Future Group shares fall after court decision on Amazon arbitration appeal

Shares in Future Group companies fell on Wednesday, a day after an Indian court dismissed Future Retail's appeal to declare ......

Indian shares fall over 2% as Omicron surge threatens global economic recovery

Economy

20 December, 2021

Indian shares fall over 2% as Omicron surge threatens global economic recovery

Indian shares slumped on Monday to their lowest in nearly four months as raging global Omicron infections threatened to derail ......

Future Group stocks surge 20% after India suspends 2019 Amazon deal

Markets

20 December, 2021

Future Group stocks surge 20% after India suspends 2019 Amazon deal

Shares of India's Future Group companies surged about 20% on Monday after the country's antitrust agency suspended Amazon.com Inc's 2019 ......