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Future Retail

Beleaguered Future Retail gets six bids under resolution process

Consumer

17 May, 2023

Beleaguered Future Retail gets six bids under resolution process

Debt-ridden Future Retail Ltd said on Wednesday it had received bids from six applicants in its insolvency resolution process. The company ......

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More bidders join race for Kishore Biyani's Future Retail

Consumer

25 April, 2023

More bidders join race for Kishore Biyani's Future Retail

The number of resolution applicants interested in Kishore Biyani’s Future Retail has swelled to 55, as per the final list ......

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 ......

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 ......

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Future Group's lenders reject Reliance offer over valuation

Consumer

22 April, 2022

Future Group's lenders reject Reliance offer over valuation

A clutch of lenders accounting for most of the loans to debt-laden Future Group on Thursday rejected a proposal to ......

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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 ......

India's Future says will act to reverse store takeovers by Reliance

Consumer

16 March, 2022

India's Future says will act to reverse store takeovers by Reliance

India's Future Retail said on Wednesday it was committed to taking back its stores which were seized by rival Reliance, ......

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 ......

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 ......

India's Future Retail asks court to declare arbitration with Amazon illegal

Economy

03 January, 2022

India's Future Retail asks court to declare arbitration with Amazon illegal

India's Future Retail has asked a New Delhi court to declare ongoing arbitration proceedings with Amazon.com illegal, saying the country's ......