Future Retail
Future Retail EGM For Shareholders, Creditors To Be Held On Apr 20, 21
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The electronic voting process for shareholders of Future Retail ended on Tuesday ahead of the meetings of the shareholde... Read more
Banks To Start Debt Recovery Proceedings Against Future Retail: Report
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Future, hit by the pandemic, has been struggling to pay off its debt and is fighting a bitter legal battle with US retai... Read more
Resolution Talks Between Future Group-Amazon Failed: Lawyers Tell SC
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On Tuesday, the SC allowed Amazon to file an interim application and the case was adjourned until March 16 Read more
Amazon Threatens Legal Proceedings Against Future Retail, Promoters
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Amazon Future case: Amazon is fighting a legal battle with FRL to stop the Kishore Biyani-led retailer's $3.4 billion de... Read more
Amazon Accuses Future Retail, Reliance Of 'fraud' In Newspaper Ads
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Amazon has been contesting the planned $3.4 billion sale of Future Group's retail assets to Reliance. Read more
Future Group Cos To Convene Shareholder, Creditors Meeting From April 20-23
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Future Group companies would convene meetings of their respective shareholders and creditors between April 20 and April ... Read more
NCLT Allows Future Group To Convene Shareholders' Meet On RIL Deal
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'The schedule of the meetings of shareholders and creditors will be intimated in due course of time,' Future Retail said... Read more
Amazon Moves SC Challenging HC Stay On Arbitration With Future: Report
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According to sources familiar with the development, the special leave petition challenging the Delhi High Court order ha... Read more
Top Headlines: Future Moves HC Against Amazon; Over 4k Covid Cases In Delhi
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Business Standard brings you the top headlines on Monday Read more
Future Retail's Stock Surges 20% On CCI Order For Amazon
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Future Retail's scrip jumped to a high of Rs 57.50 as against the previous close of Rs 47.95 on the National Stock Excha... Read more
SC Grants Two Weeks To Amazon To Put Its Case Before CCI In Future Dispute
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An SC bench said it would not go into merits of the case and would rather like to give some more time, over and above th... Read more
NCLT Allows Reliance Retail's Shareholders To Hold Meetings For Future Deal
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NCLT said the objections raised by the American e-commerce giant Amazon are premature and can be dealt with at a later s... Read more
Future Retail Moves SC Against HC Order On Rs 24,713-cr Deal With Reliance
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The magnitude of damage that may be caused to the public at large is 'unimaginable' as livelihoods of more than 35,575 e... Read more
Future Retail Lenders Okay Debt Recast Plan With Repayment Up To Two Years
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Interest accrued between March 1, 2020, and September 30, 2020, will be converted into Funded Interest Term Loan, payabl... Read more
Future Lenders Approve Debt Restructuring; Plan To Be Sent For Approval
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Lenders of the debt-ridden Future Retail Ltd have approved a plan to restructure the existing financial debt of the comp... Read more
Future Retail Board Approves Resolution Plan To Restructure Financial Debt
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The restructuring would be according to the Reserve Bank of India's circular for companies under stress due to the Coron... Read more
Fitch Revises Positive Outlook On Future Retail Ltd, Affirms Rating At 'C'
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Fitch Ratings has affirmed Future Retail Ltd's (FRL's) issuer default rating at 'C' and the rating on its USD500 million... Read more
Future Retail To Offer Quick Online Deliveries In Bet On E-commerce
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Popular online grocery service BigBasket, in which India's Tata Group is seeking to acquire a majority stake, and Amazon... Read more
NCLT Raps Amazon In Future Case: Don't Be A 'perpetual Objector'
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Says it has no locus standi in Future's plea to hold shareholder meeting; reserves order Read more
Committed To Helping FRL, Don't Want The Company To Go Down: Amazon Lawyer
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Earlier, Future Retail Limited lawyer had argued that the retail firm may go bust and thousands may lose jobs if the Fut... Read more