Future Group
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Amazon, Future Agree To Arbitration At Singapore Tribunal In Bitter Feud: 10 Points
- Friday December 8, 2023
- Author: NDTV Profit Desk
Amazon Inc. and Future Retail Ltd. (FRL) agreed to appear before the Singapore Arbitration Tribunal, even as the long-running and bitter legal battle and the resultant accusing-and-the retort continue.
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www.ndtvprofit.com
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Future Group Entities' Shares Tank Again After Reliance Deal Fails: 10 Points
- Friday December 8, 2023
- Author: NDTV Profit Desk
Shares of Future Group companies tumbled again on Tuesday on increasing concerns that the group faces bankruptcy risk, despite a surge in benchmark indices and broader Asian stocks trading higher.
-
www.ndtvprofit.com
-
As Amazon Wins Order To Stall Deal, Reliance Retail and Future Group Push Back
- Friday December 8, 2023
- Author: edited by Peter Noronha
Amazon wins Rs 24,713 crore Reliance-Future Deal: The Singapore-based single-judge arbitration court had restrained Future Retail from selling its retail business to Reliance Industries for Rs 24,713 crore.
-
www.ndtvprofit.com
-
Future Group Ties Up With Khimji Ramdas Group For Gulf Foray
- Friday December 8, 2023
- Author: Thomson Reuters
Both companies have invested Rs 75 crore each in the 50-50 joint venture, under which Future Group also plans to sell food and consumer goods like soaps and detergents in the future.
-
www.ndtvprofit.com
-
Supreme Court Issues Notice To Future Group On Amazon's Plea
- Friday December 8, 2023
- Author: Press Trust of India
The Supreme Court on Wednesday sought a response from the Future group on Amazon's plea against the January 5 order of the Delhi High Court staying the ongoing arbitration proceedings before an arbitral tribunal over Future Retail's Rs 24,500-crore merger deal with Reliance.
-
www.ndtvprofit.com
-
Future Group Creditors Rush To Recover $2.5 Billion Loans Amid Reliance Deal Troubles: Bankers
- Friday December 8, 2023
- Author: Reuters
Future's top financial creditors include India's largest lender State Bank of India, along with smaller rivals Bank of Baroda and Bank of India
-
www.ndtvprofit.com
-
New Government Must Frame Fresh Policy on Retail: Future Group Chief
- Friday December 8, 2023
- Author: NDTV Profit Desk
Future Group founder and chief executive Kishore Biyani on Tuesday asked the Narendra Modi-led government to frame a new retail policy under which segregations and foreign direct investment (FDI ) restrictions are not based on single or multi-brand but on the basis of types of stores.
-
www.ndtvprofit.com
-
Grocery Tycoon Kishore Biyani's Battle To Keep His Company Afloat
- Friday December 8, 2023
- Author: PR Sanjai and Bijou George, Bloomberg
Future Consumer Ltd., one of Biyani's biggest listed companies, has tumbled 65 per cent this year and touched a more than five-year low on Friday.
-
www.ndtvprofit.com
-
Future Group To Acquire Heritage Foods' Retail, Allied Businesses
- Friday December 8, 2023
- Author: Press Trust of India
Heritage Foods, which currently owns 124 retail outlets under the brand name Heritage Fresh, will get a 3.65 per cent shareholding in Future Retail through fresh issuance of shares.
-
www.ndtvprofit.com
-
Future Group Stocks Surge 20% After 2019 Amazon Deal Is Suspended: 10 Points
- Friday December 8, 2023
- Author: Edited by Prashun Talukdar
Shares of India's Future Group companies surged as much as 20 per cent on Monday after the fair trade regulator Competition Commission of India (CCI) has suspended Amazon's 2019 deal with the group. The antitrust agency has also imposed a Rs 202 crore penalty on the e-commerce major for certain contraventions.
-
www.ndtvprofit.com
-
Reliance Industries To Acquire Future Group Retail, Logistics, Other Businesses For Rs 24,713 Crore
- Friday December 8, 2023
- Author: Edited by Sandeep Singh (with inputs from Reuters)
Billionaire Mukesh Ambani-led Reliance Industries on Saturday announced the acquisition of the retail, wholesale, logistics and warehousing businesses of the Future Group for Rs 24,713 crore through its subsidiary, Reliance Retail Ventures. The deal is part of the scheme in which Future Group is merging certain group companies into Future Enterpris...
-
www.ndtvprofit.com
-
Future Retail VS Amazon: NCLT Hearing To Continue On June 14: 5 Points
- Friday December 8, 2023
- Author: NDTV Profit Desk
The hearing of Amazon's plea, initiating insolvency proceedings against debt-ridden Future Retail Ltd has been adjourned by the National Company Law Tribunal (NCLT) until June 14. A plea seeking initiation of insolvency resolution proceedings against Future Retail Ltd (FRL) was filed by Bank of India (BoI), the lead banker in the consortium of lend...
-
www.ndtvprofit.com
-
Amazon, Future Agree To Arbitration At Singapore Tribunal In Bitter Feud: 10 Points
- Friday December 8, 2023
- Author: NDTV Profit Desk
Amazon Inc. and Future Retail Ltd. (FRL) agreed to appear before the Singapore Arbitration Tribunal, even as the long-running and bitter legal battle and the resultant accusing-and-the retort continue.
-
www.ndtvprofit.com
-
Future Group Entities' Shares Tank Again After Reliance Deal Fails: 10 Points
- Friday December 8, 2023
- Author: NDTV Profit Desk
Shares of Future Group companies tumbled again on Tuesday on increasing concerns that the group faces bankruptcy risk, despite a surge in benchmark indices and broader Asian stocks trading higher.
-
www.ndtvprofit.com
-
As Amazon Wins Order To Stall Deal, Reliance Retail and Future Group Push Back
- Friday December 8, 2023
- Author: edited by Peter Noronha
Amazon wins Rs 24,713 crore Reliance-Future Deal: The Singapore-based single-judge arbitration court had restrained Future Retail from selling its retail business to Reliance Industries for Rs 24,713 crore.
-
www.ndtvprofit.com
-
Future Group Ties Up With Khimji Ramdas Group For Gulf Foray
- Friday December 8, 2023
- Author: Thomson Reuters
Both companies have invested Rs 75 crore each in the 50-50 joint venture, under which Future Group also plans to sell food and consumer goods like soaps and detergents in the future.
-
www.ndtvprofit.com
-
Supreme Court Issues Notice To Future Group On Amazon's Plea
- Friday December 8, 2023
- Author: Press Trust of India
The Supreme Court on Wednesday sought a response from the Future group on Amazon's plea against the January 5 order of the Delhi High Court staying the ongoing arbitration proceedings before an arbitral tribunal over Future Retail's Rs 24,500-crore merger deal with Reliance.
-
www.ndtvprofit.com
-
Future Group Creditors Rush To Recover $2.5 Billion Loans Amid Reliance Deal Troubles: Bankers
- Friday December 8, 2023
- Author: Reuters
Future's top financial creditors include India's largest lender State Bank of India, along with smaller rivals Bank of Baroda and Bank of India
-
www.ndtvprofit.com
-
New Government Must Frame Fresh Policy on Retail: Future Group Chief
- Friday December 8, 2023
- Author: NDTV Profit Desk
Future Group founder and chief executive Kishore Biyani on Tuesday asked the Narendra Modi-led government to frame a new retail policy under which segregations and foreign direct investment (FDI ) restrictions are not based on single or multi-brand but on the basis of types of stores.
-
www.ndtvprofit.com
-
Grocery Tycoon Kishore Biyani's Battle To Keep His Company Afloat
- Friday December 8, 2023
- Author: PR Sanjai and Bijou George, Bloomberg
Future Consumer Ltd., one of Biyani's biggest listed companies, has tumbled 65 per cent this year and touched a more than five-year low on Friday.
-
www.ndtvprofit.com
-
Future Group To Acquire Heritage Foods' Retail, Allied Businesses
- Friday December 8, 2023
- Author: Press Trust of India
Heritage Foods, which currently owns 124 retail outlets under the brand name Heritage Fresh, will get a 3.65 per cent shareholding in Future Retail through fresh issuance of shares.
-
www.ndtvprofit.com
-
Future Group Stocks Surge 20% After 2019 Amazon Deal Is Suspended: 10 Points
- Friday December 8, 2023
- Author: Edited by Prashun Talukdar
Shares of India's Future Group companies surged as much as 20 per cent on Monday after the fair trade regulator Competition Commission of India (CCI) has suspended Amazon's 2019 deal with the group. The antitrust agency has also imposed a Rs 202 crore penalty on the e-commerce major for certain contraventions.
-
www.ndtvprofit.com
-
Reliance Industries To Acquire Future Group Retail, Logistics, Other Businesses For Rs 24,713 Crore
- Friday December 8, 2023
- Author: Edited by Sandeep Singh (with inputs from Reuters)
Billionaire Mukesh Ambani-led Reliance Industries on Saturday announced the acquisition of the retail, wholesale, logistics and warehousing businesses of the Future Group for Rs 24,713 crore through its subsidiary, Reliance Retail Ventures. The deal is part of the scheme in which Future Group is merging certain group companies into Future Enterpris...
-
www.ndtvprofit.com
-
Future Retail VS Amazon: NCLT Hearing To Continue On June 14: 5 Points
- Friday December 8, 2023
- Author: NDTV Profit Desk
The hearing of Amazon's plea, initiating insolvency proceedings against debt-ridden Future Retail Ltd has been adjourned by the National Company Law Tribunal (NCLT) until June 14. A plea seeking initiation of insolvency resolution proceedings against Future Retail Ltd (FRL) was filed by Bank of India (BoI), the lead banker in the consortium of lend...
-
www.ndtvprofit.com