Future Retail

Coinbase said on Wednesday it had secured approval from the National Futures Association (NFA), a self-regulatory organization designated by the Commodity Futures Trading Commission (CFTC), to offer cryptocurrency futures to US retail customers, scoring a major regulatory win even as it battles a lawsuit from the Securities and Exchange Commission ...

The National Company Law Tribunal (NCLT) has extended the deadline for completion of insolvency proceedings of debt-ridden Future Retail Ltd (FRL) to August 17, 2023.

Three companies, including Reliance Retail Ventures Ltd (RRVL), have been selected as " prospective" buyers for Future Enterprises, which is currently undergoing the Corporate Insolvency Resolution Process.

When Apple surprised investors this week with a rise in iPhone sales despite a slump in the global smartphone market, Chief Executive Tim Cook credited emerging markets like India where the company is luring away Android phone users.

The NCLT has granted Future Retail Ltd (FRL) an extension of 90 days for concluding the Corporate Insolvency Resolution Process (CIRP) of the company.

As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process.

Almost one and a half months after resigning from the suspended board of debt-ridden Future Retail Ltd, Kishore Biyani has withdrawn his resignation.

Huobi is seeking relevant licences in Hong Kong to provide its services to retail investors. The exchange has reached out to the Hong Kong Securities and Futures Commission (SFC) as part of its registration process.

Kishore Biyani has stepped down from the suspended board of Future Retail and has resigned as chairman and director of the company, which is currently facing insolvency proceedings before the NCLT.

Gautam Adani, and Mukesh Ambani have entered the fray to acquire India's debt-laden Future Retail Ltd, a document seen by Reuters shows.

The resolution professional for India's debt-laden Future Retail Ltd has extended the deadline for potential buyers to submit their bids for the retailer, due to tepid interest, two banking sources said on Friday.

The resolution professional of Future Retail Ltd (FRL) has invited 'expression of interest' from prospective buyers under the ongoing Corporate Insolvency Resolution Process (CIRP).

Lenders to India's Future Retail Ltd have submitted loan claims of about 210.58 billion rupees ($2.64 billion) under the ongoing insolvency process.

The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Future Retail under the Insolvency and Bankruptcy Code (IBC). The tribunal also rejected objections raised by Amazon claiming that any bankruptcy proceedings at this stage would compromise the e-commerce company's rights.

The National Company Law Tribunal (NCLT) admits lenders' plea for initiating insolvency proceedings against Future Retail Ltd and rejects Amazon's objection.

Coinbase said on Wednesday it had secured approval from the National Futures Association (NFA), a self-regulatory organization designated by the Commodity Futures Trading Commission (CFTC), to offer cryptocurrency futures to US retail customers, scoring a major regulatory win even as it battles a lawsuit from the Securities and Exchange Commission ...

The National Company Law Tribunal (NCLT) has extended the deadline for completion of insolvency proceedings of debt-ridden Future Retail Ltd (FRL) to August 17, 2023.

Three companies, including Reliance Retail Ventures Ltd (RRVL), have been selected as " prospective" buyers for Future Enterprises, which is currently undergoing the Corporate Insolvency Resolution Process.

When Apple surprised investors this week with a rise in iPhone sales despite a slump in the global smartphone market, Chief Executive Tim Cook credited emerging markets like India where the company is luring away Android phone users.

The NCLT has granted Future Retail Ltd (FRL) an extension of 90 days for concluding the Corporate Insolvency Resolution Process (CIRP) of the company.

As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process.

Almost one and a half months after resigning from the suspended board of debt-ridden Future Retail Ltd, Kishore Biyani has withdrawn his resignation.

Huobi is seeking relevant licences in Hong Kong to provide its services to retail investors. The exchange has reached out to the Hong Kong Securities and Futures Commission (SFC) as part of its registration process.

Kishore Biyani has stepped down from the suspended board of Future Retail and has resigned as chairman and director of the company, which is currently facing insolvency proceedings before the NCLT.

Gautam Adani, and Mukesh Ambani have entered the fray to acquire India's debt-laden Future Retail Ltd, a document seen by Reuters shows.

The resolution professional for India's debt-laden Future Retail Ltd has extended the deadline for potential buyers to submit their bids for the retailer, due to tepid interest, two banking sources said on Friday.

The resolution professional of Future Retail Ltd (FRL) has invited 'expression of interest' from prospective buyers under the ongoing Corporate Insolvency Resolution Process (CIRP).

Lenders to India's Future Retail Ltd have submitted loan claims of about 210.58 billion rupees ($2.64 billion) under the ongoing insolvency process.

The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Future Retail under the Insolvency and Bankruptcy Code (IBC). The tribunal also rejected objections raised by Amazon claiming that any bankruptcy proceedings at this stage would compromise the e-commerce company's rights.

The National Company Law Tribunal (NCLT) admits lenders' plea for initiating insolvency proceedings against Future Retail Ltd and rejects Amazon's objection.