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Latest Articles in future group

Reliance Industries, Future Group Stocks Rally On Strong Demand

The Rs 24,713-crore deal that would boost Reliance Industries'' fast-growing retail business was announced in August.

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Future's Actions Question The Stability And Predictability Of Contractual Obligations

Foreign investors are closely monitoring the developments around this case with concerns relating to contract enforcement and rule of law re-surfacing in a big way.

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SIAC Arbitration Order Against Rs 24,713 Cr Deal With RIL Not 'Enforceable, Binding': Future Retail

'FRL is undergoing serious financial difficulties, particularly in light of the unprecedented impact of the COVID pandemic' and 'the proposed scheme is the only way, it can come out of the situation'.

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Amazon-Future Group-Reliance Retail: The Many Twists and Turns That Lie Ahead

With Amazon Inc 1 and Future Group 0, and Future Group’s declining market capitalization and inability to manage its debts and losses on account of the pandemic, the legal tussle between Bezos, Biyani and Ambani will inevitably erode shareholder value, at least in the short term as the case drags on.

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Amazon writes To Sebi, bourses on Future-RIL Deal

The Future Group-RIL deal is subject to approvals from various regulatory authorities, including the Securities and Exchange Board of India (Sebi) and the Competition Commission of India.

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In Fight With Amazon, India's Future Retail Sees Liquidation If Reliance Deal Fails

The dispute centres around FRL's decision in August to sell its retail, wholesale, logistics and some other businesses to Reliance for $3.38 billion, including debt.

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Amazon Wins Interim Relief; Future-Reliance Deal Put On Hold

Amazon believes Future Group violated the contract by entering into the deal with rival Reliance.

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Reliance Retail To Aquire Future Group Without Any Delay

RRVL intends to enforce its rights and complete the transaction in terms of the scheme and agreement with Future group without any delay

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Future Group Lost Rs 7,000 Cr Revenue In First 3-4 months Of COVID-19 Pandemic: Kishore Biyani

In August this year, billionaire Mukesh Ambani's Reliance Industries announced acquisition of retail and wholesale business and the logistics and warehousing business from the Future Group as going concerns on a slump sale basis for Rs 24,713 crore.

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Amazon Moves Against Future Group Over Reliance Deal

An Amazon spokesperson said it had launched legal proceedings. Future Group did not respond to requests for comment.

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Future Enterprises Q1 Net Loss At Rs 322.92 cr

Its revenue from operations was down 87.31 per cent to Rs 179.39 crore during the quarter under review as against Rs 1,414.73 crore of the corresponding quarter last fiscal.

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Future Enterprises Q4 net loss at Rs 394.77 cr

The company had posted a net profit of Rs 66.58 crore in the January-March quarter a year ago, Future Enterprises Ltd (FEL) said in a BSE filing.

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Future Consumer Defaults On Debt Repayment

The current default amount includes principal of Rs 20 crore and interest of Rs 2.03 crore, payable annually,

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Future Group Deal: RIL Says Shardul Amarchand Mangaldas, EY, Deloitte Among Advisors

It was also assisted by consultancy firms like Ernst & Young, Deloitte Haskins & Sells and Price Waterhouse & Co

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Reliance Retail to acquire retail, wholesale, logistics, warehousing business of Future Group

Reliance Retail to acquire retail, wholesale, logistics, warehousing business of Future Group

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