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Latest Articles in future group

Lenders To Withdraw Debt Recast If Future Group-RIL Deal Goes Through

lenders of Future Supply Chain Solutions Ltd also approved the debt restructuring plan of the company, but as its total debt was below Rs 1,500 crore, it does not require approval from the Kamath panel.

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Amazon Moves SC Against Delhi HC Stay Order Restraining Future Retail Deal With Reliance

Future Group and Amazon have been locked in a battle after the US-based company took FRL into the emergency arbitration over alleged breach of a contract between them.

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Reliance Retail Extends Deadline To Complete Rs 24,713 Crore Deal With Future Group

The NCLT has reserved its order over the scheme of arrangement in which all the Future Group’s retail assets would be consolidated under Future Enterprises Ltd and then would be transferred to RRVL through sale.

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Big Bazaar Introduces Instant Delivery Service, Aims 1 Lakh Orders Per Day

Future Group had announced that its retail and wholesale business would be sold to Reliance Retail, owned by oil-to-chemical conglomerate RIL in a Rs 24,713 crore deal.

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Supreme Court Bars Final Tribunal Ruling On Future's $3.4 Billion Deal

Indian stock exchanges and the antitrust watchdog have already cleared the deal, which now awaits clearance by the National Company Law Tribunal (NCLT), in line with regulatory procedures.

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Future Group Creditors Scramble To Recover $2.5 Billion Loans Amid Reliance Deal Woes - Bankers

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.

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SAT Stays SEBI's Order Banning Kishore Biyani, Other Future Promoters From Markets

SAT has also directed the Future Group promoters to deposit a sum of Rs 11 crore as an interim measure.

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Future Says Amazon Asked For $40mn As Compensation For RIL Deal, e-commerce Major Denies Charge

In August 2019, Amazon had agreed to purchase 49 per cent of one of Future's unlisted firms, Future Coupons Ltd (which owns 7.3 per cent equity in BSE-listed Future Retail through convertible warrants), with the right to buy into the flagship Future Retail after a period of three to 10 years.

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India's Future Group Shares Soar After Court Lifts Hold On Reliance Deal

Shares of Future Retail rose nearly 10% to 80.50 rupees in early trade, while Future Consumer, Future Enterprises and Future Lifestyle Fashions gained between 8.2% and 9.9%.

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Delhi High Court Gives Interim Relief To Amazon In Dispute With Future Group

Indian stock exchanges last month cleared Future's deal with Reliance, despite Amazon's repeated requests to regulators to block the deal.

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Sensex breaches 50K mark, Reliance gains 2.2 pc

Sensex breaches 50K mark, Reliance gains 2.2 pc

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SEBI nod to Future Group-Reliance Retail deal

SEBI nod to Future Group-Reliance Retail deal

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Future Group Firms Receive Large Orders From Reliance

The group firms Future Consumer and Future Enterprises have recently received orders from Reliance Industries.

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Delhi High Court Dismisses Future Group's Plea Against Amazon

Future is widely credited as transforming India's retail sector in recent decades. However, the COVID-19 pandemic has hit the business so hard that founder Kishore Biyani sought a buyer.

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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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