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Latest Articles in future retail

Future Retail Appeals Against Delhi HC Order Dismissing Its Writ Petition

The Singapore International Arbitration Center (SIAC) is adjudicating Amazon's objections against Future Group's Rs 24,713 crore deal with Reliance Retail Ventures Ltd, a subsidiary of Reliance Industries Ltd.

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FRL-Reliance Deal: Future Retail, Promoters Approach Delhi High Court Against SIAC Order

The Singapore tribunal had on December 30 refused to consider the Future group's request for terminating the arbitration proceedings before the commencement of the final hearing this week.

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Future Retail Asks Court To Declare Arbitration With Amazon Illegal

Armed with a December antitrust ruling against Amazon, Future Retail has petitioned the Delhi High Court and the arbitration tribunal in Singapore saying that continuing arbitration would be illegal.

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Future Retail Employees Urge Top Court To Clear Asset Sale In Amazon Dispute

As Supreme Court hears the dispute, a group of Future Retail (FRL) employees have filed a petition urging the court to rule against Amazon, saying their livelihoods were at stake.

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Future Consumer Focusing On Digital First Model Across Brand Activities

While the company will explore opportunities in new generation categories, the prime focus will be on expanding and enhancing the existing portfolio with strong focus on increasing gross margins across food, home and personal care categories.

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Future Retail Dives 10 %; Group Cos Stocks Also Tumble

Shares of Reliance Industries Limited also dipped 2.53 per cent to Rs 2,079.20 during the day. It closed at Rs 2,089.05, a drop of 2.07 per cent.

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Future Retail Dives 10 %; Group Cos Stocks Tumble Up To 16 %

Future Supply Chain Solutions, Future Lifestyle Fashions and Future Enterprises also touched their lower circuit limit.

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HC Stays Order Restraining Future Retail To Go Ahead With Reliance Deal, Asks Amazon To respond

It also stayed the single judge order to attach assets of Future Group's Kishore Biyani and others directing them to appear in the court on April 28.

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Future Retail Gets Relief From Delhi HC Bench In RIL Deal Case

Amazon had approached the Delhi High Court seeking enforcement of the interim order of the Emergency Arbitrator (EA) at the Singapore International Arbitration Centre (SIAC) that had restrained FRL from going ahead with the deal with Reliance.

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SEBI Bans Future CEO From Securities Market In Insider Trading Case

SEBI also barred Biyani from trading in Future Retail shares for two years. Future Corporate Resources and the two Biyani brothers will each need to pay a penalty of 10 million rupees ($137,099) within 45 days

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Sensex slips below 50,000 on profit booking

Sensex slips below 50,000 on profit booking

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Delhi High Court Dismisses Future Group's Plea Against Amazon.Com

Amazon is locked in a bitter legal dispute with Future Group, which in August sold its retail assets to Mukesh Ambani-led Reliance Industries. The deal breaches agreements made in 2019 by Future, according to the U.S. online retailer.

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Amazon-Future Tussle: Singapore's Arbitration Court Rejects Future Retail's Plea

FRL ran into a severe cash crunch soon after the nationwide lockdown imposed to curb the coronavirus outbreak. It cut a deal with Reliance Industries Ltd (RIL) to sell assets for Rs 24,713 crore.

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NSE Warned Future Retail Of Action Over Disclosures On Amazon Dispute - Emails

Future Retail - one of country's top retailers - has been locked in a bitter dispute with Amazon over its $3.4 billion retail assets deal with Reliance Industries.

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Future Retail posts Q2 net loss of Rs 692 cr; Net sales down 74%

Its revenue from operations was down 73.86 per cent at Rs 1,424.21 crore during the quarter under review as against Rs 5,449.06 crore in the corresponding quarter last year.

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