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Latest Articles in future group
India's Future Files New Case Against Amazon In Top Court Over $3.4 Bn Retail Deal
The Supreme Court this month dealt a blow to Future when it said an interim decision by a Singapore arbitrator in October 2020 that put its deal with Reliance Industries on hold - following Amazon's complaint - was valid in India.
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Future Group Promoters And Holding Companies Approach The Supreme Court Against Amazon
Amazon, which has 49 per cent stake in one of Future's unlisted firms, Future Coupons Ltd had approached SIAC.
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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.
Read MoreSensex breaches 50K mark, Reliance gains 2.2 pc
Sensex breaches 50K mark, Reliance gains 2.2 pc
Read MoreSEBI 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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