Wednesday, Jun 29, 2022
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Future Enterprises Defaults On Rs 4 Crore Interest Payment For NCDs

Future Enterprises Defaults On Rs 4 Crore Interest Payment For NCDs

Earlier this week, FEL defaulted twice on interest payments of Rs 85.71 lakh and Rs 6.07 crore for its non-convertible debentures

25 June 2022
Future Retail: NCLT To Hear Amazon's Petition Opposing Insolvency Proceedings On June 10

Future Retail: NCLT To Hear Amazon's Petition Opposing Insolvency Proceedings On June 10

A plea seeking initiation of insolvency resolution proceedings against FRL was filed by Bank of India (BoI), the lead banker in the consortium of lenders to...

06 June 2022

Future Retail's Chief Financial Officer C P Toshniwal Resigns

Toshniwal's resignation is the recent addition to the string of resignations that started after the Rs 24,713-crore deal was called off last month by the...

Future Retail MD Rakesh Biyani Steps Down, Company Secretary Resigns

Future Retail MD Rakesh Biyani Steps Down, Company Secretary Resigns

The Future Group flagship firm is facing an insolvency petition by its lenders before the National Company Law Tribunal

05 May 2022

Future Group Shares Tank Up To 20% After Reliance Calls Off Deal

The stock of Future Consumer plummeted 19.91 per cent, Future Supply Chain Solutions slipped 19.96 per cent, Future Lifestyle Fashions 19.89 per cent, Future...

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15 April 2022
Future Enterprises Defaults On Rs 1.22 Crore Interest Payment; Second Time In A Week

Future Enterprises Defaults On Rs 1.22 Crore Interest Payment; Second Time In A Week

This is the second default by the Kishore Biyani-led Future group firm this week. On April 12, FEL had informed about the default on the payment of Rs 9.10...


13 April 2022
Amazon Warns Future Retail Against Holding Meeting To Approve Deal With Reliance: Report

Amazon Warns Future Retail Against Holding Meeting To Approve Deal With Reliance: Report

FRL has scheduled the meetings on April 20 and 21 after the National Company Law Tribunal (NCLT) in February had allowed it to go ahead and convene those...


01 April 2022
Future Retail Ltd Defaults On Repayment Of Rs 5,322 Crore Debt

Future Retail Ltd Defaults On Repayment Of Rs 5,322 Crore Debt

Last year, FRL had entered into a One Time Restructuring (OTR) scheme for COVID-hit companies with a consortium of banks and was under obligation to raise Rs...


10 March 2022
Reliance Terminates Lease For 835 Stores: Future Retail

Reliance Terminates Lease For 835 Stores: Future Retail

In stock exchange filings, the Kishore Biyani-led Future Group firms said they have been served notices to terminate the lease of 835 Future Retail stores and...


03 March 2022
Amazon Plans To File Criminal Case Against Future Over Store Transfers: Report

Amazon Plans To File Criminal Case Against Future Over Store Transfers: Report

Amazon and Future Group dispute Future's $3.4 billion sale of assets to Reliance Industries


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