All Strange Things About India and world
NCLT to take up Amazon’s plea against Future Group’s insolvency proceedings on June 10Mumbai: The National Company Law Tribunal (NCLT) will hear Amazon’s petition opposing initiation of insolvency resolution proceedings…
Amazon has accused Future Group’s independent directors of adopting fraudulent strategiesNew Delhi: Amazon has accused independent directors of Future Retail Ltd (FRL) of facilitating “fraudulent stratagem” of transfer of 835…
Future Group is now focusing on saving and rebuilding its other firms like Future Lifestyle FashionsNew Delhi: Debt-ridden Future Group is now focusing on saving and rebuilding firms such as…
Future Group’s lenders have rejected a deal for its retail assets from Reliance IndustriesMUMBAI: Lenders to Future Group rejected a $3.4 billion deal for its retail assets from Reliance Industries…
Two Future Group companies have collectively defaulted on loan repayments worth Rs 8,157.97 croreTwo leading companies of the Kishore Biyani-led Future Group – Future Retail Limited (FRL) and Future Enterprises…
Reliance’s takeover of Future Group’s stores has taken Amazon by surpriseMUMBAI: At a large Future Retail supermarket in Mumbai last week, workers were unloading hundreds of bright blue grocery crates…
Future Group has said that it is facing an acute financial crisisFuture Retail Limited (FRL) has said that it is finding it difficult to fund the working capital requirements as…
The Delhi High Court on January 5 had stayed the Amazon-Future arbitration.New Delhi: The Supreme Court on Wednesday sought a response from the Future group on Amazon’s plea against the…