All Strange Things About India and world
The National Company Law Tribunal (NCLT) on Monday reserved its order on the petition filed by Amazon opposing Bank of India’s plea to initiate insolvency resolution proceedings against debt-ridden Future…
Future Enterprises plans to raise Rs 3,000 crore from selling its stake in insurance businessNew Delhi: Debt-ridden Future Group firm Future Enterprises Ltd expects to raise around Rs 3,000 crore…
Future Group firms’ shares sink again as Reliance deal fails: 10 Points Shares of Future Group companies tumbled again on Tuesday on increasing concerns that the group faces bankruptcy risk,…
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 stocks plunge after Reliance deal falls throughNew Delhi: Shares of Future Group companies fell sharply on Monday, some as much as 20%, after India’s biggest retailer Reliance called…
Future group’s creditors rejected deal, so it cannot be implemented: RelianceFollowing secured creditors – primarily banks and financial institutions – of several listed entities of Future Group rejection of the…
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…
Future Enterprises Ltd has defaulted on payment of interest due on non-convertible debenturesNew Delhi: Debt-ridden Future Enterprises Ltd (FEL) has defaulted on the payment of interest of Rs 1.22 crore…
Bank Of India has initiated insolvency proceedings against Future RetailNew Delhi: Bank of India has moved the National Company Law Tribunal (NCLT), filing a petition to initiate insolvency proceedings against…
Amazon warns Future Retail to hold shareholders’ meet to approve asset sale to Reliance RetailNew Delhi: Amazon has warned Future Retail Ltd (FRL) against holding meetings of its shareholders and…