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Coffee Day Global settles debt issue with IndusInd Bank; NCLAT sets aside insolvency proceedings

The counsels representing CDGL and IndusInd Bank informed the Chennai bench of the National Company Law Appellate Tribunal (NCLAT) about the settlement and sought permission to withdraw the insolvency litigations New Delhi: Coffee Day Global Ltd (CDGL) and its financial creditor...

Future Lifestyle Fashion debt reduced to Rs 1,827.9 cr; total default at Rs 1,465.7 cr

FLFL's default of Rs 1,465.67 crore "comprised of the persisting default" of Rs 436.01 crore for the September 2022 quarter, the company said in a regulatory filing New Delhi: Debt-ridden Future Lifestyle Fashion Ltd (FLFL) on Monday said its total...

Future Enterprises defaults on Rs 6.07 crore interest payment for NCDs

Future Enterprises Ltd is unable to service its obligations in respect of the interest on Non-Convertible Debentures due on December 19, 2022 New Delhi: Debt-ridden Future Enterprises Ltd (FEL) on Tuesday said it has defaulted on interest payment of Rs 6.07...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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