Future Retail Ltd
Big Grid
SC sends notice to Future Retail Ltd on Amazon plea against HC order
The Supreme Court Monday sought responses from Future Retail Ltd (FRL) and others on Amazon's plea against the Delhi High Court direction to maintain status quo on the Future-Reliance deal. The apex court said the proceedings before the National Company Law Tribunal (NCLT) will...
Big Grid
Delhi HC stays direction to Future-Reliance deal status quo order
The Delhi High Court on Monday stayed its single judge direction to Future Retail Ltd (FRL) and various statutory authorities to maintain status quo with regard to the Rs 24,713 crore deal with Reliance Retail. A bench of Chief Justice D N Patel...
Retail
Amazon's attempt to control Future Group violates FEMA FDI: Delhi HC
The Delhi High Court has ruled that US e-commerce giant Amazon's attempt to control Future Retail through a conflation of agreements it has with an unlisted unit of the Indian company will be violative of the FEMA FDI rules, the Kishore Biyani-led firm said on...
Retail
Amazon not shareholder, no say in company affairs: Future Retail tells Delhi High Court
Kishore Biyani-led Future Retail Ltd (FRL) Thursday told the Delhi High Court that Amazon was not its shareholder and has no say in its affairs and the interim order passed by the Singapore International Arbitration Centre (SIAC) was of...
Retail
Future Retail logs Q1 net loss of Rs 562 crore
Future Retail Ltd on Monday reported a consolidated net loss of Rs 561.95 crore for the first quarter ended June 2020.
According to a report: The company had posted a net profit of Rs 159.24 crore in the April-June quarter...
Retail
Future Enterprises posts Q3 net profit of Rs 81.92 crore
Homegrown retail major Future Enterprises has reported a standalone net profit of Rs 81.92 crore for the quarter ended on December 31, 2017.
According to a PTI report: The company, earlier known as Future Retail Ltd (FRL), had posted a...
Food
Shoppers Stop shareholders approve Hypercity's sale to Future Retail
K Raheja Corp Group firm Shoppers Stop said its shareholders have approved sale of its subsidiary Hypercity to Kishore Biyani-led Future Retail Ltd (FRL).
According to a PTI report: The company has received 99.35 per cent votes in favour on...
Retail
Future Group brings UK based lifestyle brand Laura Ashley to India
Future Retail Ltd, a part of Future Group, and Laura Ashley has signed an exclusive right and license to establish, own and operate stores and websites in India. Under this agreement, Future Retail Ltd will also have the right...
Retail
Kishore Biyani's Future Retail's Q2 net profit stands at Rs 73 cr
Future Retail Ltd (FRL) on Tuesday reported a standalone net profit of Rs 73.63 crore for the second quarter ended September.
The company had reported a net loss of Rs 56.69 crore during July-September quarter a year-ago, FRL said in...
Fashion & Lifestyle
Kishore Biyani's Cover Story ready to take on Zara, H&M
Kishore Biyani-led Future Retail is all set to launch its first exclusive brand outlet (EBO) for women's fast fashion next month.
The brand has been named Cover Story and aims to take international brands like Zara and H&M head on.
Says CEO...
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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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