Future Retail

The Delhi high court on Monday stayed the single judge order restraining Future Retail's Rs 24,713 crore deal with Reliance Retail to sell its retail and wholesale business. The Kishore Biyani-led group firm, Future Retail Ltd (FRL) had filed an...

In an interim order, the Delhi High Court directed Kishore Biyani-led Future Retail to maintain status quo on the Rs 27,513 crore Future Retail-Reliance deal until 'the pronouncement of the reserved order'. The court blocked the sale of a swathe of...

Future Enterprises Ltd on Wednesday reported a consolidated net loss of Rs 320.56 crore for the second quarter ended September 2020, on account of lower revenue from operations. The company had posted a net profit of Rs 21.78 crore...

Heritage Foods has sold its entire holding representing over 3 per cent stake in Kishore Biyani-led Future Retail for around Rs 132 crore in the open market to mainly repay its long term loans. "The company has disposed off its entire holdings/investment...

Kishore Biyani-led Future Retail Ltd on Thursday accused e-commerce giant Amazon of adopting a media strategy of "having every development reported and converted into a line of communication with stock exchanges" regarding the Amazon-Future Coupons' arbitration proceedings in Singapore. According...

Future Retail Ltd's plea to be excluded from being a party to the Amazon-Future Coupons' arbitration proceedings has been turned down and the Court of Singapore International Arbitration Centre (SIAC) has ordered that the arbitration shall proceed, according to...

Despite Amazon's objections, the Competition Commission of India (CCI) has cleared the Future-Reliance deal. Announcing the decision on Twitter on Friday, CCI said, "Commission approves acquisition of retail, wholesale, logistics & warehousing businesses of Future Group by Reliance Retail Ventures...

The Future Retail shareholders agreement, the Future Coupons shareholders agreement and the Future Coupons share sales agreement are not an integrated transaction and if these agreements were to be treated as a single integrated transaction, it would tantamount to...

Future Retail reported a consolidated net loss of Rs 692.36 crore for the July-September period. During the same period last fiscal, the company had reported a consolidated net profit of Rs 165.08 crore. Its revenue from operations during the period under...

Future Retail has told the exchanges that Amazon has sought damages amounting to Rs 1,431 crore, along with interest, for the investment the latter had made into Future Coupons Pvt Ltd. In a regulatory filing, Future Coupons said that even...