Kishore Biyani
In Focus
Future Retail resolution professional moves NCLT against Kishore Biyani and family alleging fraudulent transaction
PTI -
The application "has been filed pursuant to the findings in the report received from Nangia & Co. LLP, which was appointed as 'Transaction Review Auditor' by the RP," said a regulatory filing from Future Retail Ltd (FRL)
New Delhi: The...
Fashion & Lifestyle
Future Lifestyle Insolvency: Claims worth Rs 3,477 crore admitted from financial creditors
PTI -
Catalyst Trusteeship Ltd has emerged as the lead financial creditor with Rs 600.40 crore, having a 17.4 per cent voting share in the Committee of Creditors (CoC), formed for the debt-ridden Future Group firm
New Delhi: Future Lifestyle Fashions Ltd...
Big Grid
Future Retail shares climb 5%
PTI -
As many as 49 players, including Reliance Retail, Jindal Power Ltd and Adani group, have submitted EoI for acquiring the assets of Future Retail, which is currently going through insolvency resolution process
New Delhi: Shares of Future Retail climbed nearly...
Big Grid
Kishore Biyani withdraws resignation from FRL’s suspended board as Chairman, Director
PTI -
The Resolution Professional of Future Retail Ltd (FRL) had raised objections to the contents of Biyani's resignation letter and had requested him to recall it
New Delhi: Almost one and a half months after resigning from the suspended board of debt-ridden...
Big Grid
Kishore Biyani steps down as chairman of Future Retail
PTI -
Future Retail is facing CIRP (Corporate Insolvency Resolution Process) as a "result of unfortunate business situation", says Biyani
New Delhi: Kishore Biyani has stepped down from the suspended board of Future Retail and has resigned as chairman and director of the...
In Focus
Future Enterprises defaults on principal amount of Rs 126.13 cr in Sep
PTI -
New Delhi: Debt-ridden Future Enterprises has defaulted on a principal amount of Rs 126.13 crore in September, which includes payment obligation of Rs 98.35 crore for NCDs and Rs 27.78 crore to banks, under a one-time restructuring (OTR) scheme.
Future...
Big Grid
Amazon moves SC against Delhi HC stay order restraining Future-Reliance deal
Future Retail on Wednesday said Amazon has approached Supreme Court against a Delhi high court order which stayed a single judge's order restraining Future Retail Ltd from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business according to...
Big Grid
Big Bazaar’s 2-hour delivery promise set to reshape shopping in India
India’s most trusted retail brand, Big Bazaar has announced the
launch of its '2-Hour Delivery Promise' on every product across fashion, food, FMCG and home products for orders placed online through Big Bazaar mobile app and portal. This makes Big...
Retail
Delhi HC stays order restraining Future-Reliance deal, court notice to Amazon
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...
Big Grid
Future Group moves HC against order restraining Future-Reliance deal
The Future Group has approached the Delhi HC challenging a single judge's order upholding the Singapore's Emergency Arbitrator's (EA) order restraining Future Retail Ltd (FRL) from going ahead with its Rs 24,713 crore deal with Reliance Retail Limited to sell its...
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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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