Future Retail

SpaceMantra revises bid for Future Retail

SpaceMantra, which runs an online marketplace for the construction and interior industry, had offered about Rs 550 crore through an…

February 19, 2024 04:15 IST

Palguntech wants CoC to consider its bid for Future Retail

Palguntech, backed by US-based technology entrepreneurs, was looking to foray into the Indian retail market through the acquisition of FRL’s…

October 11, 2023 05:00 IST

SpaceMantra, certain lenders seek relook at Future Retail bid

The move follows the rejection of SpaceMantra’s bids by the committee of creditors (CoC) after it didn’t get the requisite…

October 4, 2023 02:00 IST

Budget 2024, interim budget, budget expectations, retail industry, FMCG, Grooming and beauty, household, Health sector, GST, infrastructure, investments, rural India

Future Retail RP seeks 29 days to complete insolvency process

The RP has approached the National Company Law Tribunal (NCLT) seeking a further extension till September 15.

August 17, 2023 02:20 IST

Reliance Retail among prospective buyers for Future Enterprises

The resolution professional of Future Enterprises Ltd (FEL) has finalised a provisional list of three Prospective Resolution Applicants (PRA), an…

Updated: July 12, 2023 15:42 IST

Reliance Retail, industry news, expressions of interest , Future Supply Chain Solution

Claims worth Rs 19.4k crore admitted for Future Retail

Bank of New York Mellon had claimed a total of Rs 4,670 crore, of which Rs 4,109 crore was verified.

Updated: June 8, 2023 08:23 IST

Future Retail insolvency process: 48 companies selected as eligible prospective bidders

As many as 48 companies, including Reliance Retail, Jindal Power Ltd and Adani group, are in the final list of…

April 24, 2023 17:46 IST

Future Retail’s creditors seek 90 days extension for concluding insolvency resolution process

Lenders of debt-ridden Future Retail Ltd (FRL) has sought an extension of 90 days for concluding the Corporate Insolvency Resolution…

Updated: April 13, 2023 03:05 IST

future retail reliance industries, adani group, future retail, future group,

Reliance, Adani in fray for Future Retail

Future Retail, which was admitted for insolvency proceedings after the company failed to meet its loan obligations, has been undergoing…

April 11, 2023 03:45 IST

Mukesh Ambani, Gautam Adani, business empire, Hindenburg Research, stock prices, governance concerns, capital expenditure, Adani Wilmar sales, renewable energy, Reliance Industries

Reliance, Adani among 49 bidders for debt-ridden Future Retail

Future Retail, once India’s second-largest retailer, was dragged into bankruptcy proceedings by banks after it defaulted on loans and its…

April 10, 2023 18:59 IST

Kishore Biyani, Kishore Biyani news, Kishore Biyani latest news, Kishore Biyani resignation, Future Group, Future retail

Future Retail boss Kishore Biyani withdraws resignation

The company, currently under insolvency proceedings, said “the resolution professional objected to the contents of (Biyani’s resignation) letter” and requested…

Updated: March 15, 2023 22:31 IST

Future Retail, Kishore Biyani, resignation, Bankruptcy, insolvency, resolution, business, stock exchanges, management, lenders, retail format, retail, wholesale, logistic, warehousing

Kishore Biyani steps down as chairman of Future Retail

In his emotional farewell, Biyani, who was associated with Future Retail Ltd (FRL) since 2007 when it was incorporated, said…

January 27, 2023 10:35 IST

Future Retail, Future Retail resolution, Future Retail resolution plan, InGovern

Future Retail: InGovern seeks insolvency board’s action

This is a deep concern to the relevant stakeholders of FRL, including the creditor banks, shareholders, vendors and the Indian…

December 15, 2022 03:30 IST

April Moon Retail Private Ltd, a joint venture between Adani Airport holdings and Flemingo group, also submitted an EoI.

Ambani, Adani among 13 bidders for Future Retail

Ambani’s Reliance Retail Ventures Ltd, a subsidiary of Reliance Industries Ltd, submitted the expression of interest (EoI) under insolvency proceedings…

November 11, 2022 18:29 IST

OVER A DOZEN SUITORS SUBMIT EoI: Adani versus Ambani in Future Retail race

Resolution professional to release final list of applicants soon

November 11, 2022 06:30 IST

Future Retail, Future Retail resolution, Future Retail insolvency,

Future Retail insolvency: Expression of interest invited from prospective buyers by Oct 20

FRL, which operates leased retail stores, had a pan-India presence in financial year 2020-21 with 1,308 stores in 397 cities…

October 7, 2022 02:45 IST

However, it added that the timelines "remain subject to modification by the CoC and any extension/exclusion to the timelines" for completion of CIRP of FRL under the Insolvency & Bankruptcy Code (IBC) 2016.

Future Retail insolvency: Expression of interest invited from prospective buyers by Oct 20

FRL’s employee strength has also gone down substantially. According to the FY21 annual Report, FRL had 21,839 employees at head…

October 6, 2022 17:45 IST

Future Lifestyle Fashions, Kishore Biyani, Mukesh Ambani, reliance retail, retail war, amazon

Future Lifestyle Fashions gets 3 months extension for holding AGM

The Future group firm has received a letter from the Registrar of Companies – Mumbai, Maharashtra, on Thursday

Updated: September 8, 2022 20:59 IST

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