
In his emotional farewell, Biyani, who was associated with Future Retail Ltd (FRL) since 2007 when it was incorporated, said…
This is a deep concern to the relevant stakeholders of FRL, including the creditor banks, shareholders, vendors and the Indian…
Ambani’s Reliance Retail Ventures Ltd, a subsidiary of Reliance Industries Ltd, submitted the expression of interest (EoI) under insolvency proceedings…
Resolution professional to release final list of applicants soon
FRL, which operates leased retail stores, had a pan-India presence in financial year 2020-21 with 1,308 stores in 397 cities…
FRL’s employee strength has also gone down substantially. According to the FY21 annual Report, FRL had 21,839 employees at head…
The Future group firm has received a letter from the Registrar of Companies – Mumbai, Maharashtra, on Thursday
The state-owned lenders and others have sought about Rs 12,755 crore and FRL received Rs 265 crore worth of claims…
The audit will be “with respect to the related party transactions with FRL during the above review period”, said the…
Tribunal initiates insolvency proceedings, rejects Amazon’s objections
Indian equity markets are likely to open on a tepid note on Tuesday amid mixed global cues. SGX Nifty was…
BoI had submitted that the lender’s plea against FRL has no connection with Amazon as the proceedings are in line…
The debentures are secured and have a coupon rate of 10.25 per cent per annum.
Further, there are no common partners among these two entities and DHS had not audited Future Retail in the past…
The US firm had moved the application under Section 65 of the Insolvency and Bankruptcy Code (IBC), which deals with…
The insolvency petition, filed by Bank of India (BoI) in May, had come up for hearing before the Mumbai bench…
The tribunal was hearing the intervention plea filed by e-commerce major Amazon. The Jeff Bezos-led company filed the intervention plea…
Indian benchmark indices were trading with gains on Friday, tracking upbeat cues from overseas. The BSE Sensex was up around…
The information, which has been provided only by one party with “mala fide intent”, should not have any material impact…
Indian benchmark indices held marginal losses in noon deals as Asian Paints and IT stocks witnessed selling pressure. Private banking…
Indian equity markets are likely to open gap up on Wednesday amid mixed global cues. Nifty futures were trading 37.50…
Future Enterprises (FEL), Future Retail (FRL) and Future Lifestyle Fashions (FLFL) said in separate regulatory updates that their present board…
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