Page 2 of Future Retail

Future Retail gets Rs 21,057 crore claims from 33 financial creditors

The state-owned lenders and others have sought about Rs 12,755 crore and FRL received Rs 265 crore worth of claims…

August 23, 2022 03:30 IST

SEBI orders forensic audit of Future Retail accounts and transactions with three group firms

The audit will be “with respect to the related party transactions with FRL during the above review period”, said the…

August 4, 2022 22:14 IST

On June 27, NCLT’s Mumbai bench, which has been hearing the case, had reserved its order for a later date.

NCLT admits insolvency petition filed by Bank of India against Future Retail

Tribunal initiates insolvency proceedings, rejects Amazon’s objections

July 21, 2022 05:00 IST

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ICICI Bank, Future Retail, Star Health Insurance, Cipla, Bank of Baroda, GMR Infrastructure stocks in focus

Indian equity markets are likely to open on a tepid note on Tuesday amid mixed global cues. SGX Nifty was…

June 28, 2022 08:09 IST

Future Retail: NCLT reserves order on Amazon petition against BoI’s insolvency proceedings plea

BoI had submitted that the lender’s plea against FRL has no connection with Amazon as the proceedings are in line…

June 27, 2022 21:24 IST

Future Enterprises defaults on Rs 4.10 crore interest payment for NCDs

The debentures are secured and have a coupon rate of 10.25 per cent per annum.

June 25, 2022 17:22 IST

The tribunal’s Mumbai bench will continue to hear the petition filed by US retail major Amazon opposing BoI’s insolvency petition against FRL, on Monday.

Future Retail’s objections to resolution professional misplaced: Bank of India counsel

Further, there are no common partners among these two entities and DHS had not audited Future Retail in the past…

June 25, 2022 05:00 IST

The insolvency petition, filed by BoI in May, had come up for hearing before the Mumbai bench of tribunal again today. The bankruptcy court would continue hearing Amazon’s side on why its plea is maintainable, following which it will hear BoI’s arguments.

NCLT to continue hearing Future Retail case on Monday

The US firm had moved the application under Section 65 of the Insolvency and Bankruptcy Code (IBC), which deals with…

June 17, 2022 01:00 IST

NCLT to now hear Amazon’s plea against FRL tomorrow

The insolvency petition, filed by Bank of India (BoI) in May, had come up for hearing before the Mumbai bench…

June 15, 2022 03:45 IST

The total exposure of banks to FRL is estimated to be at about Rs 17,000 crore.

Future Retail insolvency case adjourned to Tuesday

The tribunal was hearing the intervention plea filed by e-commerce major Amazon. The Jeff Bezos-led company filed the intervention plea…

June 11, 2022 06:15 IST

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Future Retail, Muthoot Finance among 50 stocks to hit 52-week low on BSE, 44 scrips at fresh highs

Indian benchmark indices were trading with gains on Friday, tracking upbeat cues from overseas. The BSE Sensex was up around…

May 27, 2022 12:48 IST

Future Retail hits back at Amazon, denies accusations against independent directors

The information, which has been provided only by one party with “mala fide intent”, should not have any material impact…

May 26, 2022 04:30 IST

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Future Retail, Shree Cement among 111 stocks to hit 52-week low on BSE, 63 scrips at fresh highs

Indian benchmark indices held marginal losses in noon deals as Asian Paints and IT stocks witnessed selling pressure. Private banking…

May 25, 2022 13:21 IST

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BPCL, Indian Hotels Company, Future Retail, Coal India, Grasim stocks in focus

Indian equity markets are likely to open gap up on Wednesday amid mixed global cues. Nifty futures were trading 37.50…

May 25, 2022 08:03 IST

Unable to declare Q4 earnings before May 30 deadline, say three Future Group firms

Future Enterprises (FEL), Future Retail (FRL) and Future Lifestyle Fashions (FLFL) said in separate regulatory updates that their present board…

May 25, 2022 03:40 IST

Transfer of stores to Reliance Retail: Amazon accuses Future directors of foul play

E-commerce major seeks investigation by regulators

May 23, 2022 04:45 IST

Earlier in March, FRL’s chief executive officer Sadashiv Nayak has resigned, seven months after he was appointed to the post. However, no reasons were attributed to his resignation. Nayak, who has been with Future Group for nearly 18 years, and was the CEO of the group’s grocery chain Big Bazaar for the past 8 years.

Future Retail Chief Financial Officer CP Toshniwal quits

Accordingly, he has ceased to be CFO and a key managerial personnel of the company, FRL said in a regulatory…

May 14, 2022 02:45 IST

Future Retail, HDFC AMC among 75 stocks to hit 52-week low on BSE, 42 scrips at fresh highs

Indian equity markets on Friday bounced back slightly from Thursday’s rout as the key benchmark indices were trading higher amid…

May 13, 2022 13:27 IST

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