FEL has made many other announcements on the non-payment of dues. Earlier this month, it defaulted on the payment of an aggregate amount of Rs 2,835.65 crore to a consortium of banks.
On March ...
Kishore Biyani group firm Future Enterprises Ltd has defaulted on payment of interest on non-convertible debentures (NCDs).
“The company is unable to service its obligations in respect of the i...
Kishore Biyani-led Future Retail is planning to raise up to $500 million (Rs 3,590 crore) to acquire certain in-store infrastructure assets. The funds will be raised via dollar-denominated bonds.In Oc...