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Future Retail Ltd
Business  /  Published 29.04.22

Raids on sellers on Amazon, Flipkart

India’s antitrust body launched raids early on Thursday against two top domestic sellers of online retail giant Amazon.com Inc, and some on Walmart’s Flipkart, following accusations of com...
By Reuters in New Delhi/Mumbai

Business  /  Published 25.04.22

Future Group: Focus on rebuilding firms

Debt-ridden Future Group is now focusing on saving and rebuilding firms such as -- Future Lifestyle Fashions, Future Supply Chain Solutions, Future Consumer and Future Enterprises, after the Rs 24,713...
By Our Bureau, PTI in New Delhi

Business  /  Published 24.04.22

RIL backs out of Future deal

Reliance Industries Ltd (RIL) has pulled the plug on its Rs 24,713 crore-deal with Kishore Biyani’s Future group to acquire its retail business — a prospect that loomed earlier this week a...
By Our Special Correspondent in Mumbai

Business  /  Published 23.04.22

Future lenders vote against Reliance deal

The secured creditors of Future Retail Ltd (FRL) have voted against the group’s plan to sell its retail and other assets to Reliance Retail, putting the Kishore Biyani-company's Rs 24,713-cr...
By Our Special Correspondent in Mumbai

Business  /  Published 20.04.22

e-voting ends for Future Retail shareholders

The electronic voting process for the shareholders of  debt-ridden Future Retail Ltd (FRL) ended on Tuesday evening ahead of the meetings of the shareholders and creditors to approve the sale of ...
By PTI in New Delhi

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Business  /  Published 14.04.22

FRL warned not to call meet

Amazon has warned Future Retail Ltd (FRL) against holding meetings of its shareholders and creditors next week to pass a resolution seeking to approve the sale of its retail assets to Reliance Retail ...
By Our Special Correspondent in Mumbai

Business  /  Published 30.03.22

Future stares at insolvency action

Lenders are preparing to haul Future Retail Limited (FRL) through an insolvency process. The creditors led by Bank of India have invited bids from insolvency professionals by the close of Tuesday (Mar...
By Our Special Correspondent in Mumbai

Business  /  Published 17.03.22

Imperfect notes in Future letter

Future Retail has tried to clear the air on how it suddenly lost control of over 1100 stores to Reliance Retail but ended up tying itself in knots as it failed to explain why it had clamped down on ma...
By Our Special Correspondent in Mumbai

Business  /  Published 10.02.22

FRL lenders try to skirt IBC

 Lenders to Future Retail Ltd are trying to delay the process of hauling the battered retailer into an insolvency process. Several prominent bankers within the 27-member lenders’ consortiu...
By Our Special Correspondent in Mumbai

Business  /  Published 04.02.22

FRL lenders propose bidding war

Lenders to Future Retail have asked the Supreme Court to allow the sale of the beleaguered retailer through an auction process in which warring suitors Amazon and Reliance Retail could submit bids. &...
By Our Legal Correspondent in New Delhi


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