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Kishore Biyani
Business  /  Published 24.04.22

Future: next stop bankruptcy court

The announcement triggered an ugly whirlpool of legal disputes fought on multiple fronts for control of the country’s $900-billion retail sector between Reliance Group and Future Group’s p...
By Paran Balakrishnan 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 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

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Business  /  Published 20.03.22

Key Future group meet on April 20

Listed companies of the Kishore Biyani-led Future group on Saturday informed exchanges that a meeting of their respective shareholders and creditors will be  convened on April 20 and 21 to get th...
By PTI in New Delhi

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 16.03.22

Banks tighten screws on Biyani

Banks have started to move against Future Retail Ltd (FRL) after talks between the Kishore Biyani-led group and Amazon failed. On Monday, Bank of India (BoI) issued a public notice in the newspapers o...
By Our Special Correspondent in Mumbai

Business  /  Published 02.03.22

Future Retail allowed to seek deal approval

Future group firms have received the green signal from the National Company Law Tribunal to convene the meetings of their shareholders and creditors to vote on Future’s Rs 24,713 crore deal with...
By Our Special Correspondent in Mumbai

Business  /  Published 31.01.22

Future Retail: NPA hearing at SC today

With the threat of insolvency proceedings hanging over its head, Monday will be a crucial day for Future Retail Ltd (FRL) as the Supreme Court hears a petition on whether to classify the company as a ...
By Our Special Correspondent in Mumbai


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