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Reliance Retail
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 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 23.03.22

Judge’s absence stalls Future Retail hearing

⚫ Case hearing on March 23. It got delayed because of non-availability of Justice Hima Kohli ⚫ Hearing pushed to April 1. Justice Kohli expected to be present that day ⚫ If she is unavailable ...
By Our Legal Correspondent in New Delhi

Business  /  Published 21.03.22

RRVL acquires Clovia

Reliance Retail Ventures Ltd (RRVL) on Sunday announced the acquisition of an 89 per cent equity stake in Clovia, an industry leader in the bridge-to-premium intimate wear category, with an investment...
By PTI in New Delhi

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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 11.03.22

RIL tightens grip over Future Retail

The transaction is yet to be consummated as Amazon blocked the deal citing violation of an agreement struck with Kishore Biyani in 2019. A week ago, Amazon’s counsel Gopal Subramanian suggested...
By Our Special Correspondent in Mumbai

Business  /  Published 16.02.22

Supreme Court go-ahead for FRL suit

The Supreme Court on Tuesday allowed Future Retail Limited to approach the Delhi high court with its plea to continue the proceedings before the National Company Law Tribunal (NCLT) on its Rs 24,713-c...
By Our Legal Correspondent in New Delhi

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

Business  /  Published 02.02.22

SC sets aside Delhi HC order against Future

In a huge relief to Future Retail Limited (FRL) and its subsidiary Future Coupons Limited (FCL), the Supreme Court on Tuesday set aside a Delhi high court order for the implementation of an internatio...
By Our Legal Correspondent in New Delhi


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