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Top headlines: Future Retails averts default, airport privatisation, more

Business Standard brings to you a snapshot of top events which made the headlines today

future retail, future group, big bazaar, bazar
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The company has defaulted on July 22 and Future had said it will be able to make the coupon payment within the grace period

BS Web Team New Delhi
Future Retail averts default, pays Rs 100 crore interest on bonds
Future Retail has managed to avert a default by paying Rs 100 crore of interest on its foreign bonds on Monday. The interest was paid on the last date of the 30-day grace period granted by the bondholders of the $500 million senior secured notes. Read on...

Kerala Assembly passes resolution against leasing airport to Adani
The Kerala Assembly passed a unanimous resolution on Monday, demanding the withdrawal of the Union Cabinet's decision to lease out the international airport at Thiruvanthapuram to Adani Enterprises Ltd. Chief Minister