Page 10 - Future Group

Does Future Group's poor FY21 show mean end of the road for Kishore Biyani?

Financials fall due to Covid lockdowns, group posts Rs 5,943 cr loss on Rs 11, 723 cr sales

RIL-Future deal: Lenders worried over big hair-cuts, IBC option open

Retail entity's cash flows have been hit, and if the merger deal does not go through, the working of restructuring would be under strain

Reliance-Future Retail deal may not impact revenue market share

Reliance Retail, despite the pandemic, hit revenues of Rs 157,629 crore in FY21. The Future group's revenues are merely 7 per cent of this, compared to around 18 per cent in FY20

Amazon vs Future Grp: Tech charts show 20% downside in Future Group stocks

Future Group stocks were locked in their respective lower circuit bands, triggering bearish moves in the counters

Supreme Court rules in favour of Amazon in the Future Retail case

The Court said that an order by a Singapore arbitrator in October which put the deal on hold after finding merit in Amazon's objections was valid

FRL-Reliance deal: Will decide if EA award valid, enforceable, says SC

US-based e-commerce giant Amazon.com NV Investment Holdings LLC, and FRL are embroiled in a bitter legal fight over FRL's Rs 24,713-cr merger deal with Reliance Retail

Future deal: SC to hear on July 20 Amazon plea against HC verdict

Senior advocate Gopal Subramanian, appearing for the e-commerce giant, said he had no problem if the hearing on the appeals was adjourned by a week

Future Consumer's Q4 loss narrows to Rs 155 cr, revenue slides by 59%

Total expenses were at Rs 500.06 crore, down 52.5 per cent in the last quarter of 2020-21 against Rs 1,051.87 crore in the year-ago period

RIL seeks NCLT nod for shareholder meeting to approve Future group deal

RIL has already extended the deadline of closure of the deal with Future in anticip­ation of procedural as well as delays res­ulting from the legal battle between Amazon and Future group

Reliance Industries may renegotiate Future group valuation: Bankers

FRL sales to drop by 71% in FY21 owing to pandemic impact; sales in FY22 to remain about 30% lower than in FY20, according to Fitch

Bengal polls LIVE: EC imposes 24-hour campaign ban on two BJP, TMC leaders

The bar on campaigning by the leaders will be in force from 7 pm on April 18 to 7 pm on April 19. Stay tuned for all LIVE updates on latest news here.

Amazon moves SC, challenges lifting of stay on Future-RIL deal by Delhi HC

Amazon has moved the Supreme Court challenging the Delhi High Court's division bench order that had vacated a stay on Kishore Biyani-led Future proceeding with its Rs 24,713 crore asset sale to RIL

Covid-19 or not, show must go on, says Future Group founder Kishore Biyani

We are launching an FMCG brand called Smartsters, which will focus on packaging and product innovations, says Biyani

Reliance Retail extends deadline to complete Rs 24,713 cr deal with Future

Reliance Retail, the retail arm of Reliance Industries, has extended the timeline for six months to complete its Rs 24,713 crore deal with Biyani-led Future to buy its retail and wholesale business

Delhi HC stays single judge's order restraining Future Retail-RIL deal

Justice Midha's order dated March 18 is contrary to the apex court's order, said senior advocate Harish Salve on behalf of Future Retail

Future Group says NCLT can continue hearing on RIL deal as per SC direction

A Division Bench of Delhi High Court comprising Chief Justice DN Patel and Justice Jasmeet Singh has stayed the interim order pronounced by Justice JR Midha

Future Group moves Delhi High Court over RIL deal restraining order

"The company has filed an appeal before the High Court of Delhi against the impugned order dated March 18, 2021 passed by single judge...," said Future Retail

Future Group moves HC against order restraining to go ahead with RIL deal

Future Group approached Delhi High Court challenging order upholding the Singapore's Emergency Arbitrator's (EA) order restraining Future Retail Ltd from going ahead with its deal with Reliance Retail

Delhi HC order would have not come in way of NCLT proceedings: Future Group

The promoters will take appropriate remedies as advised over the directions passed by Justice J R Midha, Future Retail said in a regulatory filing

Top headlines: HC puts Future-RIL deal on hold; Govt may sell stake in RVNL

From Delhi High Court putting Future-Reliance deal on hold to Jio, Airtel, Voda Idea making Rs 21,916 crore upfront payments for spectrum, here are top headlines this morning