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future group news

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This is why Mukesh Ambani's $3.2 billion Future Retail deal collapsed

File photo of Reliance Industries chairman Mukesh Ambani.
Published on Apr 26, 2022 05:01 PM IST

Reliance calls off 24,713 crore deal with Future Group. This is why....

Reliance Industries Ltd on Saturday said the transaction cannot go ahead as secured creditors of the latter have voted against it.
Published on Apr 23, 2022 06:26 PM IST

Amazon, Future agree to talks after SC nudge

The bench said this while dealing with an appeal filed by Amazon.com NV Investment Holdings LLC against an order passed by the Delhi high court staying the arbitration proceedings with Future Retail at the Singapore International Arbitration Centre
Published on Mar 04, 2022 04:53 AM IST

Approach HC to go ahead with NCLT proceedings: SC to FRL

The top court refrained from examining the rival contentions of Future and Amazon on the aspect of NCLT proceedings, and remanded the matter for adjudication by the high court.
Published on Feb 16, 2022 06:46 AM IST

Supreme Court asks Future Group to move Delhi HC over NCLT proceedings  

File photo of the Supreme Court.
Published on Feb 15, 2022 11:08 AM IST

Future Enterprises to sell 25% stake in insurance JV biz for 1,252 crore

Future Generali (felindia.in)
Published on Jan 28, 2022 04:22 AM IST

Decoding the multilayered Amazon-Future-Reliance legal drama

Future Retail has 1,800 retail stores across 400-plus cities and towns across India.
Published on Jan 11, 2022 03:00 AM IST

SC asks Amazon to not mix up issues, file separate cases

A bench, headed by Chief Justice of India NV Ramana, observed that the companies involved in the legal wrangle should institute cases separately against different orders of the courts.
Published on Nov 24, 2021 04:22 AM IST

Reliance extends deadline to seal deal with Future

The deal has been challenged by Amazon, an investor in Future Coupons, which is a shareholder in Future Retail Ltd.
Published on Oct 02, 2021 06:54 AM IST

Future moratorium ends; lenders plan to meet soon

Future Retail will have to repay by the end of December its dues for the October-December period
Published on Oct 01, 2021 05:46 AM IST

Future seeks urgent hearing on RIL deal

The legal battle could well decide the future of the Indian retail landscape.
Published on Sep 04, 2021 05:07 AM IST

SC upholds Singapore court order on Future-RIL deal

The court also refrained from entertaining submissions by Future Group on ‘third parties’ being affected in proceedings.
Published on Aug 07, 2021 01:45 AM IST

Banks wary of delay in Future funding plan

The acquisition of Future Group by Reliance Industries is the only way out, in the long run, said the second person, also a senior banker.
Published on Jul 07, 2021 12:00 AM IST

No recast for Future if RIL deal gets cleared

Future Retail’s lenders last week agreed to restructure its debt.
Published on Apr 21, 2021 08:02 AM IST

Debt-hit Future Lifestyle likely to get a lifeline from lenders

With the Future Group’s Rs.24,713 crore deal with Reliance Industries Ltd stalled again by a recent Delhi high court order, bankers are preparing loan recast proposals for Future Group firms
Updated on Mar 22, 2021 05:24 AM IST

Future to contest HC order on Biyani over Reliance deal

Kishore Biyani, group CEO, Future group during the re–launch of the Bangalore Central mall that was launched 11 years back in this file picture from 2016.
Published on Mar 20, 2021 07:21 AM IST

HC restrains Future, upholds Singapore tribunal’s ruling

The court also ordered the attachment of all properties of Kishore Biyani, and directed Future Group and its directors to deposit 20 lakh in the Prime Minister’s Relief Fund.
Published on Mar 19, 2021 06:03 AM IST

Future urges Singapore tribunal to modify order to exclude FRL

Home Town - One-stop destination for home solution from Future group. The store is located at Rajarhaat New Town, Kolkata.
Published on Mar 18, 2021 08:18 AM IST

News updates from HT: PM Modi urges bolstering of indigenous defence manufacture

Prime Minister Narendra Modi on Monday outlined that the country now has to step out from an import-dependent status and fast track its defence manufacturing capabilities. (PTI Photo)
Updated on Feb 22, 2021 01:00 PM IST

Future Group creditors scramble to recover $2.5 billion loans

The Future group and Amazon have been locked in a battle after the US-based company took FRL into an emergency arbitration over alleged breach of contract.
Published on Feb 16, 2021 02:03 PM IST

Amazon moves SC in Future Retail-Reliance case

Delhi Court on 8 February also said that FRL is not a party to the Arbitration Agreement between Amazon and Future Group.
Published on Feb 12, 2021 03:38 AM IST

Amazon appeals to India's Supreme Court in Future deal dispute: Sources

The Amazon logo is seen at the Young Entrepreneurs fair. (Representative image)
Published on Feb 11, 2021 09:25 AM IST

Siac panel set up for verdict in Future Group vs Amazon case

On October 25, SIAC had passed an interim order in favour of Amazon, and restrained Future Group from proceeding with the deal.
Published on Jan 06, 2021 11:47 PM IST

Amazon asks SEBI to wait for SIAC order

An employee of Amazon walks through a turnstile gate inside an Amazon Fulfillment Centre on the outskirts of Bengaluru.
Updated on Dec 29, 2020 06:22 AM IST

In India’s retail, a battle of the billionaires

Jeff Bezos, president and CEO of Amazon, and Mukesh Ambani, Chairman and Managing Director of Reliance Industries, are seen in this combination photo.
Updated on Dec 23, 2020 04:54 AM IST

Sebi seeks clarity on BSE nod to Future, Reliance agreement

According to a November 27 notification issued by the Securities and Exchange Board of India (Sebi) that sought an explanation from BSE, the country’s oldest exchange gave its no-objection certificate to the Future Group companies on November 6.
Updated on Dec 03, 2020 05:58 AM IST

‘Big Brother’ Amazon targeted in fight with Ambani over retailer

The legal spat has not only revealed the intensity of the fight between two of the world’s richest men -- Jeff Bezos and Ambani.
Published on Nov 25, 2020 01:45 PM IST

HC reserves order on Future Retail’s plea to injunct Amazon from interfering in Reliance deal

In August this year, Future had reached an agreement to sell its retail, wholesale, logistics and warehousing units to Reliance.
Published on Nov 20, 2020 09:22 PM IST

Why Amazon is feuding with a partner and billionaire Mukesh Ambani

The US e-commerce giant and Future Group, whose assets billionaire Mukesh Ambani’s Reliance Industries Ltd. recently agreed to buy for $3.4 billion, are locked in a dispute over that deal
Updated on Nov 12, 2020 09:16 PM IST