Search For "future retail"
Future Retail's Chief Financial Officer C P Toshniwal resigns
Updated : 1 month, 2 weeks ago IST
Mumbai (Maharashtra) [India], May 14 (ANI): Kishore Biyani-led Future Retail's Chief Financial Officer (CFO) C P Toshniwal has resigned from the company with effect from May 12.
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SC asks if it can pass orders restraining alienation of FRL's assets
Updated : 2 months, 3 weeks ago IST
New Delhi [India], April 2 (ANI): The Supreme Court has asked whether it can pass any interim order on a plea of Amazon that Future Retail Ltd's (FRL) assets including Big Bazaar shops not be alienated till the dispute over its merger with Reliance Retail is decided by the arbitral tribun
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Amazon, Future talks have failed, Amazon lawyer to SC
Updated : 3 months, 2 weeks ago IST
New Delhi [India], March 15 (ANI): US e-commerce giant Amazon on Tuesday told the Supreme Court that there were talks for settlement between Amazon and Future Group but there has been no headway in the mediation proceedings on the assets of Future Retail Ltd (FRL).
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A sigh of relief for vendors, employees, owners as Reliance takes over Fut
Updated : 3 months, 3 weeks ago IST
New Delhi [India], March 3 (ANI): As Mukesh Ambani-led Reliance Industries begins to take operational charge of Future Group's retail stores, which are being rebranded under the Reliance Retail label, vendors, suppliers, landlords and employees of stores of the group see it as a welcome step
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Reliance takes control of around 200 Future Retail stores
Updated : 4 months ago IST
New Delhi [India], February 27 (ANI): Reliance Retail Ltd has taken over the operations of at least 200 stores of Future Retail and has offered jobs to its employees after the Kishore Biyani-led group failed to make lease payments to landlords, sources said on Sunday.
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'Going through acute financial crisis', says Future Retail amid ongoing li
Updated : 4 months ago IST
Mumbai (Maharashtra) [India], February 27 (ANI): Kishore Biyani's Future Retail said in a press release that the company is finding it difficult to finance the working capital needs as it is going through an acute financial crisis.
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Future-Reliance Deal: SC allows FRL to approach Delhi HC on NCLT process
Updated : 4 months, 1 week ago IST
New Delhi [India], February 15 (ANI): The Supreme Court on Tuesday allowed Future Retail Ltd. (FRL) to approach the Delhi High Court with its plea to resume National Company Law Tribunal's (NCLT) proceedings regarding approval for its Rs 27,513-crore transaction with Reliance.
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SC refuses to pass interim order to restrain lenders from declaring Future
Updated : 4 months, 3 weeks ago IST
New Delhi [India], February 3 (ANI): The Supreme Court on Thursday refused to pass any interim order on a petition of Future Retail Limited (FRL) seeking quashing of lenders' letters warning initiation of insolvency proceedings against it.
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SC seeks banks' response on Future Retail's plea to restrain lenders from
Updated : 4 months, 3 weeks ago IST
New Delhi [India], February 1 (ANI): The Supreme Court on Tuesday asked a consortium of banks to file an affidavit on a fresh petition of Future Retail Ltd. (FRL) seeking quashing of lenders' letters warning initiation of insolvency proceedings against it.
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Amazon-Future case: SC remands dispute back to HC for fresh consideration
Updated : 4 months, 3 weeks ago IST
New Delhi [India], February 1 (ANI): In a relief to the Future group, the Supreme Court on Tuesday set aside the previous orders of the Delhi High Court refusing to stay arbitration tribunal decision restraining Future Retail Ltd (FRL) from going ahead with its Rs 24,731 crore merger deal wi
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Future Retail seeks early hearing of appeal in SC against Amazon over merg
Updated : 9 months, 3 weeks ago IST
New Delhi [India], September 3 (ANI): Future Retail Ltd (FRL) on Friday urged the Supreme Court for an early hearing of its appeal against the Delhi High Court order.
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Amazon-Future-Reliance case: SC holds Emergency Award enforceable in India
Updated : 10 months, 3 weeks ago IST
New Delhi [India], August 6 (ANI): In a big win for e-commerce giant Amazon, the Supreme Court on Friday ruled the order of a Singapore-based emergency arbitrator (EA) that restrained Future Retail Ltd (FRL) from going ahead with its asset sale deal with Reliance Retail was enforceable in
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