New Delhi [India], July 29 (ANI): The Supreme Court on Thursday reserved its judgement in the Amazon-Future-Reliance case and will decide whether Singapore's Emergency Arbitrator Award restraining Future Retail Ltd (FRL) from going ahead with its merger deal with Reliance Retail is valid und
Mumbai (Maharashtra) [India], May 1 (ANI): Fitch Ratings has downgraded Future Retail Ltd's (FRL's) long-term issuer default rating to 'restricted default' from 'distressed' following the company's announcement that it has completed restructuring of bulk of its onshore debt.
Singapore, April 29 (ANI): S&P Global Ratings on Thursday downgraded Future Retail to selective default (SD) on restructuring of onshore debt but kept the issue rating at CCC-minus.
New Delhi [India], April 19 (ANI): The Supreme Court on Monday stayed further proceedings before Single Judge and Division Bench of Delhi High Court in the Amazon-Future-Reliance case.
Mumbai (Maharashtra) [India], April 17 (ANI): Fitch Ratings has affirmed Future Retail Ltd's (FRL's) issuer default rating at 'C' and the rating on its USD500 million 5.6 per cent senior secured notes due 2025 at 'C' while revising the recovery rating to 'RR5' from 'RR4'.
New Delhi [India], March 22 (ANI): The Division Bench of Justice DN Patel and Justice Jasmeet Singh on Monday stayed Justice JR Midha order favouring the Emergency Award against Future-Reliance deal. The Bench has also issued a notice to Amazon on Future appeal.
New Delhi [India], March 21 (ANI): Future Retail Ltd and Future Coupons Pvt Ltd have moved the Division Bench of Delhi High Court challenging recent order of the single bench that had upheld the Emergency Award passed against the Future-Reliance deal.
New Delhi [India], February 22 (ANI): The Supreme Court on Monday issued a notice after hearing a petition filed by Amazon against Delhi High Court's stay on Future Reliance deal status quo.
New Delhi [India], February 11 (ANI): E-commerce giant Amazon on Thursday moved the Supreme Court challenging an order of the Delhi High Court allowing statutory authority, such as National Company Law Tribunal (NCLT) to hear Future Retail Limited's (FRL) application seeking approval to comp
New Delhi [India], February 9 (ANI): The Delhi High Court on Monday stayed single judge bench order which had directed Future Retail Limited (FRL) to maintain the status quo with respect to its deal with Reliance and issued notice to Amazon on Future Retail Ltd plea. The court listed the mat
New Delhi [India], February 2 (ANI): The Delhi High Court on Tuesday directed Future Retail Limited to maintain status quo with respect to its deal with Reliance while granting interim relief to Amazon.
Mumbai (Maharashtra) [India], Jan 21 (ANI): The S&P BSE Sensex crossed historical milestone of 50,000 in Thursday's session as benchmark indices scaled fresh lifetime highs but closed 0.4 per cent lower as traders booked profit in the last hour of trading.