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future retail ltd news

'Dues of $634 million compelled' takeover of Future Retail, says Reliance

A woman wearing a Reliance JioMart vest instructs workers as they stock their products inside a Future Retail's closed Big Bazaar retail store in Mumbai.
Published on Mar 31, 2022 12:46 pm IST

Amazon urges SC to halt RIL takeover of FRL stores

The bench then asked Harish Salve and Mukul Rohatgi, who appeared for FRL, if the attempt by Future is to make pending legal proceedings pointless.
Updated on Mar 16, 2022 05:16 am IST

Reliance takes control of Future Retail stores, including Big Bazaar

Mukesh Ambani
Published on Feb 26, 2022 08:20 pm IST

Future Retail, 7-Eleven call off franchise agreement

The deal has been terminated without opening a single store.
Published on Oct 06, 2021 08:00 am IST

SC defers hearing in Amazon-FRL case to June

The delay will buy Future Group and RIL more time
Updated on May 05, 2021 05:19 am IST

FRL lenders clear recast, await Kamath panel nod

On an aggregate basis, Future Group owes around $3 billion in loans and lenders are trying to figure out a way to ensure the least possible hit on asset quality.
Updated on Apr 19, 2021 12:36 am IST

Future Retail lenders may approve debt recast soon

A shopper walks through an aisle displaying personal care goods at a Big Bazaar hypermarket, operated by Future Retail Ltd. in Mumbai
Published on Apr 11, 2021 11:52 pm IST

Delhi HC stays single judge order upholding Singapore EA award

A file photo of Delhi high court. (HT Archive)
Updated on Mar 23, 2021 03:19 pm 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

Amazon-Ambani spat tests India’s allure for foreign investors

FILE PHOTO: An Amazon logo is seen at its centre in Darlington, County Durham, Britain September 3, 2020. REUTERS/Lee Smith/File Photo
Published on Feb 09, 2021 10:13 am IST

Delhi high court declines Amazon's request to keep in abeyance its decision to s

FRL, in its appeal, had said that its creditors would be facing a ‘significant risk’ if the deal with Reliance fell through
Updated on Feb 08, 2021 07:49 pm IST

Future Group challenges Delhi High Court order

However, opposing the urgent mentioning, senior advocate Rajiv Nayyar for Amazon told the court that procedure should be followed.
Published on Feb 04, 2021 07:00 am IST

Biyani barred for one year on insider trading charges by Sebi

The decision comes even as Biyani’s sale of his businesses to Mukesh Ambani’s Reliance Retail is facing legal challenges from Amazon.com Inc.
Published on Feb 04, 2021 06:53 am IST

Amazon-Future tussle: Here's all you need to know

Future Group Founder and CEO Kishore Biyani does not expect any hurdle after the order of the Delhi High Court which has directed the regulators to take an independent call on the issue.
Published on Feb 03, 2021 07:26 pm IST

Setback for Future Group as Delhi HC halts RIL deal

"The company will explore all legal remedies and take appropriate steps to pursue the scheme of arrangement,” Future group said in a statement.
Published on Feb 03, 2021 01:28 am IST

Future's retail deal in doubt after Delhi High Court backs Amazon

The decision is a setback for Future, which agreed to sell its retail assets to rival Reliance last year.
Published on Feb 02, 2021 07:01 pm IST

Amazon tries to block Future's asset sale to Reliance after regulatory approval

Amazon has asked the High Court in New Delhi to enforce the decision of a Singapore arbitrator.
Published on Jan 25, 2021 05:52 pm IST

Future Retail, Enterprises hit upper circuit after Sebi clears deal with RIL

A shopper walks through an aisle displaying personal care goods at a Big Bazaar hypermarket, operated by Future Retail Ltd. in Mumbai
Published on Jan 21, 2021 12:15 pm IST

CCI approves RIL, Future Retail deal

The debt-ridden Future Group had agreed to sell various assets of Future Retail to Reliance for ₹24,713 crore in August.
Updated on Nov 21, 2020 04:20 am IST