By Shayan Ghosh, Hindustan Times, Mumbai
UPDATED ON APR 19, 2021 12:36 AM IST
A group of 28 lenders approved extension of loan repayment period by up to two years.
By hindustantimes.com, Hindustan Times, New Delhi
UPDATED ON FEB 22, 2021 01:00 PM IST
Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times.
PUBLISHED ON FEB 16, 2021 02:03 PM IST
- Future, India's No.2 retailer with more than 1,700 stores, has been hit hard by the pandemic and agreed to sell most of its retail assets to Mukesh Ambani-led Reliance in a $3.4 billion deal. The transaction, however, has faced legal hurdles with e-commerce giant Amazon.
By Richa banka, New Delhi
PUBLISHED ON FEB 09, 2021 02:16 AM IST
The judges rejected a plea by Amazon to keep its order in abeyance for a week, and said they saw no reason to maintain status quo on the Future Retail assets.
By Anirudh Laskar, Livemint, Mumbai
PUBLISHED ON FEB 04, 2021 06:53 AM IST
Biyani, a pioneer of Indian retail, has also been barred from transacting in securities of Future Retail for two years.
PTI | , New Delhi
PUBLISHED ON JAN 10, 2021 02:57 PM IST
Future Group companies and the promoters together have a debt of over ₹20,000 crore.
New Delhi | By Press Trust of India | Posted by Deepali Sharma
PUBLISHED ON JAN 05, 2021 04:17 PM IST
He hinted that the arbitration and the process of completion of the Rs 24,713 crore-deal with Reliance Retail Ventures Ltd (RRVL), subsidiary of RIL would continue in parallel.
Livemint, New Delhi | By Livemint
UPDATED ON DEC 23, 2020 04:54 AM IST
The battle for dominance in one of the fastest-growing major retail markets is being fought on the ground in India and the courts in Singapore and New Delhi.
Livemint | By Kalpana Pathak & Jayshree P Upadhyay
UPDATED ON OCT 19, 2020 06:09 AM IST
Amazon has cited a clause in the company’s 2019 investment pact in Future Coupons Ltd that specifically bars the Future group from forging a pact with Reliance Industries, Mint reported on 16 October.
Mint, Mumbai | By Deborshi Chaki and Swaraj Singh Dhanjal
PUBLISHED ON MAY 07, 2020 11:41 PM IST
Biyani’s debt-related troubles surfaced in March when shares of his listed companies crashed, triggering a rating downgrade of the promoter holding company and invocation of pledged shares by lenders.
Bloomberg | By Saritha Rai
UPDATED ON FEB 16, 2019 06:25 PM IST
The new regime forbids retailers from holding any business interest in online merchants on their websites, exclusive arrangements and deep discounts.
Press Trust of India, New Delhi | By Press Trust of India
UPDATED ON APR 29, 2018 10:01 PM IST
The company’s total income also declined by 12.6 per cent to Rs 1,291.3 crore in FY2017 from Rs 1,478.2 crore in the previous year.