Across India, 27 bankruptcy tribunals are being run by 29 judges; at least 25 short of what's required.
The Delhi High Court Tuesday said it will implement the single-judge order restraining Future Retail Ltd (FRL) from going ahead with the Rs 24,713 crore deal with Reliance Retail to sell its business
The company reported revenues of Rs 1,406 crore in the June quarter of the current financial year as compared to revenues of Rs 1,355 crore announced in the same period of fiscal 2021
Reports suggest, Amazon.com Inc. is preparing a bailout plan for cash-strapped Future Retail if the Singapore International Arbitration Centre (SIAC) rules against a planned takeover by RIL
The slide extends Friday's losses
The case centres around Amazon challenging Future's merger deal with Reliance Retail
SC on Friday ruled that the order of Singapore emergency arbitrator that halted the $3.4 billion Future-RIL deal is enforceable in India
Future Group stocks were locked in their respective lower circuit bands, triggering bearish moves in the counters
The apex court allowed the appeal filed by Amazon against a Delhi High Court order staying attachment of properties of Future Group companies
The Supreme Court Thursday reserved verdict on the pleas of e-commerce giant Amazon against the Rs 24,713 crore deal for merger of Future Retail Ltd (FRL) with Reliance Retail
In the letter dated June 4, CCI said Amazon hid factual aspects of the transaction by not revealing its strategic interest in Future Retail when it sought approval for the 2019 deal
Singapore's Emergency Arbitrator (EA) award is valid and needs to be executed, Amazon on Tuesday told the Supreme Court
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Among individual stocks, a total of 140 of the BSE500 stocks have given negative return so far in CY2021
The rating agency might look at an upgrade after liquidity review
Banking sources said the debt recast is actually 'Plan B' to help the nation's largest retailer stay afloat
The e-commerce major had moved the apex court last week challenging an order dated March 22 passed by a division Bench of the Delhi HC
A Bench headed by Justice Rohinton F Nariman said the matter will be finally decided by the apex court. The matter will be heard on May 4
Interest accrued between March 1, 2020, and September 30, 2020, will be converted into Funded Interest Term Loan, payable by December 2021
The restructuring would be according to the Reserve Bank of India's circular for companies under stress due to the Coronavirus pandemic.