Page 11 - Future Retail

Future lenders approve debt restructuring; plan to be sent for approval

Lenders of the debt-ridden Future Retail Ltd have approved a plan to restructure the existing financial debt of the company under an RBI announced resolution framework for Covid-19 related stress

Fitch revises positive outlook on Future Retail Ltd, affirms rating at 'C'

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'

Amazon moves SC against HC stay order restraining Future-Reliance deal

Future Retail says it got communication from Amazon that it has filed Special Leave Petition before Supreme Court

Future Retail to offer quick online deliveries in bet on e-commerce

Popular online grocery service BigBasket, in which India's Tata Group is seeking to acquire a majority stake, and Amazon both offer quick online deliveries in India.

Top headlines: Amazon gets HC notice on Future-RIL deal; MobiKwik plans IPO

Business Standard brings you stories that made the headlines Monday: a court order on Amazon's legal fight against Future Retail to Maruti raising car prices in April.

HC stays order restraining Future Retail to go ahead with Reliance deal

The Delhi High Court stayed a single judge's order restraining Future Retail from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business, which was objected to by Amazon

Future group stocks slip as Delhi High Court puts RIL deal on hold

Future Retail (Rs 55.85), Future Lifestyle Fashions (Rs 64.85), Future Enterprises (Rs 8.60), and Future Consumer (Rs 6.42) were locked in 10 per cent lower circuit

Delhi HC restrains Future-RIL deal on Amazon's plea

HC directs Future Retail not to take further action on Reliance deal, holds that it wilfully violated Singapore Arbitrator's order

Explained: Has Amazon actually broken e-commerce regulations in India?

Objections from the competition regulator and powerful retailers' associations could prompt a tightening of foreign direct investment rules for the online sellers

Future group revs up joint ventures as tussle with Amazon drags on

The Kishore Biyani-led group's debt had spiralled out of control last year, forcing it to get into a nearly Rs 25,000-crore transaction with Reliance Retail

Proceedings before NCLT allowed, barring the final order, clarifies FRL

The Supreme Court earlier today ordered the NCLT not to pass a final order on the Future-Reliance deal

Top headlines: SC halts Future-RIL deal, Puducherry CM loses trust vote

India is set to clear 45 investment proposals from China as border tensions ease; HSBC ups India's FY22 GDP forecast to 11.2%

Supreme Court issues notice to Future Retail, others on Amazon's plea

A bench comprising Justices R F Nariman and B R Gavai issued notices to Future Retail Ltd, Chairperson Kishore Biyani and others and sought their replies

Enforcement Directorate intensifies Amazon probe, govt seeks info

This follows report claiming e-commerce giant dodged Indian regulations

NCLT raps Amazon in Future case: Don't be a 'perpetual objector'

Says it has no locus standi in Future's plea to hold shareholder meeting; reserves order

Amazon moves SC challenging Delhi HC order on Future-Reliance deal

The e-commerce giant has contended that the Division Bench order is illegal, and arbitrary apart from being without jurisdiction

Top headlines: Amazon goes to SC against Future, India and China cool off

Business Standard brings you top news of the evening

Future Retail Q3 loss at Rs 846.92 cr, revenue down 71% to Rs 1,506.87 cr

Business operations were continued to be impacted by the pandemic during the quarter

Why Amazon is feuding with a partner and billionaire Mukesh Ambani

Future Group is caught in the middle of this tussle between companies helmed by two of the world's richest men

Amazon-Mukesh Ambani spat tests India's allure for foreign investors

The keenly watched case may set an important legal precedent for investors on whether emergency decisions by foreign arbitrators are valid in India