Page 15 - Future Retail

Amazon asks Sebi, bourses to note arbitration ruling on Future-RIL deal

The sources said that Amazon has shared a copy of the interim judgement with Sebi, BSE and NSE

Amid battle with Amazon, Future Retail sees liquidation if RIL deal fails

he dispute centres around FRL's decision in August to sell its retail, wholesale, logistics and some other businesses to Reliance for $3.38 billion, including debt

Future Retail hints at challenging arbitration order against Reliance deal

In a statement to Indian stock exchanges on Monday, Future Retail said it was not party to the agreement under which Amazon had invoked arbitration proceedings

Future battle: Amazon set for face-off with Reliance for retail dominance

Mukesh Ambani and Jeff Bezos, two of the world's wealthiest men, want the stores and warehouses of Future Retail Ltd.

Future Group stocks under pressure as deal with Reliance put on hold

Reliance Industries, too, dipped 2 per cent on the BSE

Top headlines: SAT clearing more cases in Covid; auto firms witness growth

From SAT clearing more cases now than before Covid-19 pandemic to new takers for RBI's debt restructuring scheme, here are top headlines this morning

Verdict on Amazon arbitration plea over Future-RIL deal expected soon

Rajah, former Attorney General of Singapore, is expected to deliver his judgment in the next few days, the sources said

Future group, Amazon to initiate arbitration proceedings over RIL deal

Amazon says the deal violates the no-compete contract signed with the Future group and the RIL-Future deal will derail its plans to buy a stake in Future Retail Ltd

General Atlantic to invest Rs 3,675 cr into Reliance Retail for 0.84% stake

Strategic investor to be inducted later; General Atlantic becomes third PE firm to infuse funds

Amazon, Samara Capital invest Rs 275 cr in supermarket chain More's parent

Witzig has allotted a total of 193 million equity shares to the investors to raise this capital at a premium of Rs 4.28 per share and paid-up capital of Rs 10 per share

HDFC Bank, Infosys help Sensex settle 259 pts higher, Nifty ends at 11,605

All that happened in the markets today

MARKET WRAP: Sensex up 288 pts, ends above 39K; mid, small-caps outperform

All that happened in the markets today

Future Ret posts pre-tax loss of Rs 562 cr in Q1, revenue falls 74%

The weak results come amid the sale of retail assets of the Future group to Reliance in a nearly Rs 25,000-crore transaction, which was announced last month

Sensex dips 474 pts from day's high, ends at 38,757; BSE SmallCap jumps 4%

All that happened in the markets today

India Inc heaves sigh of relief as Kamath panel identifies key sectors

The report has identified power, construction, steel, retail and real estate sectors among 26 sectors that need relief

Future Retail hits lower circuit for fifth straight day, slips 34% in 1 wk

The company reported a consolidated net loss of Rs 478 crore in March 2020 quarter against a profit of Rs 203 crore in year-ago period.

Future Retail logs Q4 net loss of Rs 477.63 crore, revenue down 17.75%

The company, which owns brands like Big Bazaar, fbb, Foodhall, Easyday and Nilgiris, had posted a net profit of Rs 199.31 crore in the January-March quarter a year ago

MARKET: Sensex tanks 634 pts on broad-based sell-off; Nifty Bank slips 2%

All that happened in the markets today

Fitch places Future Retail on rating watch positive on sale to Reliance

Fitch Ratings has placed FRL's issuer default rating of C and the rating on its 500 million dollars 5.6% senior secured notes due in 2025 of C with a recovery rating of RR4 on rating watch positive

Future Retail hits 10% lower circuit after rallying 38% in 3 sessions

The Government Pension Fund Global sold 9.5 million shares representing 1.75 per cent stake of Future Retail at Rs 158.61 per share on the NSE on Monday.