Page 4 - Future Retail

New Zealand's Fonterra ends partnership with Future after Covid disruptions

New Zealand dairy giant Fonterra Co-operative Group Ltd will wind down its 2018 joint venture with Future Consumer Ltd in the wake of COVID-led disruptions, Future said on Thursday.

Termination notice to 947 Future Group stores from Reliance

Future Group now has about 550 stores of around 1,500, a company official said

Reliance Retail terminates sub-lease of 950 Future stores

Billionaire Mukesh Ambani's Reliance Retail has slapped notices on Future Retail for terminating sub-leases of 950 stores it had taken over previously.

Stocks to Watch: RIL, HUL, Dr.Reddy's, PNB Housing, Future Retail, Banks

Reliance Industries is likely to be in limelight as the company is looking to take advantage of the surging diesel demand in Europe in the backdrop of Russia-Ukraine conflict.

'Shops are gone': How Reliance stunned Amazon in battle for Future Retail

At a large Future Retail supermarket in Mumbai last week, workers were unloading hundreds of bright blue grocery crates belonging to India's biggest retailer Reliance

Top headlines: PM calls for dialogue on Ukraine, 800 drugs to get costlier

Fund manager Mark Mobius says he sees more downside in equity markets amid the invasion of Ukraine. More on that in our top headlines.

Future Retail NPAs: Indian Bank to take Rs 800-crore hit in fourth quarter

Earlier, a consortium of 27 banks had indicated they would have to make combined provisions of around Rs 9,000 crore due to non-payment by the retailer.

FRL-Reliance merger: SC defers hearing on Amazon's plea for 10 days

A bench headed by Chief Justice N V Ramana took note of the submissions of senior advocate Gopal Subramanium, appearing for Amazon, that there be no order from the Delhi High Court

Amazon may file criminal case against Future over store transfers: Report

Amazon.com Inc plans to initiate criminal court proceedings this week against its Indian partner Future Retail for allowing the transfer of assets to a major rival despite a legal prohibition

Reliance to take over operations of 250 more Future Retail stores: Report

Reliance's move assumes significance as it follows failed efforts since 2020 to close a $3.4-bn deal to acquire the retail assets of Future

Future Group firms' stock jumps as Reliance plans retail stores' takeover

Shares of Future Supply Chain Solutions, Future Retail, Future Lifestyle Fashions, Future Consumer and Future Enterprises rose between 7% and 16%

Stocks to Watch: Aurobindo, Sun Pharma, Future Retail, Vedanta, Voda Idea

Shares of Adani Power are likely to be in focus as the company received a favourable verdict from the Supreme Court against power discoms in Rajasthan.

Future Retail shuts Big Bazaar as Reliance Industries plans takeover

Reliance to rebrand and open majority of 200 stores in next 7 days

Future Retail suspends supermarket operations as Reliance plans takeover

Future Retail Ltd suspended most of its online and offline operations as stores remained shut on Sunday, after rival Reliance bid to take over its flagship supermarkets

Reliance takes over operations of 200 Future Group's stores

Reliance Industries is in the process of transferring 30,000 Future Group employees to its staffing and manpower firm

Scaling down ops to cut losses, says FRL as Reliance takes over its stores

Future Retail on Saturday said long-stop date for deal with Reliance has been extended to September 30, 2022

Reliance to take over 200 Future stores' operations amid Amazon row: Report

The takeover of stores by Reliance signals Future's worsening financial situation as its retail assets sale remains blocked due to legal battles

Reliance takes control of Future Retail stores, offers jobs to employees

Reliance Retail has reportedly started to take possession of the premises in which Future Retail is operating its stores such as Big Bazaar and replaced them with its brand stores

CCI does not have powers to keep own order in abeyance: Amazon tells NCLAT

The e-commerce major made the submission before the National Company Law Appellate Tribunal (NCLAT), which is hearing its plea against the decision of the Competition Commission of India (CCI)

Future Retail pays $14 million interest on USD notes in grace period

Debt-ridden Future Retail has made a payment of $14 million for interest due on the dollar-denominated notes (USD Notes) listed on the Singapore Stock Exchange after missing the due date last month.