Browsing Tag
FRL
Amazon writes to Future independent directors, accuses them of facilitating fraudulent stratagem
Amazon has accused independent directors of Future Retail Ltd (FRL) of facilitating “fraudulent stratagem” of transfer of 835 stores to billionaire Mukesh Ambani’s Reliance group, saying the narrative of that transfer was on account of…
Majority of Future Retail secured creditors reject Reliance deal
Majority shareholders and unsecured creditors of Future Retail, Future Lifestyle Fashions, and other group firms have voted in favour of the scheme of amalgamation…
Amazon, FRL agree in SC to appear before Singapore Int’l Arbitration Centre
Amazon and Future Retail Ltd (FRL) on Monday informed the Supreme Court that they wish to appear before the Singapore International Arbitration Centre in connection…
Future Retail Ltd defaults on repayment of Rs 5,322 crore debt
Two leading companies of the Kishore Biyani-led Future Group -- Future Retail and Future Enterprises -- on Friday collectively defaulted on loan repayments worth Rs 8,157.97 crore.
The due date for payment of Rs 2,835.65 crore by Future…
Supreme Court permits FRL to approach Delhi HC with plea related to merger with Reliance Retail
“We grant liberty to FRL to approach the Delhi High Court for seeking continuation of proceedings before the NCLT...We request the single judge to pass orders,” the Bench said
“We grant liberty to FRL to approach the Delhi High Court for…
Banks act against Future Retail for missing payments
Lenders to Future Retail have started classifying loans to the firm as a ‘non-performing asset’ after the retailer missed payments to the banks, they told the Supreme Court in a filing.The lenders also said they would be required to…
Samara Capital ready to invest Rs 7K crore in Future Retail: Amazon
US e-commerce giant Amazon has again written to independent directors of Future Retail (FRL), including Gagan Singh, Ravindra Dhariwal, and Jacob Mathew, expressing its…
फेमा में फंसे अमेजन-फ्यूचर ग्रुप: ED ने विवादित डील के लिए भेजा नोटिस, किशोर बियानी और अमित अग्रवाल…
Hindi NewsNationalED Notice, Amazon India, Future Group, Questions Will Be Asked To Kishore Biyani And Amit Agarwal4 घंटे पहलेअमेजन इंडिया और फ्यूचर ग्रुप के बीच हुई डील एक बार फिर संकट में पड़ गई है। सूत्रों ने रविवार को बताया कि इस…
Future Retail guilty of financial irregularities, says Amazon
US e-commerce giant Amazon has written to the independent directors of Future Retail Limited (FRL), including Gagan Singh, Ravindra Dhariwal and Jacob Mathew, and its…