Kishore Biyani

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Debt-ridden Future Enterprises Ltd (FEL) has defaulted on interest payment of Rs 4.10 crore for its non-convertible debentures. The due date for payment was June 24, 2022, FEL said in a regulatory filing. “The Company is unable to…

Reliance Retail Ltd on Friday posted a 2.43 per cent rise in pre-tax profit at Rs 3,705 crore for the fourth quarter ended March 2022 and its gross revenue for the full fiscal jumped to nearly Rs 2 lakh crore. The retail arm of Reliance…

Future Enterprises (FEL), another Future Group company, on Saturday said it has total outstanding borrowings of Rs 4,542.96 crore as of March 31. This takes the total outstanding borrowings disclosed by Kishore Biyani-led Future Group…

The preferential treatment of bondholders riled Indian banks enough to reject a $3.2 billion rescue deal from one of Asia’s richest men for a debt-laden unprofitable…

A day after Future Group’s proposed deal to sell its assets to Reliance Retail was rejected by a majority of lenders to flagship Future Retail Ltd (FRL), Reliance Industries in a stock exchange intimation on Saturday has said that as…

Future Group’s proposed deal to sell its assets to Reliance Retail has fallen through after the majority of the lenders of the flagship Future Retail Ltd (FRL) has voted against such a takeover by Reliance. In a regulatory filing to the…

Majority shareholders and unsecured creditors of Future Retail, Future Lifestyle Fashions, and other group firms have voted in favour of the scheme of amalgamation…

Debt-ridden Future Enterprises Ltd (FEL) has defaulted on the payment of interest of Rs 1.22 crore due on non-convertible debentures, according to a regulatory…