Future Retail Share Soars 4% After Kishore Biyani Withdraws Resignation
On March 16, Future Retail shares traded 4% higher after the Company’s Director and Executive Chairman, Kishore Biyani, withdrew his resignation, presented on January 23....
Tag : Future Retail
Reliance Issues Termination Notice to 947 Future Group Stores
Future Group has got termination notices for 947 stores from Reliance. The company received termination notices on 7th and 8th March for 342 Big Bazaar...
SC Allows NCLT to Continue Proceedings in Amazon vs Future Case
The Supreme Court of India (SC), on February 22, allowed the National Company Law Tribunal (NCLT) to continue its proceedings in the Amazon versus Future Group case...
Future Enterprises Reported Net Loss of Rs 320 Crore for Sep Quarter
Future Enterprises Ltd. (FEL) on Wednesday reported a consolidated net loss of Rs 320.56 crore for the quarter ended on September 30, 2020, due to lower...
PremjiInvest acquires 6% stake in Future Retail
Azim Premji’s investment arm, PremjiInvest has acquired 6% stake in Future Retail, from Bharti Group for approx Rs.600 crore. Bharti Group still holds approx 3% stake in Future...
HyperCity acquired by Future Retail for Rs.655 crore
Future Retail will acquire Shoppers Stop’s retail chain, HyperCity for Rs.655 crore in part cash and part stock deal. HyperCity Retail India Limited,will become a...
Future Retail has allotted Rs 750 crore non convertible debentures
A non convertible debentures (NCDs) totaling to Rs 750 crores, have been allotted by the Future Retail on a private placement basis. The company said...