Future Retail

Biz Bazaar aims to double online sales contribution, helped by express home delivery service

Biz Bazaar aims to double online sales contribution, helped by express home delivery service

The company has announced "click-to-home" online shopping festival, the "Home Delivery Sale" and is extending the two-hour home delivery ...Read More

Future Lifestyle's one-time-COVID-debt-restructuring executed

Future Lifestyle's one-time-COVID-debt-restructuring executed

Future Lifestyle Fashions (FLF), a flagship fashion business of Future Group informed the exchange that the lenders have executed One Tim...Read More

S&P downgrades Future Retail to SD on restructuring of onshore debt

S&P downgrades Future Retail to SD on restructuring of onshore debt

S&P Global Ratings on Thursday downgraded Future Retail to selective default (SD) on restructuring of onshore debt but kept the issu...Read More

Kamath Committee clears Future Group’s debt restructuring; plan to be implemented this week

Kamath Committee clears Future Group’s debt restructuring; plan to be implemented this week

The Reserve Bank of India-constituted KV Kamath committee has given its green signal for a banks proposal to restructure loans to Kishor ...Read More

Future Retail lenders approve restructuring of existing debts; plan to be sent to Kamath panel for approval

Future Retail lenders approve restructuring of existing debts; plan to be sent to Kamath panel for approval

The restructuring plan would now be forwarded for approval to an expert committee, formed by RBI under the chairmanship of K V Kamath, Fu...Read More

Fitch removes positive outlook on Future Retail

Fitch removes positive outlook on Future Retail

Fitch Ratings has affirmed Future Retail Ltd's (FRL's) issuer default rating at 'C' and the rating on its USD500 million 5.6 per cent sen...Read More

Reliance-Future deal: Amazon moves SC against Delhi HC stay order restraining Future Retail deal with Reliance

Reliance-Future deal: Amazon moves SC against Delhi HC stay order restraining Future Retail deal with Reliance

Future Retail on Wednesday said Amazon has approached Supreme Court against a Delhi High Court order which stayed a single judge's order ...Read More

Delhi HC judgement would have not come in way of NCLT proceedings, says Future Group

Delhi HC judgement would have not come in way of NCLT proceedings, says Future Group

The promoters will take appropriate remedies as advised over the directions passed by Justice J R Midha, Future Retail said in a regulato...Read More

Future-Reliance deal: Supreme Court issues notice to Future Retail on Amazon's plea against Delhi HC direction to maintain status quo

Future-Reliance deal: Supreme Court issues notice to Future Retail on Amazon's plea against Delhi HC direction to maintain status quo

The Supreme Court issued notice to Future Retail, other entities of Future Group on Amazon's plea against Delhi High Court direction to m...Read More

Future Retail's result amid Future Retail-Reliance deal: FRL reports loss of Rs 847 crore

Future Retail's result amid Future Retail-Reliance deal: FRL reports loss of Rs 847 crore

Future Retail Ltd on Tuesday reported a consolidated net loss of Rs 846.92 crore for the third quarter ended on December 2020 as business...Read More

Willing to support Future Retail during financial challenges, says Amazon

Willing to support Future Retail during financial challenges, says Amazon

E-commerce major Amazon said on Wednesday that it continues to be willing to support Future Retail Limited (FRL). The statement by Amazo...Read More

Amazon was fully aware of talks with RIL for sale of retail assets: Future Group CEO Kishore Biyani

Amazon was fully aware of talks with RIL for sale of retail assets: Future Group CEO Kishore Biyani

Opening up after being locked in an intense legal battle with Amazon over the Rs 24,713 crore deal with Reliance, Biyani in an interview ...Read More

Heritage Foods exits Future Retail; sells its entire holding for Rs 132 crore

Heritage Foods exits Future Retail; sells its entire holding for Rs 132 crore

Heritage Foods has sold its entire holding representing over 3 per cent stake in Kishore Biyani-led Future Retail for around Rs 132 cror...Read More

'Amazon seeking to exercise control over Future Retail without owning a stake'

'Amazon seeking to exercise control over Future Retail without owning a stake'

World's largest e-commerce company Amazon is seeking to derail India's biggest retail acquisition using an agreement that gave it an indi...Read More

Amazon didn't disclose it has control rights in Future Retail Limited via FCL investment

Amazon didn't disclose it has control rights in Future Retail Limited via FCL investment

The real story is unfolding as neither Amazon nor Future Retail Limited (FRL) disclosed to the public shareholders of FRL that Amazon has...Read More

Future Retail net sales down 74%

Future Retail net sales down 74%

The company, whose promoter had announced Rs 24,713 crore deal to transfer the retail business to Reliance Industries owned Reliance Reta...Read More

Amazon not shareholder, no say in company affairs: Future Retail tells Delhi HC

Amazon not shareholder, no say in company affairs: Future Retail tells Delhi HC

Kishore Biyani-led Future Retail Ltd (FRL) Thursday told the Delhi High Court that Amazon was not its shareholder and has no say in its a...Read More

Sale of Future Retail assets gravely compromised Amazon's interests: Singapore arbitrator

Sale of Future Retail assets gravely compromised Amazon's interests: Singapore arbitrator

The ruling which came on October 25 notes that the respondents (Future Group) are the primary authors of this unhappy situation.

Future Retail, Amazon file caveat petitions before Delhi High Court

Future Retail, Amazon file caveat petitions before Delhi High Court

Kishore Biyani-led Future Group filed a caveat petition before the Delhi High Court on November 2 requesting that it be heard if any plea...Read More

Future Retail repays $14 mn interest to investors, averts default

Future Retail repays $14 mn interest to investors, averts default

The 30 day grace period for repaying the interest on '5.60 per cent Senior Secured Notes due 2025' was to end on Monday.

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