FRL

NEW DELHI: Creditors of Future RetailLtd have submitted claims worth Rs 21,324.18 crore against the debt-ridden company presently facing an insolvency resolution process. The financial creditors of the companies, which mainly include banks…

NEW DELHI: US e-tailer Amazon has urged RBI to conduct a forensic audit of Future Retail (FRL) for the past three financial years, alleging that the promoters and directors of Big Bazaar parent have committed fraud by letting Reliance take…

The National Company Law Appellate Tribunal (NCLAT) has reserved its order on Amazon's plea challenging the decision of regulator CCI to suspend approval for the e-commerce major's deal with Future Coupons. Photograph: Andrew Kelly/Reuters…

NEW DELHI: Reliance Industries (RIL) said on Saturday that it has called off the proposed deal to acquire Future Retail’s (FRL) assets for Rs 24,700 crore. At meetings of shareholders and creditors of Future Group companies comprising FRL…

NEW DELHI: Bankers have rejected Big Bazaar parent Future’s Group’s proposal to sell its retail and logistics assets to Reliance Retail, signalling that the Rs 24,700-crore deal between Kishore Biyani and Mukesh Ambani may have fallen…

NEW DELHI: Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd. The meeting was chaired by…

The Supreme Court on Wednesday took note of the consent of US e-commerce major Amazon and Future group and ordered the resumption of arbitral proceedings before the SIAC tribunal over Future Retail's merger deal to the tune of Rs 24,500…

Tribune News Service New Delhi, April 6The Supreme Court on Wednesdaydisposed of the Amazon-Future dispute as the parties agreed to approachSingapore…

New Delhi: The Supreme Court on Monday asked the Delhi High Court judge who is hearing a bunch of petitions and counterpetitions filed by Amazon and the Future Group against each other, to also hear the US ecommerce firm’s latest plea to…

NEW DELHI: Big Bazaar parent Future Retail (FRL) on Friday said it has missed the due date for repayment of around Rs 5,322 crore to lenders due to the ongoing legal battle with US e-tailer Amazon, among other issues. In 2021, Kishore…