Future Retail

NEW DELHI: The NCLT has granted Future Retail Ltd (FRL) an extension of 90 days for concluding the Corporate Insolvency Resolution Process(CIRP) of the company.Allowing FRL's plea the Mumbai bench of the National Company Law Tribunal…

<!-- -->The resolution process was intiated against Future Retail on July 20, 2022. (File)New Delhi: The NCLT has granted Future Retail Ltd (FRL) an extension of 90 days for concluding the Corporate Insolvency Resolution Process…

BENGALURU: Companies led by billionaires Gautam Adani and Mukesh Ambani, a British retailer and global asset reconstruction firms are among the 49 entities in the fray to acquire Future RetailLtd, the debt-laden Indian retailer said on…

Think9 Consumer, a multi-brand platform promoted by Ashni Biyani, daughter of Future Group chairman Kishore Biyani, is in talks with close to a dozen direct-to-consumer brands across retail, fashion, FMCG, kids furniture, home decor, beauty…

<!-- -->The deadline had ended on Oct 20, but has been extended to Nov 3. (File)Mumbai: The resolution professional for India's debt-laden Future Retail Ltd has extended the deadline for potential buyers to submit their bids for the…

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…

We reported on Monday morning that big-ticket funding rounds have fallen drastically over the past two months and that many large deals are in limbo. Within hours, two companies – edtech firm FrontRow and gaming firm Mobile Premier League –…

New Delhi: Amazon caused the downfall of Limited (FRL) when it could not buy its assets on the cheap, placing FRL now on the brink of bankruptcy, the independent directors of FRL have said. In a reply to Amazon, the directors said in a…

<!-- -->Future Retail's Chief Financial Officer C P Toshniwal resignsNew Delhi: Debt-ridden Future Retail's Chief Financial Officer C P Toshniwal has resigned from the company, effective May 12.Toshniwal's resignation is the recent…

NEW DELHI: Customers of Big Bazaar who are holding vouchers have been left high and dry after a majority of outlets of the hypermarket chain's parent Future Retail (FRL) were taken over by Reliance Industries. Several Big Bazaar regulars…