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Future Enterprises defaults on principal amount of Rs 126.13 cr in Sep

New Delhi: Debt-ridden Future Enterprises has defaulted on a principal amount of Rs 126.13 crore in September, which includes payment obligation of Rs 98.35 crore for NCDs and Rs 27.78 crore to banks, under a one-time restructuring (OTR) scheme.Future...

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

Future Retail on Wednesday said Amazon has approached Supreme Court against a Delhi high court order which stayed a single judge's order restraining Future Retail Ltd from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business according to...

Big Bazaar’s 2-hour delivery promise set to reshape shopping in India

India’s most trusted retail brand, Big Bazaar has announced the launch of its '2-Hour Delivery Promise' on every product across fashion, food, FMCG and home products for orders placed online through Big Bazaar mobile app and portal. This makes Big...

Delhi HC stays order restraining Future-Reliance deal, court notice to Amazon

The Delhi high court on Monday stayed the single judge order restraining Future Retail's Rs 24,713 crore deal with Reliance Retail to sell its retail and wholesale business.The Kishore Biyani-led group firm, Future Retail Ltd (FRL) had filed an...

Future Group moves HC against order restraining Future-Reliance deal

The Future Group has approached the Delhi HC challenging a single judge's order upholding the Singapore's Emergency Arbitrator's (EA) order restraining Future Retail Ltd (FRL) from going ahead with its Rs 24,713 crore deal with Reliance Retail Limited to sell its...

SCAI launches ‘Trusted Shopping Centre’ Mark; 50+ malls applying to ensure 360° customer care

Shopping Centers Association of India (SCAI) on Monday marked a new milestone for the Indian Retail and Shopping Centre industry.The apex body of Modern and Organised retail in India launched the World’s First Consumer Centric ‘Trusted Shopping Centre’ mark...

2.1 lakh Big Bazaar women appeal to PM Modi to save their livelihoods

 The ‘Women of Big Bazaar SOS (save our Sustenance)’, the composite group of women who work for Future Group, today came together and appealed most ardently and in a very impassioned manner to the Prime Minister Narendra Modi, for...

SEBI ban on Kishore Biyani won’t affect Future-Reliance deal

Future Retail Ltd has said that SEBI's one-year ban on its Chairperson Kishore Biyani and some other promoters from the securities market will have "no impact" on the Rs 24,713 crore-deal with Reliance. Further, Kishore Biyani, some other promoters and Future Corporate Resources Pvt...

Future Group challenges court order blocking Reliance deal

Kishore Biyani-led Future Retail moved the Delhi High Court on Wednesday against its single judge order directing the company to maintain status quo on its Rs 24,713 crore deal with Reliance Retail, which has been objected to by US-based e-commerce giant Amazon.The...

SEBI bars Kishore Biyani from accessing securities market for 1 year

Capital markets regulator SEBI barred billionaire Kishore Biyani and related enterprises of his Future Group from accessing the securities market for a year.SEBI said that it reached the decision on Biyani after probe into use of unpublished price sensitive...
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Myntra’s home category sees 60% YoY rise in demand

Myntra Home has witnessed its selection scale by 70% YoY, offering over 1,700 brands and more than 500,000 styles Bengaluru:...
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