Kishore Biyani

Big Grid

Future Retail shares climb 5%

PTI -
As many as 49 players, including Reliance Retail, Jindal Power Ltd and Adani group, have submitted EoI for acquiring the assets of Future Retail, which is currently going through insolvency resolution process New Delhi: Shares of Future Retail climbed nearly...
Big Grid

Kishore Biyani withdraws resignation from FRL’s suspended board as Chairman, Director

PTI -
The Resolution Professional of Future Retail Ltd (FRL) had raised objections to the contents of Biyani's resignation letter and had requested him to recall it New Delhi: Almost one and a half months after resigning from the suspended board of debt-ridden...
Big Grid

Kishore Biyani steps down as chairman of Future Retail

PTI -
Future Retail is facing CIRP (Corporate Insolvency Resolution Process) as a "result of unfortunate business situation", says Biyani New Delhi: Kishore Biyani has stepped down from the suspended board of Future Retail and has resigned as chairman and director of the...
In Focus

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

PTI -
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...
Retail

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

Indiaretailing Bureau -
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...
Retail

Future Group moves HC against order restraining Future-Reliance deal

Indiaretailing Bureau -
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...
Retail

Delhi HC upholds Singapore arbitrator’s order against Future-Reliance deal

Indiaretailing Bureau -
The Delhi High Court Thursday upheld 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 to sell its business, which was objected to by US-based e-commence giant Amazon, as per...
Retail

SC sends notice to Future Retail Ltd on Amazon plea against HC order

Indiaretailing Bureau -
The Supreme Court Monday sought responses from Future Retail Ltd (FRL) and others on Amazon's plea against the Delhi High Court direction to maintain status quo on the Future-Reliance deal. The apex court said the proceedings before the National Company Law Tribunal (NCLT) will...
Retail

Future-Amazon tussle reaches Supreme Court, FRL says ‘will defend the matter’

Indiaretailing Bureau -
Amazon has approached the Supreme Court against a Delhi High Court order that vacated the status quo on Future Group's proposed Rs 24,713 crore-deal with Reliance Industries. In a filing to stock exchanges, Kishore Biyani-led Future Retail Ltd has said that it "shall defend the matter/proceedings through its...
Retail

Delhi HC stays direction to Future-Reliance deal status quo order

Indiaretailing Bureau -
The Delhi High Court on Monday stayed its single judge direction to Future Retail Ltd (FRL) and various statutory authorities to maintain status quo with regard to the Rs 24,713 crore deal with Reliance Retail. A bench of Chief Justice D N Patel...
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Beauty & WellnessAnagha R Ratna -

Marie Claire Salon opens new outlet in Bengaluru

The store is situated at Mantri Square Mall, Malleshwaram, Bengaluru Bengaluru: French salon chain Marie Claire Salon has launched its new...
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