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Khadim India distribution business demerger by September, margin to improve by 100-200 bps

Khadim India had earlier announced the decision to segregate its distribution business and manufacturing activities into KSR Footwear Ltd (KFL)New Delhi: Leading footwear company Khadim India Ltd is expecting to complete the demerger of its distribution business by September...

Strata acquires Cafe Coffee Day Headquarters in Bengaluru for Rs 150 crore

The CCD headquarters has a built-up area of over 1 lakh sqft spread across 11 floors with each floor measuring around 9,000 sq. ft.Mumbai: Commercial real estate investment platform Strata on Monday acquired the 11-storey Cafe Coffee Day (CCD)...

Liberty Shoes removes executive director Adesh Kr Gupta after NCLT sets aside his plea

Gupta, who along with some other shareholders holds 5.83 per cent of the company, had filed a plea under Section 244 of the Companies Act, 2013, seeking waiver in requirements to file a plea alleging oppression and mismanagementNew Delhi:...

Future Retail lenders reject Space Mantra’s bid; NCLT extends insolvency period for 15 days

The Resolution Plan submitted by Space Mantra for Future Retail Ltd (FRL), failed to get the required number of votes in the e-voting process of the Committee of creditors (CoC)New Delhi: The lenders of Future Retail Ltd have rejected...

Future Retail: NCLT extends deadline till September 15 for completing insolvency process

The Insolvency & Bankruptcy Code (IBC) mandates the completion of CIRP within 330 days, which includes time taken during litigations New Delhi, Sep 12 (PTI) The National Company Law Tribunal (NCLT) has extended the deadline to September 15 for completion of...

Future Retail resolution professional moves NCLT against Kishore Biyani and family alleging fraudulent transaction

The application "has been filed pursuant to the findings in the report received from Nangia & Co. LLP, which was appointed as 'Transaction Review Auditor' by the RP," said a regulatory filing from Future Retail Ltd (FRL)New Delhi: The...

Future Retail resolution professional moves NCLT to seek extension of insolvency deadline till Sept 15

The RP of the company has moved an application before the Mumbai bench of NCLT to exclude a period of 29 days from CIRP of Future Retail Ltd, according to a regulatory filingNew Delhi: The resolution professional (RP) of...

NCLT grants 90 days extension to Future Retail for concluding insolvency

Allowing FRL's plea the Mumbai bench of the National Company Law Tribunal (NCLT) has extended the deadline to July 15, 2023, for concluding the CIRP of FRLNew Delhi: The NCLT has granted Future Retail Ltd (FRL) an extension of...

FRL’s digital database prior to insolvency not available for verification, says Compliance Officer

The company has now initiated the process of inviting competitive quotes to purchase the software necessary for the maintenance of the structured digital database to comply with Sebi regulationsNew Delhi: Future Retail's structured digital database prior to the corporate...

FRL’s digital database prior to insolvency not available for verification, says Compliance Officer

The company has now initiated the process of inviting competitive quotes to purchase the software necessary for the maintenance of the structured digital database to comply with Sebi regulationsNew Delhi: Future Retail's structured digital database prior to the corporate insolvency...
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Chandigarh witnessed impressive growth in home & kitchen sector on Amazon

The city experienced healthy double-digit growth across various product categoriesNew Delhi: Amazon.in has reported significant growth in the home and...
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