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13 cos among Reliance, Adani in final fray to buy Kishore Biyani-led Future Retail

These companies have been included in the final list of prospective resolution applicants after receiving no objections from stakeholders concerned to the provisional list issued on November 10.New Delhi: Reliance Retail, Adani Group’s JV April Moon Retail and 11 other...

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

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...

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

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...

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...

Baba Ram Dev, Acharya Balkrishna appointed to Ruchi Soya board

Patanjali Ayurved group firm Ruchi Soya Industries Ltd's shareholders have approved the appointment of Yoga guru Swami Ram Dev, his younger brother Ram Bharat and close aide Acharya Balkrishna on the company's board. In a regulatory filing, Ruchi Soya, which sells soya...

V2 Retail settles dispute with creditor, expects to come out of insolvency

V2 Retail has settled its payment-related dispute with an operational creditor and expects to come out of the insolvency proceedings, according to Ram Chandra Agarwal, the Chairman of the suspended board of the company. V2 Retail has made payment...

McDonald’s plea against NCLT show cause premature, observes HC

The Delhi High Court today said that a plea by McDonald's against a show cause notice issued to the fast-food major by the National Company Law Tribunal on a contempt plea filed by its estranged Indian partner Vikram Bakshi...

McDonald’s challenges HC order on NCLT show-cause notice

Fast-food major McDonald's today moved the Delhi High Court against its single judge's order dismissing the company's plea challenging a show-cause notice issued to it by the National Company Law Tribunal (NCLT) on a contempt plea filed by its...

McDonald’s joint venture company opposes its plea in Delhi High Court

Connaught Plaza Restaurants Pvt Ltd (CPRPL), a McDonald's franchisee, told the Delhi High Court that the US fast-food giant's plea to stop it from using the brand name was an abuse of the process of law.According to a PTI...

NCLT direct McDonald’s to reply show cause notice for contempt

The National Company Law Tribunal (NCLT) has directed the US-based McDonald's Corp to submit a reply to the show cause notice issued by it over a contempt plea filed by the fast food chain's estranged joint-venture partner Vikram Bakshi.A...
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MatchLog Solutions raises $1.5 million in pre-series A funding

The funding round was led by Motion Ventures and July Ventures, with participation from Venture Catalysts, Blue Ashva Capital,...
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