SEBI
Food
Barbeque Nation to come out with IPO offering
Casual dining chain Barbeque Nation Hospitality may come out with its initial share sale next week, merchant banking sources said on Friday. Barbeque Nation Hospitality is backed by private equity investor CX Partners and renowned stock market investor Rakesh Jhunjhunwala's investment firm Alchemy Capital, as per...
Big Grid
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...
Big Grid
Delhi HC stays direction to Future-Reliance deal status quo order
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...
Big Grid
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...
Retail
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...
Big Grid
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accessing the securities market for a year.SEBI said that it reached the decision on Biyani after probe into use of unpublished price sensitive...
Big Grid
SEBI nod, BSE ‘no-adverse-observation’ given to Reliance-Future deal
Market regulator SEBI gave a go-ahead on Wednesday to Future Group's scheme of arrangement and sale of assets to Reliance, based on which the Bombay Stock Exchange also granted its "no adverse observation" report to the Rs 24,713-crore deal. The Securities and Exchange Board of...
Retail
Future Group conceptualising 2 new brands, opening new stores even as its firms receive large orders from Reliance
Future Group firms have started getting large orders from Reliance Industries, its CEO Kishore Biyani said in an email to his employees on Tuesday. The group firms Future Consumer and Future Enterprises have recently received orders from Reliance Industries.
"We have received a large order...
Retail
Retail helps equity MFs add 34 lakh folios
Equity mutual funds witnessed an addition of over 34 lakh investor account in the first 10 months of the fiscal year 2015-16, mainly because of strong retail participation.
The current figure is already above the 25 lakh folios that were...
Retail
Vishal Retail denies stake sale or strategic alliance report
Replying to the news item appearing in a section of media that a credit crunch has hit Vishal Retail hard, Vishal Retail said in a filing to Bombay Stock Exchange: "We are the country's second largest retailer. We receive...
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Latest News
Amazon India launches ‘Sushruta’, a wellness program for truck drivers
A series of health camps are being organised in Bengaluru, Manesar (Haryana), and other parts of the country for...
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