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Budget 2022: A clear push towards a digital economy, start-ups

Mumbai: Finance minister Nirmala Sitharaman on Tuesday presented the Union Budget 2022 in Parliament. The minister said that the country is set to clock an economic growth rate of 9.2 per cent in the current financial year, in what was her shortest Budget speech yet. While the budget made no tax concessions for the salaried class, some of the key areas it focussed on was a
Madhavan Menon Mayank Shah Edul Patel Ashish Singhal Shams Jasani Jay Hao

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Future Group to sell 25% stake in general insurance joint venture to Generali for Rs 1,252.96 crore

Debt-ridden Future Group has announced that it will sell its 25 per cent equity in Future Generali India Insurance Company Limited (FGIICL) to its JV partner Generali for a cash consideration of Rs 1,252.96 crore as part of its asset monetisation plans to pair debts. Besides, Generali has also acquired an option to buy out the Future Enterprises Limited's (FEL) remaining
Enterprises Limited Generali India Insurance Company Limited Reliance Retail Ventures Singapore International Arbitration Centre Reliance Industries Limited Supreme Court

Future Group To Exit Insurance Business, Sell 25% Stake To Generali

Debt-ridden Future Group will exit from the insurance business in a time-bound manner and plans to sell its 25 per cent equity in Future Generali India Insurance Company Ltd (FGIICL) to its JV partner Generali for a cash consideration of Rs 1,252.96 crore, as part of its asset monetisation plans to pare debts.
Enterprises Ltd Generali India Insurance Company Ltd Industrial Investment Trust Limited Reliance Retail Ventures Singapore International Arbitration Centre Reliance Industries Limited
Source: ndtv.com

Future Enterprises to sell 25 pc stake in General Insurance JV to partner Generali for Rs 1,253 Cr - Jammu Kashmir Latest News | Tourism

New Delhi, Jan 27: Debt-ridden Future Group has announced that it will sell its 25 per cent equity in Future Generali India Insurance Company Limited (FGIICL) to its JV partner Generali for a cash consideration of Rs 1,252.96 crore as part of its asset monetisation plans to pair debts. Besides, Generali has also acquired an option to buy out the Future Enterprises Limited’s (FEL) remaining interest in FGIICL, which operates in the general insurance business, said a late-night regulatory fi...
New Delhi Enterprises Limited Generali India Insurance Company Limited Generali India Life Insurance Company Limited Reliance Retail Ventures Singapore International Arbitration Centre

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