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Future ent news: Reliance Retail, Jindal (India) make offers to acquire bankrupt Future Enterprises

Future Enterprises have received resolution plans from Jindal (India) Ltd, Reliance Retail Ventures and GBTL Ltd under the corporate insolvency process. The newly appointed resolution professional Avil Menezes disclosed the names of these three entities as a provisional list of prospective resolution applicants. The RP has admitted Rs 12,265 crore of verified claims from lenders and Rs 23 crore of claims from fixed deposit holders.
Tamil Nadu Naveen Jindal Axis Trustee Services At Rs Lifestyles Fashion Ltd National Company Law Tribunal Donear Group

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India's Reliance Retail eligible to submit resolution plan for Future Enterprises bankruptcy

BENGALURU (Reuters) - The retail arm of Reliance Industries is among three companies eligible to submit a plan for the debt-ridden Future Enterprisess bankruptcy proceedings, Futures resolution professional disclosed in an exchange filing on Wednesday.
Nandan Mandayam Janane Venkatraman Mukesh Ambani Reliance Retail Ventures Donear Industries Owned Future Group

india consumption: India's seeing a consumption boom: P&G India CEO

The company said a confluence of a few factors are working in Indias favour - digital infrastructure that exists and the amount of insights across different dimensions is very different from any other markets along with the physical infrastructure, especially the thrust into rural areas, creating jobs among others.
Republic Of India General Big Bazaar Hindustan Unilever India Consumption P Amp G

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