Page 10 - Future Consumer News Today

Fonterra and India's Future Consumer have agreed to wind down their 50/50 joint venture.  The venture - Fonterra Future Dairy - was established in 2018 and

Covid-related market disruption blamed for closure of loss-making business.

The joint venture was established in 2018 and has 22 employees.

Fonterra and Indian FMCG supplier Future Consumer have decided to end their dairy business in the Asian country.

Future Consumer, a part of Kishore Biyani-led Future Group, has decided to terminate a joint venture pact with New Zealand's dairy firm Fonterra

Amazon, which is contesting the transaction between Kishore Biyani and Reliance, had moved the tribunal against the meetings

Page Not Found | ZAWYA MENA Edition

Shares in Future Group companies surged on Monday following reports that India's top retailer Reliance Industries would take on at least 200 Future Retail stores after the debt-laden group failed to make lease payments for them to Reliance.

NSE Nifty 50 index ended up 0.81 per cent at 16,793.90, while the S&P BSE Sensex rose 0.70 per cent or 388.76 points to 56,247.28.

Indian stocks recovered early losses to close higher on Monday as energy and metal stocks gained, while shares of Future Group companies rose on reports Reliance would take over its retail stores. ... | February 28, 2022