Page 15 - Future Consumer News Today

Oreo maker takes Indian biscuit giant to court over alleged lookalike cookies Mondelēz-owned Intercontinental Great Brands has filed a trademark infringement case in the Delhi High Court against Parle Products over allegedly copying Mondelez’s iconic Oreo cookie. Intercontinental Great Brands claims the design of Parle’s recently launched Fabio biscuit is ‘deceptively’ similar to that of its globally popular cookie. Fabio does bear a resemblance to Oreos, be...

Future Group shares rise up to 10% after Delhi HC lifts Status Quo order on RIL deal Share of Future Group firm Future Retail gained 9.84% to Rs 80.40 on BSE. The stock has gained after 4 days of consecutive fall BusinessToday.In | February 9, 2021 | Updated 11:28 IST Future Lifestyle share gained 9.35% to Rs 90.60 on BSE Future Group stocks rallied in early trade today after the Delhi High Court stayed the implementation of a single-judge order to Future Retail Ltd (FRL) and various statutory...

The equity benchmarks further extended gains and hit record high levels in mid-afternoon trade. At 14:25 IST, the barometer index, the S&P BSE Sensex, jumped 426.29 points or 0.83% to 51,775.06. The Nifty 50 index spurted 124.70 points or 0.82% to 15,240.50. The Sensex hit a record high of 51,835.86 and the Nifty hit a record high of 15,257.10 in mid-afternoon trade. Both the indices have gained over 11% in seven straight sessions. The broader market underperformed the benchmark indices. The S&...

Domestic benchmarks reversed intraday gains and ended near the flat line after a volatile session on Tuesday. As per provisional closing data, the barometer index, the S&P BSE Sensex, fell 19.69 points or 0.04% to 51,329.08. The Nifty 50 index lost 6.50 points or 0.04% to 15,109.30. The Sensex hit a record high of 51,835.86 and the Nifty hit a record high of 15,257.10 in mid-afternoon trade. Investors booked profits after both the indices surged about 11% in the past six consecutive sessions. ...

More promoters have pledged their shares in during the pandemic to provide additional security on their loans from banks in the absence or run down of other assets.According a report by Kotak Institutional Equities, value of pledged promoter ...

In setback to Amazon, Delhi HC stays status quo on Future-Reliance deal ANI | Updated: Feb 09, 2021 02:23 IST New Delhi [India], February 9 (ANI): The Delhi High Court on Monday stayed single judge bench order which had directed Future Retail Limited (FRL) to maintain the status quo with respect to its deal with Reliance and issued notice to Amazon on Future Retail Ltd plea. The court listed the matter for further hearing on February 26, and issued notice t...

What changed for the market while you were sleeping? Top 10 things to know Trends on SGX Nifty indicate a positive opening for the index in India with a 52 points gain. Representative image The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a positive opening for the index in India with a 52 points gain. The S&P BSE Sensex climbed 358.54 points to 50,614.29 on February 4 while the Nifty50 rose 105.70 points to 14,895.70. According to pivot charts, the k...

Explore Now MUMBAI: Shares of most Future Group companies hit their 5 per cent lower circuit limits today after the Securities and Exchange Board of India (SEBI) banned the group’s chief executive officer, Kishore Biyani, from accessing the capital market for one year. In an order on Wednesday, SEBI said that its investigation found that Future Retail’s promoters including Biyani had traded the in the scrip while possessing undisclosed price sensitive information. Shares of Future Enterpris...

Future Retail Ltd further tumbled 5 per cent on Thursday as investors continued to sell the companys shares for the second consecutive day. The stock declined 4.99 per cent to close at Rs 74.20 -- its lower circuit limit -- on the BSE. On Wednesday too, Future Retail Ltd (FRL) declined 5 per cent amid concerns related to the deal with Reliance Retail. Other group stocks also tumbled on Thursday, with Future Enterprises falling 4.94 per cent, Future Lifestyle Fashions declining 4.98 per cent ...

Shares of Future Group companies were locked in lower circuit on the BSE on Wednesday, in an otherwise strong market, after the Delhi High Court on Tuesday asked Future Retail to maintain status quo with respect to its $3.4 billion (about Rs 24,700 crore) deal with Reliance Retail. The court said it was satisfied that an immediate interim order was required to be passed to protect the rights of Amazon. Future Retail (Rs 78.10), Future Lifestyle Fashions (Rs 88.35), Future Consumer (Rs 8.21), Fu...