Page 16 - Future Consumer News Today

Shares of Future Retail on Wednesday declined 5 per cent amid concerns related to the deal with Reliance Retail. The Delhi High Court on Tuesday directed Future Retail Ltd (FRL) to maintain status quo in relation to its Rs 24,713 crore deal with Reliance Retail, which has been objected to by the US-based e-commerce giant Amazon. Future Retail tanked 4.99 per cent to close at Rs 78.10 -- its lower circuit limit -- on BSE. Other group stocks also declined, with Future Enterprises falling 4.94 ...

Representative Image Delhi HC directs Future Retail Ltd to maintain status quo in its deal with Reliance, grants interim relief to Amazon ANI | Updated: Feb 02, 2021 22:09 IST New Delhi [India], February 2 (ANI): The Delhi High Court on Tuesday directed Future Retail Limited to maintain status quo with respect to its deal with Reliance while granting interim relief to Amazon. A single-judge bench of Justice JR Midha said the court is satisfied that immediat...

Updated Jan 22, 2021 | 08:40 IST Reliance Retail is tapping Future Supply Chains network for its logistics, warehousing needs. Other Future Group companies are also in the process of receiving big orders from retail arm of Ambani-helmed firm Reliance Retail secures Future with logistics, other deals to unlock synergies&nbsp | &nbspPhoto Credit:&nbspBCCL Key Highlights Future Supply Chain which saw its revenues sag post lockdown gets a big boost from Reliance Retail Other ...

As Sensex created history on Thursday reaching the 50,000-mark, index-heavyweight Reliance Industries (RIL) shares played a major role in the achievement. RIL shares surged nearly three per cent after SEBI approved the acquisition of Future ...

Taking Stock | Profit-booking drags Sensex down from Mt 50k; mid, smallcaps underperform Mid and small-caps underperformed their large peers. BSE Midcap and Smallcap indices fell 0.88 percent and 0.68 percent, respectively. January 21, 2021 / 04:43 PM IST Indian equity benchmarks the Sensex and the Nifty ended with losses on January 21, erasing all gains of the morning trade due to losses in select heavyweights such as HDFC twins, Bharti Airtel and TCS. After opening in the green, Sensex hi...

Read more about RIL, Future Group shares in demand after Sebi nod on Business Standard. Shares of Reliance Industries (RIL) and Future Group companies were in demand after the market regulator Sebi approved the deal between the two, subject to a number of conditions in the composite scheme of arrangement.

Despite exhortations by Amazon, markets regulator SEBI has approved the deal between Future Group and Reliance Industries. SEBI, in a letter issued on Wednesday, approved the deal subject to a number of conditions in the Composite Scheme of ...

BSE data shows Sensex hit the milestone of 40,000 mark on May 23, 2019, in intraday trade.

Future Group, which had entered into a Rs 24,713-crore deal with billionaire Mukesh Ambani-led Reliance Industries to sell its retail business, has also received large orders from Jio Mart that is helping the retail major chart a strong comeback.

Sales to normalise by January-end, getting orders from Jio Mart: Future Group CEO Kishore Biyani Biyani said that Future Group - which operates popular retailing formats like Big Bazaar, FBB, Central and Nilgiris - has seen sales touching almost 60 per cent of the pre-COVID levels. Share Via Email   |  A+A A- By PTI NEW DELHI: Future Group expects normal sales to return for its retail vertical by the end of January, almost a year after the business was severely hit by pandemic-related ...