Page 9 - Future Enterprises News Today

Besides, FEL is also planning to sell its 33.3 per cent stake in its Life Insurance JV - Future Generali India Life Insurance Company Limited (FGILICL).

Debt-ridden Future Group firm Future Enterprises expects to raise around Rs 3,000 crore from selling its stake in the insurance business to pare debt

Future Enterprises to raise Rs 3,000 cr from insurance business sale

Indian equity benchmarks jumped on Thursday, riding higher on investor optimism driven mainly by a rally on Wall Street tracking robust US company earnings, but global economic growth fears, a slowdown in demand from China's stringent restrictions, and Europe's energy crisis persist.

Indian equities fell on Wednesday tracking a broader global equities sell-off as investors were rattled by economic growth fears and news that Russia will cutgas supplies to Eastern Europe added to the already grim mood.

Shares of Future Group companies tumbled again on Tuesday on increasing concerns that the group faces bankruptcy risk, despite a surge in benchmark indices and broader Asian stocks trading higher.

Indian equities snapped a two-session losing streak and closed higher on Tuesday as broader global stocks edged up.

Shares of Future Supply Chain Solutions, Future Retail, Future Lifestyle Fashions, Future Consumer and Future Enterprises fell between 5 per cent and 20 per cent., , future group

Future Group shares tumble up to 20% post-announcement of acquisition by Reliance Industries

Indian shares fell sharply on Monday as prospects of aggressive rate hikes by the US Federal Reserve hit investors' appetite for risky assets.