Page 63 - Future Group News Today

In order that the Future Retail Limited (FRL) business could continue, Reliance also extended working capital support due to which FRL has been able to pay its statutory dues, pay interest and one time settlement amount to banks to continue its ...

Reliance Retail Ltd has taken over the operations of at least 200 stores of Future Retail and has offered jobs to its employees after the Kishore Biyani-led gro

Reliance Industries is taking over the operation of Future Retail (FRL) stores and is offering jobs to the company's employees.

Future Retail, India’s second largest retail chain, is scaling down its operations to reduce losses, it said, the latest casualty in its years-long battle with estranged partner Amazon. The firm, led by Kishore Biyani, said in filings to the stock exchanges that it has been finding it “difficult to finance the working capital needs,” and […]

Amazon questions legality of CCI’s December order : Rashtra News #Amazon #questions #legality #CCIs #December #order New Delhi: Amazon on Friday questioned the legality of a December order by the Competition Commission of India (CCI), which had put the US ecommerce firm’s 2019 investment in a Future Group company into limbo. Arguing in the National […]

Reliance Industries has acquired the activities of Future Retail storesNew Delhi: Reliance Industries has effectively taken over the operations of Fut

The takeover of stores by Reliance signals Future's worsening financial situation as its retail assets sale remains blocked due to legal battles.

Reliance Industries has effectively taken over the operations of Future Retail stores and has offered jobs to its employees

Amazon, on Feb 25, argued before the NCLAT that the CCI does not have the power to suspend its own orders or revisit prior approvals.

Future Retail scaling down operations to reduce losses