Fitch Affirms Future Retail s Rating at Near Default C ; Removes from Ratings Watch Due to Delay in Reliance Deal moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.
March 14, 2021
Kishore Biyani, Promoter of the Future Group - KAMAL NARANG× Kishore Biyani, the founder of the Future Group, has deposited the interim fine in the insider trading case as ordered by Securities Appellate Tribunal (SAT). The money has been deposited with SEBI. The ₹11-crore interim fine was levied by SAT on Biyani and a few others.
During the hearing held on February 15, a three-member Bench at SAT led by Justice Tarun Agarwala had also stayed an order passed by market regulator that had barred the brothers Kishore and Anil Biyani and Future Corporate Resources Pvt Ltd along with other individuals from accessing the securities market for one year.
Indian tribunal blocks regulator s order on Future chief, company says reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.