Bank Of India Drags Future Retail To NCLT, Files Insolvency Plea
Bank of India (BoI) has filed a petition to start insolvency proceedings against debt-ridden Future Retail at the NCLT.
Source: inc42.com
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Future To Hold Shareholders' Meet Despite Amazon Calling Move 'Illegal'
FRL has now said that the meeting of its shareholders, scheduled next week, is compliant with directives issued by the NCLT.
Source: inc42.com
TLDR: Elon Musk proposes to buy Twitter, Flipkart invests in Myntra
Medianama brings you a quick round-up of significant developments in the tech landscape.
Source: medianama.com
Amazon Warns Future Against Convening Meet To Approve RIL Deal
Amazon has warned FRL against holding meetings of its shareholders scheduled next week to approve the sale of its assets to Reliance Retail.
Source: inc42.com
India's FY23 retail inflation rate projection raised to 5.7%
The Reserve Bank of India (RBI) raised India’s retail inflation rate projection for FY23. Accordingly, inflation projection for 2022-23 has been raised to 5.7 per cent from an earlier estimation of 4.5 per cent
Source: gulftoday.ae