Future Retail CEO Sadashiv Nayak Quits After 7 Months Of His Appointment
Debt-ridden Future Retail Ltd's CEO Sadashiv Nayak has resigned from the post seven months after his appointment, according to a filing.
Source: ndtv.com
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'Amazon wanted to destroy us, they destroyed us', Future Retail to SC
Future Retail Limited (FRL) counsel on Friday told the Supreme Court that nobody wants to do business with it today as Section 7 of the IBC may come any day, and the company owes landlords thousands of crores in rentals, as Amazon could not get ...
Source: prokerala.com
Amazon wanted to destroy us, they destroyed us, Future Retail to SC
Future Retail Ltd (FRL) on Friday told the Supreme Court that nobody wants to do business with it today as Section 7 of the IBC may come any day, and the company owes landlords thousands of crores in rentals, ruing that as Amazon could not get ...
Source: prokerala.com
Future Retail defaults on repayment of Rs 5,322 cr debt
Future Retail defaults on repayment of Rs 5,322 cr debt
Source: freepressjournal.in
Future Retail defaults on repayment of Rs 5,322-cr debt amid Amazon dispute
Last year, FRL had entered into a One Time Restructuring (OTR) scheme for COVID-hit companies with a consortium of banks and was under obligation to raise Rs 3,900 crore before March 31, 2022 by way of equity contribution.
Source: businesstoday.in