Future Retail - Future Retail MD Rakesh Biyani steps down, Company Secretary resigns
There is an exodus of people from the board and at other levels in several Future group companies after Rs 24,713 crore deal was called off by Reliance Retail
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There is an exodus of people from the board and at other levels in several Future group companies after Rs 24,713 crore deal was called off by Reliance Retail
However, Future Group's flagship firm Future Retail Ltd (FRL), which has nearly Rs 18,000 crore debt, is bound to face the corporate insolvency resolution process before NCLT.
Debt-ridden Future Group is now focusing on saving and rebuilding firms such as - Future Lifestyle Fashions, Future Supply Chain Solutions
Future Group to focus on saving, rebuilding Future Lifestyle, others
However, Future Group's flagship firm Future Retail Ltd (FRL), which has nearly Rs 18,000 crore debt, is bound to face the corporate insolvency resolution process before NCLT, , future group, kishore biyani