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MUMBAI: Shares of Future Group companies fell sharply on Monday, some as much as 20 percent, after India’s biggest retailer Reliance called off its $3.4 billion deal with the group over the weekend, pushing its flagship Future Retail towards possible bankruptcy. Shares of Future Supply Chain Solutions, Future Retail, Future Lifestyle Fashions, Future Consumer and Future
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
Decision after secured creditors gives a thumbs down