Page 27 - Future Consumer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Can retail investors sustain the market rally? × They do not have the fire-power. The rally can be sustained only if the pandemic is contained fast and FPIs/MFs resume buying Foreign portfolio investors have acted as the main pillar supporting the Indian equity market since 2000, pumping in money year after year, with rare exceptions. Mutual funds have emerged as another important source of liquidity since 2014, as Indian investors adapted to this vehicle to invest in stocks. However both these liquidity channels have turned dry over the last two months. Foreign portfolio flows into Indian e...

At meeting held on 29 April 2021The Board of Future Consumer at its meeting held on 29 April 2021 has approved a resolution plan to restructure the existing secured and unsecured financial debt from the bankers of the Company, as permitted under a 'Resolution Framework for COVID 19 related stress' announced by the Reserve Bank of India. The said resolution plan has been approved by the Board, subject to final approval from the lenders of the Company. It may be noted that non-convertible debentures (NCDs) issued by the Company are not part of the aforesaid resolution plan. Pursuant to the...

Reliance to extend long stop for Future Group deal to September 2021 SECTIONS Share Synopsis "Pursuant to the provisions of scheme and other transaction documents executed in relation thereto, RRVL has in exercise of the right provided thereunder, extended the timeline for Long Stop Date from March 31, 2021 to September 30, 2021," said Future Retail in a statement. Agencies Reliance Retail Ventures Ltd, a unit of Reliance Industries, agreed to buy the retail assets of Future Group on a slump sale basis for about Rs 25,000 crore, it was announced in August with a long stop of 31 March this yea...

India: Beauty brand Juicy Chemistry raises $6.3m led by Verlinvest Photo: Unsplash March 12, 2021 Homegrown skin and hair care direct-to-consumer (D2C) brand Juicy Chemistry has raised $6.3 million in Series A funding round led by Belgium-based investment firm Verlinvest. This is the first institutional fundraising by the company, which plans to use the capital for building its brand and expanding the business. Juicy Chemistry was founded in 2014 by Megha and Pritesh Asher offering a range of certified organic products across face, body and hair care. “The investment will enable Juicy Chemi...

Opinions expressed by You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Organic skin and personal care brand Juicy Chemistry on Friday announced to have raised $6.3 million in a Series A funding round led by Belgium-based investment firm Verlinvest. This marks the largest Series A raise in the D2C beauty and personal care space, the company shared. Veda Corporate Advisors was the exclusive financial advisor for the transaction. “It is an incredibly exciting time for us. The investment will enable Juicy Chemistry to further strengthen its position as a...