Page 39 - Future Enterprises News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nestle India: The FMCG major on Tuesday reported a 14.6 per cent year-on-year (YoY) growth in its net profit at Rs 602 crore for the quarter ending March 2021. It was Rs 525 crore in the year-ago period. Future Retail, Future Enterprises: The Reserve Bank of India (RBI) mandated KV Kamath committee has approved banks' proposal to restructure loans to Future Retail and Future Enterprises the two main arms of the Kishore Biyani-led group, a media report said. Earnings Today: Cyient, Tata Elxsi and 10 other companies will release their quarterly earnings on April 22. Voltas: Life Insurance Corpo...

Kamath committee approves Future Retail, Enterprises restructuring SECTIONS Share Synopsis This is the second large restructuring approved by the five member Kamath committee. Late last month it had approved a Rs 10,900 crore restructuring plan for the Shapoorji Pallonji Group. Reuters Future Enterprises which holds its supply chain; and Future Lifestyle Fashions which houses apparel brands like Central and Brand Factory, the total debt of the group stands at about Rs 21,000 crore. Banks will now implement the restucturing plan before the end of the week. "The plan has been approved and we wi...

Lenders to Future Enterprises, Future Supply Chain Solutions approve debt restructuring SECTIONS Last Updated: Apr 20, 2021, 10:48 PM IST Share Synopsis The boards of both the companies -- Future Enterprises and Future Supply Chain Solutions -- have approved the lenders' plan to restructure the existing secured financial debt, the firms said in separate regulatory filings. Agencies Future Enterprises said its restructuring plan would be subject to approval from the Expert Committee formed by RBI under the chairmanship of K V Kamath. Lenders to two more Future group firms -- Future Supply Cha...

Here are the top stocks to track in today's session: Earnings Today: Wipro, Blue Blends (India), Hathway Bhawani Cabletel & Datacom and Tinplate Company of India are scheduled to announce their quarterly numbers on Thursday. Most brokerages expect Wipro's net profit to rise between 23-30 per cent year-on-year (YoY) but the figure could contract on a quarter-on-quarter (QoQ) basis. Infosys: The company posted a 17.5 per cent jump in net profit for the March quarter on YoY basis, even though it was down 2.3 per cent sequentially. Infosys’s board also approved a share buyback of up to Rs 9,...

Updated Apr 15, 2021 | 09:46 IST This proposal will help the cash-strapped group buy time and keep an alternative ready, as it still awaits judicial clearance to complete the sale of its business to Mukesh Ambani’s Reliance Retail. Representational image  New Delhi: Future Group led by Kishore Biyani has promised lenders to pay an aggregate of Rs 6,900 crore in two tranches by the end of the current fiscal to work out a loan restructuring agreement with its lenders as its deal with Reliance Retail gets delayed. Biyani is planning to sell its small-format stores bu...