Page 44 - Future Enterprises News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Explore Now MUMBAI: Shares of most Future Group companies hit their 5 per cent lower circuit limits today after the Securities and Exchange Board of India (SEBI) banned the group’s chief executive officer, Kishore Biyani, from accessing the capital market for one year. In an order on Wednesday, SEBI said that its investigation found that Future Retail’s promoters including Biyani had traded the in the scrip while possessing undisclosed price sensitive information. Shares of Future Enterprises, Future Retail, Future Consumer, Future Supply, Future Lifestyle Fashion and Future Market Networ...

Future Retail Ltd further tumbled 5 per cent on Thursday as investors continued to sell the company's shares for the second consecutive day. The stock declined 4.99 per cent to close at Rs 74.20 -- its lower circuit limit -- on the BSE. On Wednesday too, Future Retail Ltd (FRL) declined 5 per cent amid concerns related to the deal with Reliance Retail. Other group stocks also tumbled on Thursday, with Future Enterprises falling 4.94 per cent, Future Lifestyle Fashions declining 4.98 per cent and Future Consumer slumping 4.26 per cent. Sebi, on Wednesday, barred Kishore Biyani and certain ...

Shares of Future Group companies were locked in lower circuit on the BSE on Wednesday, in an otherwise strong market, after the Delhi High Court on Tuesday asked Future Retail to maintain status quo with respect to its $3.4 billion (about Rs 24,700 crore) deal with Reliance Retail. The court said it was satisfied that an immediate interim order was required to be passed to protect the rights of Amazon. Future Retail (Rs 78.10), Future Lifestyle Fashions (Rs 88.35), Future Consumer (Rs 8.21), Future Enterprises (Rs 11.73) and Future Supply Chain Solutions (Rs 100.15) were locked in lower circu...

Shares of Future Retail on Wednesday declined 5 per cent amid concerns related to the deal with Reliance Retail. The Delhi High Court on Tuesday directed Future Retail Ltd (FRL) to maintain status quo in relation to its Rs 24,713 crore deal with Reliance Retail, which has been objected to by the US-based e-commerce giant Amazon. Future Retail tanked 4.99 per cent to close at Rs 78.10 -- its lower circuit limit -- on BSE. Other group stocks also declined, with Future Enterprises falling 4.94 per cent, Future Lifestyle Fashions dipped 5 per cent and Future Consumer 4.98 per cent. Amazon has...

Investor wealth continued to soar at the bourses as a growth-driven Budget to fire the pandemic-hit economy impressed investors and analysts alike. Market-cap of all the BSE listed firms neared Rs 197-trillion mark as benchmark indices soared 2.5 per cent at the bourses. Among the headline indices, the S&P BSE Sensex zoomed 1,197 points, or 2.46 per cent, to settle the day at a fresh record closing peak of 49,798 levels. The index reclaimed the 50,000 level in intra-day deals and hit a high of 50,154 earlier today. Now, if analysts at Morgan Stanley are to be believed, the index is on cours...