Page 48 - Future Enterprises News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Updated Dec 30, 2020 | 09:12 IST Future Group is reopening its offices, hiring top management executives across formats, Future Group founder Kishore Biyani told employees in an email. Representational image  Key Highlights The retail chain operator had trimmed its operations due to a severe cash crunch amid the Covid-19 led nation-wide lockdown.  In an email to employees, Kishore Biyani said Future Consumer and Future Enterprises have received large orders from Reliance Retail New Delhi: The Future Group has got a new lease of life and is reopening its offices, h...

Synopsis This will be a big support for the cash-strapped future group firms before the completion of Rs 24,713 crore buyout of the country's second-largest retailer by Reliance Industries' arm. Agencies Future Group has requested the regulator to expedite the review of the proposed deal and issue a no-objection certificate, while Amazon has urged that the review of the "impugned transaction" be suspended. Future group firms have started getting large orders from Reliance Industries, CEO Kishore Biyani said in an email to his employees. The group firms Future Consumer and Future Enterprises ...

Despite the coronavirus pandemic and the resultant ravaging of the global economy, the Deal Street managed to grow 7 per cent in 2020 over 2019 to about USD 80 billion across 1,268 transactions, thanks to a string of big-ticket deals by Reliance, according to a report. More than a third of the total deal came through Reliance -- into Jio Platforms and Reliance Retail, according to the data collated by PwC India. While Reliance Jio attracted FDI worth USD 10.2 billion led by Facebook, Reliance Retail also got billions in foreign direct investment (FDI) in the second half. All other FDIs put...

Explore Now Despite the coronavirus pandemic and the resultant ravaging of the global economy, the Deal Street managed to grow 7 per cent in 2020 over 2019 to about USD 80 billion across 1,268 transactions, thanks to a string of big-ticket deals by Reliance, according to a report. More than a third of the total deal came through Reliance -- into Jio Platforms and Reliance Retail, according to the data collated by PwC India. While Reliance Jio attracted FDI worth USD 10.2 billion led by Facebook, Reliance Retail also got billions in foreign direct investment (FDI) in the second half. All other...

Synopsis The Delhi High Court dismissed a plea by Future Retail Ltd (FRL) asking it to stop Amazon from 'interfering' in a proposed sale of Future Group assets to Reliance Retail. Reuters Future Retail Ltd (FRL) asking it to stop Amazon from 'interfering' in a proposed sale of Future Group assets to Reliance Retail. It also said Reliance Retail’s plan to acquire Future’s assets was lawful. The court however rejected Future's argument that the Singapore International Arbitration Centre (SIAC) didn’t have jurisdiction over the matter. The court directed the statutory authorities, includin...