Future Super acquires GuildSuper
Future Super Group is ramping up its growth strategy, entering the default super space with the acquisition of GuildSuper.
Source: financialstandard.com.au
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Future Super enters the default fund game with GuildSuper acquisition
The deal is expected to be completed before the end of the calendar year and will increase its $10.67 billion FUMA by more than 25 per cent.
Source: afr.com
9 of the best new K-dramas to watch in November 2023: Daily Dose of Sunshine on Netflix, Vigilante on Disney+, A Bloody Lucky Day, and more
From Daily Dose of Sunshine on Netflix and Vigilante on Disney+ to Secret Playlist and A Bloody Lucky Day on TVING, here are the best new K-dramas to watch in November 2023.
Source: scmp.com
NCLT admits personal insolvency application against Kishore Biyani, ET Retail
The admission of the application by the National Company Law Tribunal (NCLT) ensures moratorium on transactions of personal assets of the guarantor. But it does not give the resolution professional (RP) the right to take control of the personal assets of the guarantor. Following the ruling, the RP will invite claims from lenders and also validate them.
Source: indiatimes.com
Why Ambani and Jindal see future in debt-laden Future Group
Kishore Biyani, founder & CEO of Future Group, faces the decline of his business empire. Heavy debts, a series of acquisitions, and diversification into non-core ventures contributed to the downfall. Now, Reliance Retail and Naveen Jindal's Jindal (India) are vying to acquire the remnants. Reliance Industries, in particular, stands to enhance its retail footprint and capitalize on India's growing organized retail sector.
Source: indiatimes.com