Page 25 - Future Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Future Lifestyle Fashions Ltd (FLFL) has said that claims worth Rs 3,477.28 crore from as many as 17 financial creditors have been admitted in the ongoing Corporate Insolvency Resolution Process (CIRP). Catalyst Trusteeship Ltd has emerged as the lead financial creditor with Rs 600.40 crore, having a 17.4 per cent voting share in the Committee of Creditors (CoC), formed for the debt-ridden Future Group firm.

FEL is going through Corporate Insolvency Resolution Process (CIRP) after the Mumbai bench of the National Company Law Tribunal (NCLT) admitted a plea from one of its operational creditors in February this year and appointed Jitender Kothari as IRP suspending the board.

Future Generali is a joint venture between the India based Future Group and the Italy based Generali Group.

France Augmented Reality and Virtual Reality Market industry growth is projected to be USD 114.5 billion by 2027, growing from USD 37.0 billion in 2022, at a Compound Annual Growth Rate (CAGR) of 23.6% during the forecast period.

D2C brand Koparo, which offers home cleaning products, has raised a Pre-Series A funding of $1.5 Mn led by Saama Capital.