Future Retail insolvency: More entities join the race to acquire bankrupt firm
48 companies have submitted their expression of interest
Source: theweek.in
Page 29 - Future Retail News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Reliance Retail, JC Flowers among 46 eligible resolution applicants for Future Retail
The National Company Law Tribunal on July 20, 2022 initiated an insolvency resolution process against Future Retails following loan default
Source: moneycontrol.com
Nifty, Sensex On an Upmove - Monday Closing Report
On Monday, 1860 stocks advanced, 1742 declined and 153 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 1.06, indicating a positive closing of stocks in broader markets.
Source: moneylife.in
Bidders for Biyani's Future Retail rises to 55 in final list
The bidders include major names such as Reliance Retail, Adani group via a JV, Jindal group, among others
Source: livemint.com
Future Retail insolvency process: 48 cos selected as eligible prospective bidders
As many as 48 companies, including Reliance Retail, Jindal Power Ltd and Adani group, are in the final list of eligible prospective resolution applicants for acquiring debt-ridden Future Retail Ltd. The Resolution Professional of Future Retail Ltd (FRL), which is currently going through an insolvency resolution process, on Monday came out with the final list of 'Eligible Prospective Resolution Applicants'. On April 10, FRL's RP updated a list of 49 companies, which had submitted Expressions of Interest (EoIs) after the company's lenders decided to invite fresh bids after dividing its assets in...
Source: rediff.com