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Kishore Biyani Withdraws Resignation From Future Retail's Suspended Board

Almost one and a half months after resigning from the suspended board of debt-ridden Future Retail Ltd, Kishore Biyani has withdrawn his resignation.

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Future Retail Chairman Kishor Biyani's remuneration fell 44% to Rs 2.17 cr last fiscal

Future Retail Chairman Kishor Biyani's remuneration fell 44% to Rs 2.17 cr last fiscal
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

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Kishore Biyani's Future Retail says missed payment of interest due on 2025, due to Covid-19

Kishore Biyani's Future Retail says missed payment of interest due on 2025, due to Covid-19
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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Stocks in the news: NTPC, Ruchi Soya, UPL, Nalco and NCL India

Adani Enterprises: The Adani Group aims for its airports to annually handle 80 million passengers once all the eight projects in its kitty are up and running. It aims to handle another 120 million non-passengers, including consumers at hotels and malls in the aerotropolis areas, the group’s flagship company said in its annual report.
HDFC Life Insurance: UK’s Standard Life, one of the promoters of the life insurer, is looking to sell up to 70 million shares or a 3.46 per cent stake in the insurance company through a block deal on Tuesday to raise up to Rs 4,606 crore.
Tata Motors: The homegrown automaker plans to have 10 new battery electric vehicles (BEVs) in its domestic product portfolio by 2025. Tata Motors owned Jaguar Land Rover (JLR) aims to be the world's most profitable luxury car manufacturer, according to Chief Executive Officer Thierry Bollore.

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KIMS share price: Stocks in the news: KIMS, Dodla, NTPC, Lupin, Affle and Indigo

NTPC: The state-owned power giant said it has set a target to install 60 gigawatts (GW) of renewable energy (RE) capacity by 2032. NTPC has become India's first energy company to declare its energy compact goals as part of the UN High-level Dialogue on Energy (HLDE).
InterGlobe Aviation: The parent of the country's largest airline IndiGo's shareholders have approved a proposal to raise up to Rs 3,000 crore. The funds would be raised through the Qualified Institutional Placement route.
Thryocare Technologies: The startup Pharmeasy on Friday announced acquiring established diagnostics chain Thyrocare Technologies in a deal worth over Rs 6,300 crore, including buying the controlling stake from its 62-year-old founder A Velumani.

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Reliance Industries Ltd to invest Rs 5,000 cr in West Bengal: Mukesh Ambani

Reliance Industries Ltd to invest Rs 5,000 cr in West Bengal: Mukesh Ambani
newsnationtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsnationtv.com Daily Mail and Mail on Sunday newspapers.

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Kishore Biyani, 7 Others Barred from Securities Market for 1 Year by SEBI

Kishore Biyani, 7 Others Barred from Securities Market for 1 Year by SEBI
Moneylife Digital Team
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Market regulator Securities and Exchange Board of India (SEBI) has barred for one year, Kishore Biyani, the chief of Future group, Future Corporate Resources Pvt Ltd and three others from accessing securities market in any manner. The SEBI order is related with alleged insider trading in Future Retail Ltd during March and April 2017. SEBI also barred FCRL Employee Welfare Trust, Anil Biyani, Rajesh Pathak, Rajkumar Pande, Virendra Samani and Arpit Maheshwari from securities market for one year. Arpit Maheshwari, deputy manager of Future Retail has been barred from markets for one year and restrained for two years from dealing in shares of Future Retail. The market regulator also asked these entities to disgorge wrongful gains made by them in the alleged insider trading.

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future reliance deal: Delhi High Court refuses to restrain Amazon from approaching regulators in Future-Reliance deal

Synopsis
Kishore Biyani-led Future Retail Ltd in November, had accused the e-commerce giant of adopting a media strategy of "having every development reported and converted into a line of communication with stock exchanges" regarding the Amazon-Future Coupons' arbitration proceedings in Singapore.
Future-Amazon-Reliance: Delhi HC refuses to restrain Amazon from writing to statutory authorities
The Delhi High Court today refused to restrain Amazon from writing to statutory authorities, rejecting Future Group's plea to prohibit the American giant from interfering in its deal with Reliance Retail.
However, the statutory authorities are free to take their own decision as per law, the court said. The high court termed Future Retail's resolution approving the transaction with Reliance Retail also valid.

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