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Future ent news: Reliance Retail, Jindal (India) make offers to acquire bankrupt Future Enterprises

Future Enterprises have received resolution plans from Jindal (India) Ltd, Reliance Retail Ventures and GBTL Ltd under the corporate insolvency process. The newly appointed resolution professional Avil Menezes disclosed the names of these three entities as a provisional list of prospective resolution applicants . The RP has admitted Rs 12,265 crore of verified claims from lenders and Rs 23 crore of claims from fixed deposit holders. ....

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These 5 stocks eroded at least half of their value in 2020

These 5 stocks eroded at least half of their value in 2020
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Synopsis
Here’s a quick look at the top wealth destructors among of 2020, among the BSE 500 pack.
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GE Power India dropped 62 per cent in 2020, logging its worst yearly performance in a decade
MUMBAI: While the domestic equity market had a stellar run this year despite the Covid-19 pandemic, some stocks still eroded half or more value for the year-to-date.
Up nearly 14 per cent in 2020, equity benchmark Sensex is at a record high level. From its March lows, the index has recovered nearly 83 per cent.
However, five of the BSE 500 stocks eroded at least 50 per cent value since the start of 2020, and such erosion was largely due to reasons specific to the company or the group. In most cases, it was accompanied by falling institutional participation. ....

Gautam Hari Singhania , Punjab National Bank , Kishor Future Group , Reliance Industries , Future Consumer , Reliance Retail Ventures , Kishor Biyani Promoted Future Group , Future Group , National Bank , Managing Director Gautam Hari Singhania , கௌதம் ஹரி சிங்கானியா , பஞ்சாப் தேசிய வங்கி , கிஷோர் எதிர்கால குழு , நம்பகத்தன்மை தொழில்கள் , எதிர்கால நுகர்வோர் , நம்பகத்தன்மை சில்லறை முயற்சிகள் , கிஷோர் பியானி ப்ரமோடெட் எதிர்கால குழு , எதிர்கால குழு , தேசிய வங்கி , நிர்வகித்தல் இயக்குனர் கௌதம் ஹரி சிங்கானியா ,