Future Retail, Future Enterprises Default On Rs 8,158 Crore Loan Repayments
Future Retail Limited and Future Enterprises Limited on Friday collectively defaulted on loan repayments worth Rs 8,157.97 crore
Source: ndtv.com
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Latest News | Future Enterprises Defaults on Rs 2,835.65 Cr Loan Repayment
Get latest articles and stories on Latest News at LatestLY. Debt-ridden Future Enterprises Ltd (FEL) on Friday said it has defaulted on payment of Rs 2,835.65 crore to various banks and lenders. Latest News | Future Enterprises Defaults on Rs 2,835.65 Cr Loan Repayment.
Source: latestly.com
Future Retail defaults on repayment of Rs 5,322 cr debt
Future Retail defaults on repayment of Rs 5,322 cr debt
Source: freepressjournal.in
Future Retail defaults on repayment of Rs 5,322-cr debt amid Amazon dispute
Last year, FRL had entered into a One Time Restructuring (OTR) scheme for COVID-hit companies with a consortium of banks and was under obligation to raise Rs 3,900 crore before March 31, 2022 by way of equity contribution.
Source: businesstoday.in
Future Group to sell 25% stake in general insurance joint venture to Generali for Rs 1,252.96 crore
Debt-ridden Future Group has announced that it will sell its 25 per cent equity in Future Generali India Insurance Company Limited (FGIICL) to its JV partner Generali for a cash consideration of Rs 1,252.96 crore as part of its asset monetisation plans to pair debts. Besides, Generali has also acquired an option to buy out the Future Enterprises Limited's (FEL) remaining
Source: deccanherald.com