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Future Enterprises to raise Rs 3,000 cr from insurance biz sale to avoid insolvency

Besides, FEL is also planning to sell its 33.3 per cent stake in its Life Insurance JV - Future Generali India Life Insurance Company Limited (FGILICL).

Uttar pradeshRamanaidu daggubatiEnterprises ltdAmar chitra katha pvt ltdRetail ltdGenerali india insurance company ltdMukesh reliance industriesGenerali india life insurance company limitedConsumer ltdDebt ridden future groupFuture enterprises ltdFuture generali india insurance company ltdLife insuranceKishor biyani ledFuture groupOne time restructuring

Future Enterprises To Sell Insurance Business To Avoid Insolvency

Debt-ridden Future Group firm Future Enterprises expects to raise around Rs 3,000 crore from selling its stake in the insurance business to pare debt

Uttar pradeshRamanaidu daggubatiEnterprises ltdAmar chitra katha pvt ltdRetail ltdGenerali india insurance company ltdGenerali india life insurance company limitedConsumer ltdFuture enterprisesFuture groupFuture enterprises ltdFuture generali india insurance company ltdLife insuranceKishor biyani ledOne time restructuringBig bazaar

Future Enterprises To Raise Rs 3 000 Cr From Insurance Biz Sale

Earlier on Thursday, Future Enterprises Ltd completed the sale of its 25 per cent equity in Future Generali India Insurance Company Ltd (FGIICL) to joint venture partner Generali for Rs 1,266.07 crore, , future group, Insurance Business

Uttar pradeshRamanaidu daggubatiEnterprises ltdAmar chitra katha pvt ltdRetail ltdGenerali india insurance company ltdMukesh reliance industriesGenerali india life insurance company limitedConsumer ltdDebt ridden future groupFuture enterprises ltdFuture generali india insurance company ltdLife insuranceKishor biyani ledFuture groupOne time restructuring

Future Enterprises to raise Rs 3,000 cr from insurance biz sale

Future Enterprises to raise Rs 3,000 cr from insurance business sale

Uttar pradeshRamanaidu daggubatiEnterprises ltdAmar chitra katha pvt ltdRetail ltdGenerali india insurance company ltdMukesh reliance industriesGenerali india life insurance company limitedConsumer ltdFuture groupFuture enterprises ltdFuture generali india insurance company ltdLife insuranceKishor biyani ledOne time restructuringBig bazaar

Future Consumer to divest stake in Amar Chitra Katha worth Rs 13 62 cr

Upon completion of sale of shares, Amar Chitra Katha shall cease to be a subsidiary of Future Consumer.

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