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Future Consumer Ltd defaults on Rs 369 59 crore loan repayment

Future Consumer Ltd (FCL) has defaulted on the payment of Rs 369.59 crore towards principal and interest on loans from banks, financial institutions and unlisted debt securities in the September quarter. FCL, the FMCG arm of the debt-ridden Future Group, had defaulted on Rs 253.95 crore loans and

Toilet Care Market to increase by USD 2 32 billion between 2022 to 2027, The emergence of eco-friendly and premium products in toilet care to drive growth

/PRNewswire/ The toilet care market size is expected to grow by USD 2.32 billion from 2022 to 2027, according to Technavio. In addition, the growth momentum.

Deals Digest: Funding value moderates after bumper week

Venture capital and private equity dealmaking activity stabilised over the last five-day period, after recording a significant jump in the previous week when it crossed the billion-dollar mark ..

Gokaldas to acquire Dubai s Atraco; Medimix owner buys Future s Nilgiri Dairy

Gokaldas Exports Ltd has agreed to acquire Dubai-based apparel manufacturer Atraco Group for an equity consideration of $55 million to expand its global presence.  Gokaldas, which ..

Nilgiri Dairy Farm News: Future Consumer sells Nilgiri Dairy Farm to AVA Cholayil Healthcare for Rs 67 crore, ET Retail

Nilgiri Dairy Farm News: Future Consumer Ltd has announced the sale of its dairy business, Nilgiri Dairy Farm, to AVA Cholayil Healthcare for Rs 67 crore. This move will help Future Consumer monetize its assets and address its debt issues. The sale includes the transfer of all operations related to the dairy business, including franchisee operations, retail trade operations, and the sourcing, processing, packaging, and marketing of dairy products, bakery products, FMCG, staples, and other products.

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