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Disclosure Lapses Case: SEBI Sends Rs 5 Lakh Notice To Future Enterprises

Capital markets regulator SEBI on Wednesday sent a notice to Future Enterprises asking it to pay over Rs 5 lakh in a matter pertaining to disclosure lapses about initiation of arbitration proceedings against Future Group by Amazon. ....

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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). ....

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Two independent directors of Future Enterprises resign

The development comes days after FEL defaulted on a payment of Rs 2,835.65 crore to various banks and lenders. ....

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