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Top News In Future Enterprises Today - Breaking & Trending Today

Patanjali Foods to be moved out of ASM framework, say exchanges

Along with this, exchanges published names of 11 other securities that will be moved out of ASM. ....

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NCLT admits personal insolvency application against Kishore Biyani, ET Retail

The admission of the application by the National Company Law Tribunal (NCLT) ensures moratorium on transactions of personal assets of the guarantor. But it does not give the resolution professional (RP) the right to take control of the personal assets of the guarantor. Following the ruling, the RP will invite claims from lenders and also validate them. ....

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Why Ambani and Jindal see future in debt-laden Future Group

Kishore Biyani, founder & CEO of Future Group, faces the decline of his business empire. Heavy debts, a series of acquisitions, and diversification into non-core ventures contributed to the downfall. Now, Reliance Retail and Naveen Jindal s Jindal (India) are vying to acquire the remnants. Reliance Industries, in particular, stands to enhance its retail footprint and capitalize on India s growing organized retail sector. ....

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Future Enterprises: Why Ambani and Jindal see future in debt-laden Future Group, ET Retail

Future Enterprises: Kishore Biyani, founder & CEO of Future Group, faces the decline of his business empire. Heavy debts, a series of acquisitions, and diversification into non-core ventures contributed to the downfall. Now, Reliance Retail and Naveen Jindal s Jindal (India) are vying to acquire the remnants. Reliance Industries, in particular, stands to enhance its retail footprint and capitalize on India s growing organized retail sector. ....

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Jindal India Joins Race For Future Retail Presents Debt Resolution - BW Businessworld

This comes at a time when Reliance Retail, owned by Mukesh Ambani, is also in the running to acquire the beleaguered company. Previously, Reliance Retail had requested an extension until 30 October to make a decision on its bid for Future Enterprises

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