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Future Group companies move Delhi HC against debt recovery tribunal order

The Future Group companies on Tuesday moved the Delhi High Court against a debt recovery tribunal s July 31 order that restrained them from alienating their assets in recovery proceedings initiated by lenders. A bench led by Chief Justice Satish Chandra Sharma, while seeking response from the government, Future Group founder Kishore Biyani, Rattan India Finance, RBL Bank, Yes Bank and others refused to stay the DRT order. The matter will be next heard on October 18. ....

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What businesses can learn from Kishore Biyani's inglorious exit

With his exit, Biyani will join the likes of businessmen who will be remembered, not for the empires that they built, but the value that they destroyed. ....

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Future Enterprises defaults on NCD payment worth Rs 6.07 cr

The Company is unable to service its obligations in respect of the interest on Non-Convertible Debentures was due on June 20, 2022, the Kishore Biyani led firm said in its regulatory filing. ....

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Future Enterprises defaults on Rs 19.16 cr loan repayment to PNB, others

The due date for payment of Rs 19.16 crore was March 28, FEL said in a regulatory filing. ....

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Stocks to Watch: Reliance, Dr Reddy's, SBI, Future Group companies

Stocks to Watch: Reliance, Dr Reddy s, SBI, Future Group companies
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On Wednesday, the Sensex closed above 50,000-mark for the first time ever, rising 458.03 points or 0.92% to end at 50,255.75. The Nifty gained 142.10 points or 0.97%, ending at 14,789.95. (Photo: PTI)
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NEW DELHI: Here is the list of top 10 stocks that could be in focus on Thursday.
Reliance Industries: The Future Group on Wednesday challenged the Delhi high court interim order that directed it to abide by a Singapore tribunal ruling, barring it from selling its assets to Reliance Industries Ltd. Future Group is caught in a feud between Amazon and Reliance, which are competing for dominance in India’s $1 trillion consumer retail market. ....

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