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Future Group to focus on saving, rebuilding its firms after RIL deal falls through

However, Future Group's flagship firm Future Retail Ltd (FRL), which has nearly Rs 18,000 crore debt, is bound to face the corporate insolvency resolution process before NCLT.
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Future Retail lenders reject Rs 24,000-cr deal with Reliance

As per the regulatory filing, 69.29 per cent lenders voted against the RIL deal and 30.71 per cent secured creditors vote in favour of the deal.

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Amazon-Future dispute: SC to hear US e-commerce submissions tomorrow

A bench comprising Chief Justice N V Ramana and justices Krishna Murari and Hima Kohli, which had heard part arguments on Amazon's plea on April 1, has posted the case for the conclusion of submissions on April 4. ....

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Future Retail defaults on repayment of Rs 5,322-cr debt amid Amazon dispute

Last year, FRL had entered into a One Time Restructuring (OTR) scheme for COVID-hit companies with a consortium of banks and was under obligation to raise Rs 3,900 crore before March 31, 2022 by way of equity contribution. ....

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Amid dispute with Amazon, Future says will act to reverse store takeovers by RIL

The takeover occurred even though Future's sparring partner, Amazon.com Inc, says it had legal injunctions in place prohibiting such store transfers.
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