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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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Supreme Court To Expedite Hearing On Amazon's Plea On Future Group's Asset Preservation

Supreme Court has said it would list for hearing "as early as possible" the interim plea of Amazon seeking preservation of Future Retail's assets ....

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After Reliance's takeover of Future's stores, miffed lenders may approach SEBI

Last week, Reliance had taken over control of nearly 200 small-format retail stores of the debt-ridden Future Group. ....

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Future Retail's independent directors to turn down Amazon's request for expedited due diligence : Tech News

Future Retail’s independent directors to turn down Amazon’s request for expedited due diligence : Rashtra News #Future #Retails #independent #directors #turn #Amazons #request #expedited #due #diligence New Delhi | Bengaluru: The independent directors of Ltd. have decided not to accept Amazon’s request to allow private equity fund Samara Capital to conduct an expedited due diligence […] ....

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