Future Enterprises to raise Rs 3,000 crore from insurance biz sale; aims to pare debt, avoid insolvencyOn March 31, FEL defaulted on repayment of Rs 2,911.51 crore of loans to the consortium of banks and lenders. Later it also missed a 30-day...
Future Enterprises to sell 25 pc stake in general insurance JV to partner Generali for Rs 1,253 Cr"FEL has agreed to sell a 25 per cent stake in its General Insurance Joint Venture, FGIICL, to its Joint Venture partner Generali for a cas...
Future Retail rallies nearly 5% on stake sale reportsTthe company said that it has sold 22.5 per cent stake in Future Generali India Life Insurance Co to Industrial Investment Trust Ltd (IITL).
Future Retail sells 22.5% stake in Future Generali IndiaFuture Retail said it has sold 22.5 per cent stake in Future Generali India Life Insurance Co to Industrial Investment Trust Ltd (IITL).