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...
08 May, 2022, 06.59 PM IST
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...
27 Jan, 2022, 09.21 AM IST
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).
18 Dec, 2013, 09.54 AM IST
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).
17 Dec, 2013, 10.19 PM IST