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FRL INDEPENDENT DIRECTORS
Future Retail independent director conduct raises question on corporate governance in India: Amazon- Amazon in self-serving act to destroy Future Retail at any cost: Future Retail independent directors
- It's akin to demon preaching vedas: Future Retail independent directors on Amazon's allegation of fraudulent stratagem
- Future Retail denies Amazon's allegation of 'fraudulent stratagem' by independent directorsLast week, Amazon had accused FRL's independent directors of facilitating a "fraudulent stratagem" of transfer of 835 stores to Reliance Re...26 May, 2022, 11.02 PM IST
- Future-Reliance deal: Amazon writes to Future independent directors, accuses them of facilitating fraudulent stratagemThe Reliance deal fell last month after the lenders to FRL rejected it. But prior to that, Reliance group, referred to as MDA group by Amaz...23 May, 2022, 12.51 AM IST
- Future Retail MD Rakesh Biyani steps down, Company Secretary resignsThe Future Group flagship firm is facing an insolvency petition by its lenders before the National Company Law Tribunal. There is an exodus...04 May, 2022, 10.21 PM IST
- With only 3 days left to clear debt, Future Retail asks SC for more time to avoid an NPA tagThe retailer said it could not raise funds to service the debt because a myriad of litigations by Amazon prevented it from selling its smal...26 Jan, 2022, 06.38 AM IST
- Future Retail's independent directors turn down Amazon's bailout offerFRL's independent directors had last week asked Amazon if the e-commerce giant was willing to give a long-term loan to avoid default on rep...25 Jan, 2022, 03.34 PM IST
- Can't accept offer until legally viable, says Future Retail independent director on Amazon proposalFuture Retail's independent directors had last week asked Amazon if it was willing to give a long-term loan to avoid default on repayment o...24 Jan, 2022, 08.47 PM IST
- Give financial details to Samara Capital if you want funds to avoid default, Amazon tells Future RetailAmazon, that is currently embroiled in a legal tussle with Future Group over the Indian group’s plans to sell its assets to Reliance Retail...23 Jan, 2022, 03.33 PM IST
- Future Retail's independent directors seek Rs 3,500 crore loan from AmazonAmazon, embroiled in a legal tussle with Future over plans to sell its assets to Reliance Retail, earlier this week opposed FRL's plans to ...22 Jan, 2022, 06.35 AM IST
- FRL's independent directors ask Amazon to confirm Rs 3,500-cr infusion by SaturdayE-mails sent to Amazon and Future group seeking comments on the matter did not elicit a response. Earlier this month, Future Retail had sai...21 Jan, 2022, 10.16 PM IST
- Amazon offers financial assistance to Future Retail, warns against selling storesAmazon has offered financial assistance to cash-strapped Future Retail, with which the US-based ecommerce major is embroiled in a legal bat...20 Jan, 2022, 10.50 PM IST
- Amazon writes to Future Retail's independent directors alleging 'financial irregularities'New Delhi, Amazon has written to the independent directors of Future Retail Ltd (FRL) alleging "significant financial irregularities", and ...25 Nov, 2021, 10.09 PM IST
- Amazon asked Future Group to withdraw FEMA violation complaint before CCI: SourcesAmazon had asked the Future Group to withdraw the complaint filed by Future Retail before the fair trade regulator CCI citing allegations o...23 Nov, 2021, 09.46 AM IST
- Future Retail's independent directors ramp up attack on Amazon, write another letter to CCIIn their latest letter to the CCI chairman Ashok Kumar Gupta the directors quoted Amazon’s internal communications and said the US giant wa...14 Nov, 2021, 01.28 PM IST
- Will expose Amazon's contradiction and misrepresentation before CCI, says FRL independent directorAsked why the independent directors are raising the issue almost three years after the Amazon-Future Coupons deal, Dhariwal said it is only...11 Nov, 2021, 02.51 PM IST
- CAIT urges CCI to revoke approval to Amazon for Future Coupons deal"Considering the urgency of the matter and the attached public interest and public good, we request you to take immediate action of declari...10 Nov, 2021, 10.44 PM IST
- Hope CCI reopens Amazon investment case: Independent directors of FRLRL has given a one-time restructuring proposal to banks, telling them that the company will sell all its small stores and raise Rs 3,000 cr...10 Nov, 2021, 12.35 PM IST
- Future Retail independent directors claim Amazon deal violates FEMA, FDI rulesThe assertions of Amazon which it has claimed with success in the arbitral tribunal meant Amazon has significant strategic rights over FRL ...08 Nov, 2021, 09.47 AM IST
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