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FUTURE GROUP CREDITORS
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
More than 8,800 cases admitted under IBC, creditors realise over Rs 4.11 lakh cr till Dec 2025India's Insolvency and Bankruptcy Code has seen significant success. By December 2025, over 8,800 corporate insolvency cases were admitted....
SoftBank's OpenAI-related debt in focus as another strong quarter expectedSoftBank anticipates a strong quarterly profit, largely driven by its significant investment in OpenAI, whose valuation has surged. However...
Spirit Airlines shutting down: why did Spirit Airlines fail and how to get your refunds right nowSpirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...
When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
Vedanta was never declared highest bidder for Jaiprakash Associates: RP to NCLATJaiprakash Associates insolvency proceedings see a dispute over Vedanta's claim as highest bidder. The resolution professional told the NCL...
After deleveraging Rs 215 crore in debt, JDMEHF bets big on healthcare’s futureUnder Rhitik Jassar, JDMEHF's journey demonstrates disciplined resilience, a quality honed by crisis.
Purvah Green pulls the plug on Rs 5,750-cr GVK Energy resolutionPurvah Green, an RP Sanjiv Goenka Group company, has withdrawn its ₹5,750 crore bid for GVK Energy, citing uncertainties from the Gulf war....
Reliance Retail, BC Jindal group seek more time to conduct due diligence on Future EnterprisesFuture Enterprises' creditors were informed at a meeting on Thursday that an extension had been sought by both prospective bidders who were...
Future Group stocks plunge up to 20% as creditors vote against RIL buyout dealThe development seemingly brings the curtain down on an acquisition plan that was announced in 2020 and then became the cause of a legal ba...
After most FRL lenders vote against RIL deal, Reliance Industries, Future Group companies say deal's offThat seemingly brings the curtain down on an acquisition plan that was announced in 2020 and then became the cause of a legal battle betwee...
Cannot implement $3.4 bln deal with Future Group, Reliance saysA day after Future Group’s proposed deal to sell its assets to Reliance Retail was rejected by a majority of lenders to flagship Future Ret...
Future’s lenders reject $3.4 bn sale deal with Reliance RetailThe creditors voted on Thursday in a National Company Law Tribunal (NCLT) mandated process to seek shareholders’ and creditors’ approval fo...
Future lenders await RIL's debt distribution planIf Reliance proposes to take over large chunk of Biyani co’s dues, lenders may be keen to vote in scheme’s favour.
Future group shares under pressure; Future Retail tanks 7.88%Listed companies of the Kishore Biyani-led Future group on Saturday informed the exchanges about the meetings of their respective sharehold...
Future group firms to convene shareholder, creditors meeting in AprilListed entities, including Future Enterprises Ltd, Future Retail Ltd, Future Consumer Ltd and Future Supply Chain, informed exchanges about...
Future Group cos to convene shareholder, creditors meeting from April 20-23The deal would go ahead amid Reliance Retail taking over the operations of at least 300 stores of Future Retail and offering jobs to its em...
Future group firms convene shareholder, creditors meetings to seek approval for the Reliance dealFuture groups firms to convene shareholder & creditor meetings in November to seek nod for their proposed merger into Future Ent as a part ...
Future Group creditors scramble to recover $2.5 bln loans amid Reliance deal woes: BankersFuture, which last year availed a loan moratorium amid the pandemic, has since defaulted on repayments. The defaults, coupled with the lega...
Creditors’ future uncertain as Amazon's legal battle with Future Group drags onRestructuring of debt is necessary as the classification of loans as NPA could deplete Future’s value and impact valuations, possibly putti...