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FCL AND RELIANCE RETAIL LTD
FCL defaults on Rs 615.67 cr interest, principal paymentFuture Consumer Ltd (FCL), the FMCG arm of Future Group, has defaulted on Rs 615.67 crore in loan repayments and interest as of March-end 2...- Future group's FMCG arm FCL defaults on payments of Rs 449.04 crore till June-endFuture Consumer Ltd (FCL), the FMCG arm of debt-laden Future Group, disclosed on Saturday that it defaulted on payments totaling Rs 449.04 ...
- FCLs total defaults at Rs 70 cr as of September 30FCL's total financial indebtedness is Rs 436.07 crore, which includes Short -term and long-term debts. This includes Rs 253.90 crore debt f...
- Reliance Retail accounts for 63% of FCL's salesReliance Retail contributed ₹611.75 crore, said the report, adding that the failure of the ₹24,713 crore deal with Reliance Group in April ...
- Future Consumer defaults on Rs 51.85 cr payment towards debenturesThe default which happened on August 15, 2022, includes an interest amount of Rs 10.73 crore and a principal amount of Rs 41.12 crore, FCL ...
- Future Retail's Chief Financial Officer C P Toshniwal resignsToshniwal's resignation is the recent addition to the string of resignations that started after the Rs 24,713-crore deal was called off las...
- Future Group to sell 18.6 pc stake in Amar Chitra Katha for Rs 13.62 croreIt has entered into definitive agreements on Thursday to dispose of part of its investments held in ACKPL constituting to 18.58 per cent of...
- Reliance Retail contributes 26% of Future Consumer's FY21 sales; becomes 2nd-largest customerIn the financial year 2020-21, the retail arm of Reliance Industries Ltd has purchased goods worth Rs 157.54 crore from Future Consumer Ltd...
- SIAC to start hearing over Amazon-Future dispute from July 2The filing noted that "Future Retail Ltd(FRL) has filed two applications before the Tribunal, first being an application challenging the ju...
- CAIT says Amazon's arbitrary policies to dominate India's retail trade should endThe court rejected Future Retail Ltd's (FRL) plea for an interim injunction to restrain Amazon from writing to Sebi, the Competition Commis...
- Amazon tussle: Future Retail says not every development 'material event for disclosure'In a regulatory filing disclosing the development, FRL said,"...this disclosure is being made out of abundant caution to avoid any speculat...
- Future Retail tanks 5% as SIAC rejects company's pleaFRL had approached the Court of SIAC saying the arbitration proceedings were part of a contract to which the company is not a party.
- 'Amazon seeking to exercise control over Future Retail without owning a stake'Amazon had in August last year bought 49 per cent in one of Kishore Biyani-led Future Group's unlisted firms, with the right to buy into th...
- Amazon not shareholder, no say in company affairs: Future Retail tells Delhi High CourtSubsequently, Amazon wrote to market regulator SEBI, stock exchanges and Competition Commission of India (CCI), urging them to take into co...
- Amazon-Future coupons deal named 15 companies as untouchablesAmazon's shareholders' agreement with Future Coupons had barred not just Reliance Industries but tens of companies including Walmart, Googl...
- Amazon invested in Future Coupons to strengthen business, unlock valueAmazon has also said the Future-Reliance transaction breaches the right of first refusal and non-compete clauses in its agreement with the ...
- Future Consumer defaults on debt repaymentIn a regulatory filing, the company said it has been unable to service its obligations towards payment of principal redemption and interest...
- Eye on Future, RIL to buy minority stake in its FMCG businessA minority stake in the consumer goods business will give RIL greater say over pricing and discounting strategies for products sold in its ...
- Future Group to tie up with Booker Group for cash and carry stores in India"Booker India has developed one of the lowest cost distribution networks for FMCG products through its cash and carry network in India," sa...
- Future Consumer to enter JV with UK wholesaler Booker GroupThe equal joint venture between Future Consumer Ltd (FCL) and UK's largest wholesaler, plans to open about 60-70 stores in the next three y...
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