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FUTURE GROUP DEFAULT
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...
Nehru and Modi: Two leaders, two centuries, one shared ambition to transform IndiaNarendra Modi now leads India as its longest-serving elected head of government. This milestone invites comparisons with Jawaharlal Nehru, ...
Those willing to look beyond the fog of war: 5 large-caps from different sectors with upside potential of up to 28%The news mix could not be more confusing. On the one hand, the US House voted to halt Trump’s Iran war, and Israel and Lebanon again agreed...
ThynkTech Pune India closure: Noida IT Firm shutdown leaves 500+ jobless after Rs 15,000 deposit over issuing laptops, 2 months' salary unpaidA Noida IT firm, ThynkTech India OPC Pvt Ltd, has suddenly closed its Pune office, leaving over 500 engineers, interns and employees are no...
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
Jaypee Golf Club members in Noida seek clarity as Adani takeover of JAL nearsJaypee Golf Club members face uncertainty as Jaiprakash Associates' insolvency nears conclusion. Members demand clarity from the Resolution...
'3 years of German, now Sanskrit?' CBSE language rule sparks chaos in schools, parents say dreams are being redrawn overnightA new Central Board of Secondary Education language policy will require students entering Class IX from the 2026–27 academic year to study ...
North Carolina sues Vietnam's VinFast over delayed EV projectNorth Carolina has sued Vietnamese EV maker VinFast for failing to meet its commitments to build a factory. The company has abandoned the s...
Flex office: As GCCs boom, Table Space is betting big on managed workspacesAs India’s GCC ecosystem expands rapidly, enterprise managed workspace providers are emerging as critical enablers of global firms entering...
Paying thousands extra has become the only way forward for many US visa applicantsPremium processing has become a necessity for many US immigration applicants due to escalating delays in standard visa and employment autho...
Rs 40,00,00,000 to retire in India? Dezerv's co-founder's statement leaves internet shocked, netizens call it 'mind boggling'A wealth management co-founder's assertion that Indians need ₹40 crore to retire at 60 if their expenses are up to Rs 2 lakh has sparked de...
US stocks today: Oracle, CoreWeave lead AI selloff on OpenAI growth concernsShares of AI companies fell on Tuesday. OpenAI reportedly missed user and revenue goals. This has sparked worries about its ability to fund...
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 ...
Future Enterprises defaults on Rs 1.07 crore interest payment for NCDsThe debt-ridden Future Group has been facing three petitions filed by its operational creditors before the National Company Law Tribunal (N...
Three Future Group cos report payment defaultsThe principal amount includes -- Rs 3.27 crore term loan, Rs 72.25 crore for a working capital term loan, Rs 51.46 crore for funded interes...
Future Enterprises defaults on Rs 1.41 crore interest payment for NCDs"The Company is unable to service its obligations in respect of the interest on Non-Convertible Debentures...," it added.
Future Enterprises defaults on Rs 29.33 cr interest payment for NCDs, third default of this monthOn April 12, FEL had informed the exchanges about default on payment of Rs 9.10 crore interest on NCDs and Rs 1.22 crore on April 15. The l...
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...