INSOLVENCY
In Focus
Future Retail lenders reject Space Mantra’s bid; NCLT extends insolvency period for 15 days
PTI -
The Resolution Plan submitted by Space Mantra for Future Retail Ltd (FRL), failed to get the required number of votes in the e-voting process of the Committee of creditors (CoC)New Delhi: The lenders of Future Retail Ltd have rejected...
Big Grid
Kishore Biyani steps down as chairman of Future Retail
PTI -
Future Retail is facing CIRP (Corporate Insolvency Resolution Process) as a "result of unfortunate business situation", says BiyaniNew Delhi:Â Kishore Biyani has stepped down from the suspended board of Future Retail and has resigned as chairman and director of the...
Big Grid
NCLT admits insolvency plea against Future Supply Chain Solution
PTI -
Future group firm Future Supply Chain Solutions Ltd. in a regulatory filing said the Mumbai bench of National Company Law Tribunal has allowed the plea filed by DHL E-commerce (India) Pvt. Ltd., claiming defaultNew Delhi: The National Company Law...
Food
Ambani, Adani among 13 bidders for Future Retail
PTI -
Other entities that have submitted Expression of Interests (EOIs) include Boomidala Enterprises Pvt Ltd., Capri Global Holdings Pvt Ltd, Shalimar Corporation Ltd., Nalwa Steel & Power, United Biotech, WHSmith Travel, and United Biotech Pvt Ltd.New Delhi:Â Firms run by billionaires...
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Latest News
From vending machines to café chain: Roastea eyes 100 outlets in 5 years, Rs 350 crore in 3 years
Founded in 2019, the brand closed FY 2024 with revenue of approximately Rs 60 crore and aims to double...
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