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Future Consumer defaults on payment of Rs 133 crore towards debentures

Future Consumer Ltd. had defaulted on payment towards interest amount of Rs 32.97 crore and principal amount of Rs 100 croreNew Delhi: Future Consumer Ltd (FCL) has defaulted on the payment of Rs 132.97 crore towards payment of principal...

Future Enterprises defaults on Rs 1.07 crore interest payment for NCDs

The total amount of securities issued was Rs 23 crore and Future Enterprises has defaulted on this gross principal amountNew Delhi: Debt-ridden Future Enterprises Ltd (FEL) on Thursday said it has defaulted on payment of interest on non-convertible debentures of...

Central Bank reduces interest rates on retail loans

Central Bank of India, one of the largest public sector lenders in the country, Tuesday, said that it has reduced interest rates on retail loans.In an issued statement, the bank said that as a result of slow down in...

US retail sales rebound in July

US retail sales rebounded more than expected in July, providing a welcome boost to an economy concerned about ongoing woes in the mortgage market. In June, the retail sales unexpectedly dropped by 0.9 per cent, the biggest decline in...
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New Balance opens 2nd store in Pune

The latest New Balance store  is located at Phoenix Marketcity Mall, Viman Nagar, PuneBengaluru: US-based sports footwear and apparel...
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