Kishore Biyani withdraws resignation as Future Retail executive chairman
Biyani tendered his resignation from his position as the executive chairman of the company on January 23 this year.
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NCLAT upholds CCI’s ₹200 cr penalty on Amazon
CCI in December 2021 levied a ₹200 cr penalty on Amazon while suspending the Amazon-Future deal approved in 2019, saying Amazon deliberately failed to make full disclosures regarding the deal.
Future Enterprises sells 25% in general insurance JV; stock hits 5% lower circuit
Extending loss for the 10th straight session, Future Enterprises shares hit a 5% lower circuit to touch a 52-week low of ₹3.72 on the BSE.
Future Retail hits 5% lower circuit for 2nd day after MD resigns
Future Retail shares have been falling for the past nine sessions and dropped 36% during the same period.
Future group shares plummet up to 36% in 2 sessions after Reliance calls off deal
Future group companies hit their lower-price circuits for the second consecutive day as they failed to secure the ₹24,713 crore deal with RIL.
Reliance calls off ₹24,713 crore Future deal post creditors' rejection
Reliance says the secured creditors voted against RIL's scheme of the arrangement, and that the deal can't be implemented.
Future Group shares plunge as lenders reject ₹24,713 cr Reliance Retail deal
Kishore Biyani’s Future group shares plunged up to 12% after bankers to the debt-laden company rejected Reliance Retail’s proposed takeover bid.
Future Retail tanks 8%, alleges Reliance 'forcefully' took control of stores
Future Retail says Reliance Group has unilaterally terminated leases and forcefully taken over control of hundreds of its stores.
Future Retail shares dive 6% amid selling spree; but why...
Shares of Future Retail dropped 5.86% to hit a low of ₹45.8 on the BSE after it received termination notices for 947 stores, which it had sub-leased from the Reliance group.
Ambani hand-holds Biyani's Future to revival
The final award of the Singapore International Arbitration Centre (SIAC) in the Amazon petition is expected to decide the fate of the RIL-Future deal.
