Future Retail

NEW DELHI: The Nifty IT index closed on a negative note on Friday. Shares of L&T Technology(up 0.58 per cent) ended the day as top gainers in the pack. On the other hand, Mindtree(down 2.44 per cent), MPhasis(down 2.1 per cent),…

NEW DELHI: The Nifty Auto index closed on a negative note on Thursday. Shares of Bharat Forge(up 2.97 per cent), Bosch(up 1.12 per cent), Eicher Motors(up 0.69 per cent), Hero MotoCorp(up 0.35 per cent) and Balkrishna Industries(up 0.23…

Lenders led by have appointed BDO India to conduct a forensic audit of (FRL), which is facing insolvency proceedings, said two people with knowledge of the matter. Kishore Biyani-led Future Retail had attempted to stave off bankruptcy…

NEW DELHI: The Nifty Realty index closed on a positive note on Friday. Shares of Macrotech Developers(up 2.82 per cent), Phoenix Mills(up 1.49 per cent), Indiabulls Real Estate(up 0.77 per cent), Prestige Estates Projects(up 0.64 per…

NEW DELHI: The Nifty Pharma index closed on a negative note on Friday. Shares of Lupin(up 1.23 per cent), Divis Laboratories(up 0.62 per cent), Granules India(up 0.47 per cent), Laurus(up 0.23 per cent) and Dr Reddys Laboratories(up…

NEW DELHI: The Nifty Bank index closed on a negative note on Thursday. Shares of AU Small Finance Bank(up 4.43 per cent) ended the day as top gainers in the pack. On the other hand, Bank of Baroda(down 2.02 per cent), Bandhan Bank(down…

New Delhi: Three listed Future group firms will file their claims before the Interim Resolution Professional (IRP) of (FRL), against which insolvency proceeding has been initiated by NCLT earlier this week. The three companies -- , and…

NEW DELHI: The Nifty Realty index closed on a positive note on Friday. Shares of Phoenix Mills(up 2.79 per cent), Brigade Enterprises(up 1.38 per cent), Macrotech Developers(up 0.92 per cent), Indiabulls Real Estate(up 0.7 per cent) and…

MUMBAI: The National Company Law Tribunal (NCLT) on Wednesday admitted Bank of India's plea to initiate insolvency resolution proceedings against debt-ridden Future Retail Ltd (FRL). The tribunal rejected Amazon's objection to initiating…

The government-promoted National Asset Reconstruction Company (NARCL) has offered to acquire 17 distressed companies, including five Future group companies and two Srei accounts, from lenders, two people aware of the development said.…