Future

(FLFL) on Saturday said its consolidated net loss narrowed to Rs 135.96 crore in the April-June quarter of FY23. The company had posted a net loss of Rs 348.08 crore in the corresponding quarter a year ago, said FLFL, the fashion and…

Creditors of Future Retail Ltd have submitted claims worth Rs 21,324.18 crore against the debt-ridden company presently facing an insolvency resolution process. The financial creditors of the companies, which mainly include banks and…

Future Retail’s interim resolution professional has admitted Rs 17,511 crore claims from 28 financial creditors, including overseas bondholders, banks and domestic bondholders, according to a disclosure on the company website on Monday.…

In Aeon magazine, Hales wrote, “Luck might not be a genuine quality of the world at all.” Fine. But neither is beauty or justice. At the same time, the Bloomsburg researchers discovered “a significant positive correlation” between…

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.…

(BoI) has set an ambitious Rs 2,500 crore quarterly recovery target for the current fiscal year as the public sector bank looks to expand after years of stagnation. CEO AK Das said he expects the loan book to grow in double digit this…

Debt-ridden (FEL) has defaulted on interest payment of Rs 4.10 crore for its non-convertible debentures. The due date for payment was June 24, 2022, FEL said in a regulatory filing. "The Company is unable to service its obligations in…