Future Retail heads for liquidation as lenders fail to get suitable buyer
Future Retail, once the crown jewel of Kishore Biyani-led Future Group, is now heading for liquidation as its lenders
Continue readingThe Number One Finance & Business Blog!
Future Retail, once the crown jewel of Kishore Biyani-led Future Group, is now heading for liquidation as its lenders
Continue readingGrounded Indian airline Go First has received an expression of interest (EoI) from Jindal Power Ltd, two banking sources
Continue readingBudget carrier SpiceJet and aircraft lessor Celestial Aviation are working towards settlement, which is in the advanced stage, insolvency
Continue readingDebt-ridden engineering, procurement and construction company Punj Lloyd, which is facing liquidation, has again failed to attract any buyer
Continue readingThe National Company Law Appellate Tribunal (NCLAT) on Thursday dismissed a petition against the NCLT order allowing the initiation
Continue readingThe Resolution Professional (RP) of Future Retail Ltd (FRL) has filed an application before the NCLT against Kishore Biyani,
Continue readingAn advertisement in a newspaper, on Monday, showed that a resolution official appointed to oversee the bankruptcy process of Go
Continue readingThe Indian lenders asked Space Mantra, the highest bidder for Future Retail, to further sweeten his offer at Rs. 550
Continue readingThe professional decision called for Future Enterprises to express interest to resolve it, and the deadline for such requests is
Continue readingThe deadline for receiving interest is set for June 25 and the provisional list will be issued on July 5.
Continue reading