Future Retail

Future of Future Retail seems bleak: Bankruptcy is Inevitable After Reliance Dumps The Deal?

If you are among the ones that have anything to do with Future Group, the latest development, and its reciprocal impact may disappoint you to a great extent. The future of Future Group seems bleak and the bankruptcy seems...

Future Retail Can’t Sell Its Assets To Reliance Retail: Singapore Tribunal

In a double victory for Amazon, the Singapore International Arbitration Centre (SIAC) has denied Future Retail's appeal to lift the temporary suspension of its Rs 24,700-crore deal to sell its assets to Reliance Retail, the Indian retail giant that is part of...

Amazon Bailout Plan For Future Retail: As Lucrative As Reliance?

The Amazon-Future-Retail saga has been unfolding with an interesting turn of tails with each passing week. After crushing hopes for Reliance to acquire Future Retail in the Supreme Court of India, Amazon is now gearing up to bring Future...

Amazon Has The Last Laugh: The Future Of Future Group Is Bleak!

The year long court battle between Amazon and Future Group over Reliance being the new owner of the latter ends with a verdict that neither Kishore Biyani nor Mukesh Amabni ever imagined. Amazon.com Inc. has been awarded a major...

Future Retail Wants to Fast Track Deal With Reliance: Writes To SEBI For Clearance!

Tired of being stuck between rock and a hard place, Future Retail wants to fast track their deal with Reliance Retail. The Kishore Biyani owned retail enterprise recently wrote to the Securities and Exchange Board of India aka SEBI to...
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Meta Q1 2024: Jaw-Dropping Surge in Revenue and Net Profit, But Reality Labs Burning Billions

Meta Platforms, Inc. (NASDAQ: META) has unveiled its financial results for the first quarter of 2024 and it is...
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