future retail
9 ARTICLES
Banks passing the parcel in Future Retail
The struggling retailer’s directors have been accused of causing a massive loss to its lenders, but the banks also seem to have conveniently dragged their feet on the matter.
16 Mar 2023
Reliance’s Future gamble blows up in its face
With its deal to acquire Future Retail called off, Reliance is stuck with empty stores, freshly hired personnel, over Rs 3,000 crore in liabilities and shattered dreams.
25 Apr 2022
Banks get taken for a ride in FRL-Reliance deal + TruJet’s days are numbered
Lenders’ hopes of recovering their dues get hit for a six with Reliance taking control of over 900 stores + Lessors begin taking back aircraft from Hyderabad-based TruJet.
21 Apr 2022
Reliance pulls a fast one on Amazon + unpacking the mystery of cash
The Mukesh Ambani-run company begins taking over Future’s stores though the courts are yet to decide and a slowing economy does little to stem money supply.
03 Mar 2022
This big fight will decide who is India’s retail raja
Amazon vs Future will determine whether the e-commerce giant or Reliance gets to dominate the fast-growing organized retail space.
26 Nov 2020
Amazon joins list of foreign firms that got suckered
Passed over by Future Group in favour of Reliance Retail, the e-commerce giant comes face to face with the perils of doing business in India.
16 Oct 2020
