The Adani group and Reliance Industries, conglomerates, India's top business are among the 15 entities that have submitted their expressions of interest (Eols) to acquire the assets of bankrupt Future Retail (FRL).
April Moon Retail, a joint venture between Adani Airport Holdings and promoters of the Flemingo group, Reliance Retail Ventures, and Dharampal Satyapal, a consumer product firm, are among the suitors, banking sources said. Capri Global Holdings, OP Jindal group's Nalwa Steel and Power, Shalimar Corporation, UV Multiple Asset Investment Trust's Special Situation Fund, and United Biotech had also sent in their Eols by November 3, the extended deadline for potential buyers to submit their documents.
Esta historia es de la edición November 11, 2022 de Business Standard.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición November 11, 2022 de Business Standard.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor? Conectar
Women share in urban salaried jobs at 6-yr low
The share of women employed in regular ☐ salaried jobs in urban India hit a fresh low in the January-March quarter (Q4) of 2023-24 (FY24).
NARAYANAN VAGHUL (1936-2024) 'Vaghul style of leadership created a factory of leaders'
RENUKA RAMNATH My first encounter with N Vaghul, was in 1986, when I joined ICICI as a junior officer on probation.
Gold loans still shining
Regulatory scrutiny of such lending is growing but it is unlikely to slow down business, reports RAGHU MOHAN
MIGRATION, PROMOTION, CONVERSATION
What lies ahead for the India-EFTA free-trade deal?
A higher interchange is critical for ATM business'
A decade after white-label ATM operators (WLAOS) came into play, only a shade more than 30,000 units have been set up by them.
Closure of old credit card can negatively impact credit score
If the card is old and expensive but not useful, downgrade it to a no-fee card
'Market assumes easy re-election for incumbent govt'
The recent spike in volatility, often observed preceding big events, is compounded by quarterly earnings and a renewed focus on China, according to PRATIK GUPTA, chief executive officer and co-head of Kotak Institutional Equities.
Valuation swell prompts balanced advantage funds to lower sails
ADJUSTING TO MARKET TIDES: Large BAFs trim net exposure to below 60%
Japan's stock market dawn: The new Land of Rising Equities
CLEAR SKIES AHEAD: Chris Wood of Jefferies spots promise in its bank stock breakout
USA Inc: Woke vs greed
It's been 14 years since Goldman Sachs was vilified as a \"vampire squid\" by Matt Taibbi in Rolling Stone.