Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Future Retail RP files for liquidation in NCLT
Mint Mumbai
|November 11, 2023
The resolution professional (RP) of Future Retail Ltd (FRL) on Friday filed for liquidation, marking an inglorious end for the company that once led India’s retail revolution.
On 30 September, creditors had rejected a resolution plan submitted by sole bidder Space Mantra Pvt. Ltd.
A Press Trust of India report at the time pegged the bid at ₹550 crore, adding it was close to the company’s liquidation value.
“…the resolution professional has filed an application before the National Company Law Tribunal (NCLT), Mumbai bench, for initiation of liquidation of FRL under Section 33 of the Insolvency and Bankruptcy Code, 2016 on 9 November," the company said in a statement to the stock exchanges.
Dit verhaal komt uit de November 11, 2023-editie van Mint Mumbai.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint Mumbai
Mint Mumbai
Listing-shy Tata Sons can't escape RBI's public funds net
A clarification by the Reserve Bank of India (RBI) has undercut Tata Sons’ attempt to distance itself from public funds, potentially retaining it in the upper layer of non-bank financial companies (NBFCs), a category that entails tighter regulation and a mandatory listing requirement.
2 mins
May 01, 2026
Mint Mumbai
Delhi HC orders status quo on Sunjay Kapur's assets
The court order did not cover the industrialist’s immovable properties abroad
1 mins
May 01, 2026
Mint Mumbai
Govt pushes doctor fee transparency
Centre plans to mandate that doctors and specialists display their consultation fees in English and regional languages, along with their qualifications and registration numbers, according to two government officials and documents reviewed by Mint.
1 mins
May 01, 2026
Mint Mumbai
Silver rallies ₹7,100 in May futures trade
Silver prices surged by ₹7,100 to ₹2.4 lakh per kg in futures trade on Thursday amid firm trends in the international markets after the US Federal Reserve kept its benchmark interest rates unchanged.
1 min
May 01, 2026
Mint Mumbai
InvITs: A HYBRID OPTION OFFERING INCOME STABILITY AND EQUITY-LIKE GROWTH
Your investment portfolio typically comprises instruments placed at different points on the risk-return spectrum, depending on your goals and risk appetite.
3 mins
May 01, 2026
Mint Mumbai
Bagmane Reit eyes acquisitions, bets on GCC demand
Blackstone-backed Bagmane Prime Office Reit, which is set to launch its ₹3,405-crore initial public offering (IPO) next week, expects strong leasing momentum led by global capability centres (GCCs) as it looks to acquire assets and grow its portfolio, CEO Richard Hugh Andrew said.
1 mins
May 01, 2026
Mint Mumbai
JSW One acquires BuildNext
PO-bound JSW
1 min
May 01, 2026
Mint Mumbai
'FY26 FDI inflows may top $90 billion amid mfg push'
Ongoing reform measures, progress on FTAs aiding sustained FII inflows: DPIIT secretary
2 mins
May 01, 2026
Mint Mumbai
BSNL targets Arpu jump to ₹150 amid growth concerns
Bharat Sanchar Nigam Ltd (BSNL) has set an ambitious target of increasing its average revenue per user (Arpu) by almost 50% to ₹150 in the current fiscal year.
2 mins
May 01, 2026
Mint Mumbai
Don’t rush to replicate HUL’s network of influencers
That Hindustan Unilever Ltd (HUL) has a network of 300,000 'influencers' at work for its marketing department, as declared in April by Unilever CEO Fernando Fernandez, has quickly become a Power Point talisman.
3 mins
May 01, 2026
Translate
Change font size