News for 'Future Group'

Don't expect India-Pak ties to improve soon: Javed Akhtar

Don't expect India-Pak ties to improve soon: Javed Akhtar

Rediff.com31 May 2025

Akhtar criticised vested interest groups in Pakistan, particularly the army, the political establishment and the extreme right wing, for blocking peace efforts between the two nations.

Future's poor FY21 results could spell trouble for Biyani

Future's poor FY21 results could spell trouble for Biyani

Rediff.com7 Aug 2021

For the fiscal ended 2021, the group has made a loss of Rs 5,943 crore on sales of Rs 11,723 crore, a drop of 66 per cent over fiscal 2020. The group's total debt was up by 7 per cent to Rs 20,742 crore.

Indian astronaut Shukla's Axiom-4 mission to ISS to take off on June 10

Indian astronaut Shukla's Axiom-4 mission to ISS to take off on June 10

Rediff.com3 Jun 2025

Shukla will be the second Indian to travel to space four decades after Rakesh Sharma's iconic spaceflight onboard Russia's Soyuz spacecraft in 1984.

Israel is 'very, very close' to achieving goals in Iran: Netanyahu

Israel is 'very, very close' to achieving goals in Iran: Netanyahu

Rediff.com23 Jun 2025

Asked about the whereabouts of Iran's 400 kilograms of 60-per-cent enriched uranium, Netanyahu claimed that Israel has "interesting intel" related to the issue.

Change of stance to neutral doesn't mean pause on rate cut: Economists

Change of stance to neutral doesn't mean pause on rate cut: Economists

Rediff.com18 Jun 2025

The change in stance to neutral from accommodative in the June monetary policy meeting does not necessarily signal that the Reserve Bank of India's (RBI's) rate setting body - monetary policy committee (MPC) - will go on a prolonged pause on rate cuts going forward, believe experts.

Home Deal: 'Fair Or Has My Builder Cheated Me?'

Home Deal: 'Fair Or Has My Builder Cheated Me?'

Rediff.com24 Jun 2025

rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries

Uddhav's leader threatens to blacken Rahul's face for...

Uddhav's leader threatens to blacken Rahul's face for...

Rediff.com28 May 2025

A local Shiv Sena (UBT) leader has threatened to blacken Rahul Gandhi's face for his remarks about freedom fighter Vinayak Damodar Savarkar, sparking a strong reaction from Congress leaders in Maharashtra. The threat, made by Bala Darade, a deputy city unit chief of the Uddhav Thackeray-led party in Nashik, could put the opposition alliance Maha Vikas Aghadi (MVA) under strain. The Congress leadership has condemned the threat, stating that their party believes in non-violence but is capable of responding to such threats.

'Mother-In-Law Is Trying To Break Our Marriage'

'Mother-In-Law Is Trying To Break Our Marriage'

Rediff.com23 Jun 2025

Emotional abuse and threats to life or marriage are not only morally wrong, they can be legally challenged, counsels rediffGURU Kanchan Rai.

Will Technical Tweak Help Pant Flourish in England?

Will Technical Tweak Help Pant Flourish in England?

Rediff.com18 Jun 2025

Team India vice-captain Rishabh Pant on Wednesday said that he has effected a slight change to his stance -- from open in white ball formats to more side on in Test cricket to meet the demands of the swing-friendly England conditions.

When Raj And Uddhav Met Each Other

When Raj And Uddhav Met Each Other

Rediff.com5 Jul 2025

'If Uddhav bhau and Raj bhau come together, who can stop us?' Prasanna D Zore reports on the fervour and hope set off by the Thackeray cousins coming together.

'Your Tax Liability Will Be 0, But...'

'Your Tax Liability Will Be 0, But...'

Rediff.com8 Jul 2025

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

India must be part of G7 discussions: Canadian PM

India must be part of G7 discussions: Canadian PM

Rediff.com7 Jun 2025

India is the fifth largest economy in the world and it is central to a number of critical global supply chains, Canadian Prime Minister Mark Carney has said, arguing that the leadership of the country must be part of discussions at the upcoming G7 summit.

Will Marathi Unite Thackeray Cousins?

Will Marathi Unite Thackeray Cousins?

Rediff.com5 Jul 2025

'Let's see how this love story shapes up in the run up to the municipal corporation election.'

Shubhanshu Shukla to dock at ISS on June 11 after 28-hr flight

Shubhanshu Shukla to dock at ISS on June 11 after 28-hr flight

Rediff.com7 Jun 2025

Indian astronaut Shubhanshu Shukla and three others are set to embark on the Axiom Space's fourth human spaceflight from National Aeronautics and Space Administration's (NASA) Kennedy Space Centre in Florida on June 10 and are likely to dock at the International Space Station on June 11 at about 10 pm IST, after a nearly 28-hour journey.

Future Retail shuts Big Bazaar as RIL plans takeover

Future Retail shuts Big Bazaar as RIL plans takeover

Rediff.com28 Feb 2022

Future Retail has shut most of its Big Bazaar stores since February 25 (Friday) and its website is also down as it missed lease payments to Reliance Industries (RIL). RIL will open most of the 200 Future Retail stores as Reliance stores in the next week and it is in the process of taking stock, re-branding, and transferring 30,000 Future Retail and Future Lifestyle employees on to the rolls of its manpower and staffing firm Reliance SMSL, according to a source. The first tranche of stores are set to be opened as early as in the next two days.

Dr Reddy's faces Revlimid cliff, analysts split on future growth prospects

Dr Reddy's faces Revlimid cliff, analysts split on future growth prospects

Rediff.com26 Jan 2025

Dr Reddy's Laboratories (DRL) share price plunged 6.66 per cent to Rs 1,203.50 per share on the NSE during Friday after analysts remained cautious on the company's Q3 performance and differed on its growth outlook. DRL's Q3 performance was viewed as subdued by some analysts when they adjusted it for one-time grants and incomes that the company received during the quarter.

Approval for Amazon-Future Coupons deal suspended

Approval for Amazon-Future Coupons deal suspended

Rediff.com17 Dec 2021

In a significant development, the Competition Commission of India (CCI) on Friday suspended its more than two-year-old approval for Amazon's deal to acquire stake in Future Coupons Pvt Ltd and also imposed a Rs 202 crore penalty on the e-commerce major for certain contraventions. This comes amid a bitter legal battle between Amazon and Future Group over the latter's proposed Rs 24,713 crore-deal with Reliance Retail Ventures Ltd (RRVL). Against this backdrop, Future Group had complained to the CCI.

'No project completed on time', IAF chief uses Salman Khan's dialogue

'No project completed on time', IAF chief uses Salman Khan's dialogue

Rediff.com29 May 2025

Chief of Air Staff Air Chief Marshal A P Singh on Thursday flagged serious concerns over inordinate delays in various defence acquisition projects and failure to stick to delivery schedules for supply of key platforms even as he hailed Operation Sindoor as a 'national victory'.

'Operation Sindoor Was A Dream Operation'

'Operation Sindoor Was A Dream Operation'

Rediff.com23 May 2025

'The precision strikes were well planned and excellently executed. The world will be studying this operation.'

Goa temple tragedy was 'entirely preventable': Report

Goa temple tragedy was 'entirely preventable': Report

Rediff.com14 May 2025

A fact-finding committee appointed by the Goa government to investigate the May 3 stampede at a temple in North Goa district has concluded that the tragedy was 'entirely preventable'.

'Lost Rs 18L In Options Trading. HELP!'

'Lost Rs 18L In Options Trading. HELP!'

Rediff.com2 Jul 2025

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

Future bleak: Biyani defaults on Rs 19.16 crore loan repayment

Future bleak: Biyani defaults on Rs 19.16 crore loan repayment

Rediff.com30 Mar 2022

Future Enterprises Ltd (FEL) on Tuesday said it has defaulted on payment of Rs 19.16 crore to Punjab National Bank, Canara Bank and Union Bank of India under the one-time restructuring plan. This is the second default by FEL this month. The due date for payment of Rs 19.16 crore was March 28, FEL said in a regulatory filing.

Future Retail gets time till May 12 to file reply on insolvency plea

Future Retail gets time till May 12 to file reply on insolvency plea

Rediff.com28 Apr 2022

The National Company Law Tribunal (NCLT) on Thursday gave crisis-hit Future Retail Ltd (FRL) time till May 12 to submit its reply to the insolvency petition filed against the company by Bank of India. Last week, Bank of India had moved the tribunal seeking to initiate insolvency resolution proceedings against FRL, which has defaulted on loan repayments. The NCLT hearing on Thursday also came against the backdrop of Reliance calling off its proposed Rs 24,713 crore-deal with Future Group after secured creditors voted against it.

'China Will Keep Supplying Pakistan Weapons'

'China Will Keep Supplying Pakistan Weapons'

Rediff.com14 May 2025

'The lesson Beijing would have learned is that there is, cost-benefit wise, no better option than to keep the Pakistan military supplied with its most advanced armaments, certain that in hostilities with India these would be used for maximum effect.'

Flintoff's son part of Lions squad for India A series

Flintoff's son part of Lions squad for India A series

Rediff.com21 May 2025

Andrew Flintoff's 17-year-old son Rocky and fit-again pacer Chris Woakes were on Wednesday named in England Lions squad for the two four-day games against India A at home.

BOI drags Future Retail to insolvency tribunal NCLT

BOI drags Future Retail to insolvency tribunal NCLT

Rediff.com14 Apr 2022

Public sector lender Bank of India has moved to the National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Future Retail Ltd and a moratorium over the assets of the Kishore Biyani-led debt-ridden firm. Besides, Bank of India (BOI), the lead banker of a consortium of banks that lent money to Future Retail Ltd (FRL), also suggested the insolvency tribunal appoint Vijay Kumar V Iyer as the interim professional of the company. Meanwhile FRL, in a regulatory filing, said it has been served and received a copy of the petition and is in the "process of taking legal advice".

'This Isn't How A Crash Probe Should Work'

'This Isn't How A Crash Probe Should Work'

Rediff.com30 Jun 2025

'... when the process isn't transparent, people will naturally raise questions. 'The AAIB's own press release says they had the black boxes by June 16.' 'Why wasn't decoding initiated until the 24th? What were they waiting for?'

HUL MD's salary rises 3.7% to Rs 23 cr in FY25

HUL MD's salary rises 3.7% to Rs 23 cr in FY25

Rediff.com30 May 2025

HUL managing director Rohit Jawa's total remuneration in FY25 has witnessed an increase of 3.75 per cent to Rs 23.23 crore, according to the latest annual report of the FMCG major. Jawa's annual package included a salary of Rs 3.65 crore, allowances of Rs 11.45 crore, a bonus of Rs 3.78 crore and a perquisite long-term incentives of Rs 2.76 crore.

'Virat, Rohit massive losses, but India have...'

'Virat, Rohit massive losses, but India have...'

Rediff.com18 Jun 2025

England pacer Brydon Carse is expecting the transitioning Indian team to put up a strong fight in the five-match Test series despite the recent retirement of Virat Kohli and Rohit Sharma, thanks to their "huge depth".

HC dismisses Future's plea for termination of Amazon case

HC dismisses Future's plea for termination of Amazon case

Rediff.com4 Jan 2022

The Delhi high court on Tuesday dismissed the pleas moved by Future Group companies seeking a direction to the arbitration tribunal, which is adjudicating on Amazon's objections against their deal with Reliance, to take a decision on their application for the termination of the arbitration proceedings before moving any further. "Both the petitions are dismissed," said Justice Amit Bansal, who had reserved the order on the petitions filed by Future Coupons Private Limited (FCPL) and Future Retail Limited (FRL) on January 3. The judge said the orders would be uploaded on the website of the high court shortly.

'4 Terrorists Can't Take India To War'

'4 Terrorists Can't Take India To War'

Rediff.com16 May 2025

'That is why I'm extremely concerned when India says that every terrorist incident in future from Pakistan will be treated as an act of war.'

Manipur conflict: Two years on, thousands still wait to return home

Manipur conflict: Two years on, thousands still wait to return home

Rediff.com3 May 2025

Two years after ethnic violence erupted in Manipur, thousands of Internally Displaced Persons (IDPs) continue to live in overcrowded camps, struggling to rebuild their lives and facing an uncertain future. Despite the sacking of the Chief Minister and the imposition of President's rule, peace remains a distant hope. While hill-based Kukis demand a separate administration, Meiteis seek implementation of the National Register of Citizens (NRC) and deportation of those they consider illegal immigrants. The IDPs, grappling with severe psychological distress, feel forgotten by the government and are forced to depend on the mercy of others for basic needs.

AFC Qualifier: Wasteful India suffer shock defeat

AFC Qualifier: Wasteful India suffer shock defeat

Rediff.com10 Jun 2025

India go down 0-1 to Hong Kong in crucial 2027 Asian Cup Qualifier match

Marquez says being realistic key to win in Hong Kong

Marquez says being realistic key to win in Hong Kong

Rediff.com20 May 2025

'We need to be aware that we have a difficult game in Hong Kong. We have time to prepare, to be competitive and try to win and get the three points.'

Kashmiri shawl sellers assaulted in Mussoorie, sparks outrage

Kashmiri shawl sellers assaulted in Mussoorie, sparks outrage

Rediff.com30 Apr 2025

Three men have been arrested in Mussoorie after a video went viral showing them assaulting two Kashmiri shawl vendors. The incident sparked outrage and led to the return of 16 Kashmiri shawl vendors to the Kashmir valley.

Beach Kabaddi Aims To Make A Splash at KIBG 2025

Beach Kabaddi Aims To Make A Splash at KIBG 2025

Rediff.com20 May 2025

Beach kabaddi is considered more challenging than the mat-based kabaddi, primarily due to the elements.

Dhoni Inducted Into ICC Hall Of Fame

Dhoni Inducted Into ICC Hall Of Fame

Rediff.com10 Jun 2025

"With 17,266 international runs, 829 dismissals and 538 matches across formats for India, Dhoni's numbers reflect not just excellence but extraordinary consistency, fitness and longevity," it said.

How to Choose the Right Maternity Cover

How to Choose the Right Maternity Cover

Rediff.com19 Jun 2025

Maternity expenses can be high, with the costs covering everything from prenatal visits to the hospital delivery charges and post-natal care but choosing the right maternity cover can help overcome these issues, says Bhaskar Nerurkar

India rubbing US wrong way by buying Russian arms: Lutnick

India rubbing US wrong way by buying Russian arms: Lutnick

Rediff.com3 Jun 2025

"For instance, you generally buy your military gear from Russia. That's a way to kind of get under the skin of America, if you go to buy your armaments from Russia."

BSF targeted 76 Pak posts, 42 FDLs, destroyed three terror launch pads

BSF targeted 76 Pak posts, 42 FDLs, destroyed three terror launch pads

Rediff.com27 May 2025

The Border Security Force (BSF) launched "Operation Sindoor" in retaliation to unprovoked firing and shelling by Pakistani Rangers along the International Border (IB) in Jammu. BSF troops destroyed three terrorist launch pads and targeted 76 Pakistani border outposts and 42 forward defence locations. The BSF action came after Pakistan launched heavy firing and shelling on 60 Indian posts and 49 forward positions, reportedly providing cover for an attempted infiltration by 40-50 terrorists.