News for 'Future Group'

35, No Savings: How You Can Save, Invest

35, No Savings: How You Can Save, Invest

Rediff.com29 Jul 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Astronaut Shukla Taking Gajar Halwa To Space

Astronaut Shukla Taking Gajar Halwa To Space

Rediff.com4 Jun 2025

'I carry the hopes and dreams of over a billion hearts.'

'It was right to honour Bumrah's call to play 3 Tests'

'It was right to honour Bumrah's call to play 3 Tests'

Rediff.com1 Aug 2025

Jasprit Bumrah had made himself available for three of the five Tests in England and the Indian team management felt it was right to honour the star pacer's call considering his workload, said assistant coach Ryan ten Doeschate.

'Will never compromise...': Modi's big remark amid Trump tariffs

'Will never compromise...': Modi's big remark amid Trump tariffs

Rediff.com7 Aug 2025

Prime Minister Narendra Modi on Friday said India will never compromise the interests of its farmers, fishermen and dairy farmers, asserting that he would be ready to pay any price.

CAPE Fear: History Suggests Rich Valuations Precede Sharp Pullbacks

CAPE Fear: History Suggests Rich Valuations Precede Sharp Pullbacks

Rediff.com2 Jul 2025

Valuations at current levels have historically corresponded single-digit returns.

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.

Heard About Long-Short Funds?

Heard About Long-Short Funds?

Rediff.com31 Jul 2025

'Long-short SIFs are designed for seasoned, high-risk, high-reward investors, who understand market volatility.'

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.

Tibet issue 'thorn' in ties with India, says China

Tibet issue 'thorn' in ties with India, says China

Rediff.com14 Jul 2025

China has called Tibet-related issues a 'thorn' in India-China bilateral relations and a 'burden' for New Delhi, ahead of External Affairs Minister S Jaishankar's visit to China.

Auto industry turns on heat over ICE ban, wants ban deferred

Auto industry turns on heat over ICE ban, wants ban deferred

Rediff.com18 Jul 2025

Siam argues that a 2040 ban could destabilise ongoing and future investments and threaten millions of jobs in the automotive value chain.

'Trump frustrated with India trade talks, feels 25% tariff will fix issues'

'Trump frustrated with India trade talks, feels 25% tariff will fix issues'

Rediff.com31 Jul 2025

US President Donald Trump expresses frustration with the lack of progress in trade talks with India, imposing a 25% tariff. The move comes amid concerns over trade deficits and India's reliance on Russian military equipment and energy.

'Gill must define what sort of team he wants India to be'

'Gill must define what sort of team he wants India to be'

Rediff.com19 Jul 2025

Former Australia captain Greg Chappell believes Shubman Gill has displayed greatness with the bat and shown glimpses of his potential as a young captain.

'Coming Election Is Very Crucial For Congress'

'Coming Election Is Very Crucial For Congress'

Rediff.com16 Aug 2025

'We can't afford to fight each other.' 'We have to win the 2026 election.'

PCB boss summons Kirsten; deliberates Babar's future

PCB boss summons Kirsten; deliberates Babar's future

Rediff.com8 Jul 2024

Pakistan Cricket Board (PCB) chairman Mohsin Naqvi summoned white-ball head coach Gary Kirsten to talk about the team's future

10 Tips To Get A Job Before You Graduate

10 Tips To Get A Job Before You Graduate

Rediff.com1 Jul 2025

rediffGURU Pradeep Pramanik, career coach, placement consultant and director of Fast Track Career Consultants, shares useful tips to land your dream job while you're still in college.

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.

Quad's Mineral Mission: PM Eyes Latin American Deals

Quad's Mineral Mission: PM Eyes Latin American Deals

Rediff.com3 Jul 2025

Increasing cooperation in critical minerals will top Prime Minister Modi's agenda during his discussions with leaders of Ghana, Argentinia, Brazil and Namibia.

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".

How To Tackle Credit Card Debt

How To Tackle Credit Card Debt

Rediff.com12 Aug 2025

'Revolving credit without full repayment causes interest to outpace repayment capacity, and leads to financial distress.'

Shukla set to return: Here's what Axiom-4 crew is bringing back from space

Shukla set to return: Here's what Axiom-4 crew is bringing back from space

Rediff.com12 Jul 2025

Astronaut Shubhanshu Shukla and the Axiom-4 crew are completing experiments on the International Space Station (ISS) before their scheduled return to Earth.

'A star is born'

'A star is born'

Rediff.com29 Jul 2025

'She is now a role model for the upcoming young generation. And I am sure that this victory will definitely motivate and inspire the Indian women, and those who are coming up.'

India joins Quad allies in first-ever maritime mission

India joins Quad allies in first-ever maritime mission

Rediff.com1 Jul 2025

The coast guards of India, Japan, the US and Australia have launched the first-ever "Quad-at-sea" mission to boost operational coordination and interoperability in the Indo-Pacific.

Astronaut Shubhanshu Shukla, other crew members to return on July 14

Astronaut Shubhanshu Shukla, other crew members to return on July 14

Rediff.com11 Jul 2025

Astronaut Shubhanshu Shukla and the Axiom-4 mission crew are scheduled to return to Earth from the International Space Station on July 14, according to NASA.

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.

How AI is shaping the future of fashion e-commerce

How AI is shaping the future of fashion e-commerce

Rediff.com17 Dec 2024

'We have reached 70 million monthly active users during this festival season, which is another great milestone for us.'

India among top fintech hotspots globally: WEF study

India among top fintech hotspots globally: WEF study

Rediff.com25 Jun 2025

A new global study on Wednesday listed India among the top fintech hotspots alongside the US and the UK. The World Economic Forum study, released at its Annual Meeting of New Champions in China's Tianjin, also said the fintech sector growth is stabilising amid strengthening profitability and inclusion.

How Kerala Aims to Be India's First Poverty Free State

How Kerala Aims to Be India's First Poverty Free State

Rediff.com14 Jul 2025

Despite facing financial constraints, Kerala has been able to invest in welfare schemes and targeted programmes.

Russia's Rosneft in early talks with Reliance to sell stake in India unit

Russia's Rosneft in early talks with Reliance to sell stake in India unit

Rediff.com29 Jun 2025

Russian oil giant PJSC Rosneft Oil Company is in early talks with Reliance Industries for sale of its 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake state-owned Indian Oil Corporation (IOC) to become India's No.1 oil refiner as well as give a meaningful presence in the fuel marketing space.

Flipkart CEO Krishnamurthy signals strong growth amid India IPO plans

Flipkart CEO Krishnamurthy signals strong growth amid India IPO plans

Rediff.com27 May 2025

Flipkart Group Chief Executive Kalyan Krishnamurthy on Monday said the firm was advancing preparations for a potential initial public offering (IPO) in India, which included shifting its holding company to India from Singapore. Speaking at an internal town hall, Krishnamurthy said the company's leadership structure is strengthening and that the steps toward relocating Flipkart's legal base to India are progressing as planned, according to people familiar with the matter.

'No fear': Amarnath pilgrims opt for Pahalgam route

'No fear': Amarnath pilgrims opt for Pahalgam route

Rediff.com30 Jun 2025

Defying apprehensions of the horrific April 22 terror Pahalgam attack casting a shadow on the Amarnath Yatra this year, hundreds of pilgrims from various parts of the country lined up at the registration centre in Jammu on the first day.

India-origin Sabih Khan appointed new COO of Apple

India-origin Sabih Khan appointed new COO of Apple

Rediff.com9 Jul 2025

Apple Inc has named India-origin Sabih Khan as its new Chief Operating Officer (COO), marking a key move in its long-planned leadership transition. Khan, 58, who has been with Apple for 30 years and is currently the senior vice president of operations, will succeed Jeff Williams later this month, the iPhone maker said in a statement.

India's imports of Russian oil under spotlight after Trump tariffs

India's imports of Russian oil under spotlight after Trump tariffs

Rediff.com31 Jul 2025

From just 0.2 per cent before the Russia-Ukraine war to now accounting for 35-40 per cent of total crude imports, India's reliance on Russian oil has surged -- drawing fresh scrutiny with US President Donald Trump announcing a penalty on top of a 25 per cent tariff, or tax, on all goods going to the US.

Dalai Lama rings in 90th birthday amid succession buzz

Dalai Lama rings in 90th birthday amid succession buzz

Rediff.com6 Jul 2025

A heavy rain Sunday morning did little to dispirit the thousands who gathered in the main courtyard of Tsuglagkhang, the Dalai Lama temple, to observe the 90th birth anniversary of the 14th Dalai Lama.

'FIIs Looking For Consistency In Regulatory Actions'

'FIIs Looking For Consistency In Regulatory Actions'

Rediff.com30 Jul 2025

'As long as Sebi maintains transparency and market stability, the Jane Street episode is unlikely to deter long-term foreign capital.'

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