ADVERTISEMENT
Deal With Reliance Retail In Limbo, Future Group Lenders Mull Insolvency Filing
As its deal with Reliance Retail faces further delays, could Future Group entities be staring at insolvency?
10 Aug 2021, 08:08 AM IST
As a proposed deal between Reliance Industries Ltd. and Kishore Biyani's Future Group remains entangled in legal hurdles, lenders are beginning to discuss whether the company will need to be referred to insolvency resolution. More so as several Future Group entities continue to face severe operational and financial difficulties.According to three people in the know, if the sale of Future Group's retail assets to Mukesh Ambani-led Rel...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Members-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
Stories
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Members-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT