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BQuick | Top 10 stories - Future Retail misses another bond payment - Indigo Paints IPO sees robust demand on final day - JSW steel's profit rises to highest in at least 10 quarters - Tata Motors hikes car prices Read more:
#JustIn | Future Retail missed interest payment on USD notes due to pandemic. Co has additional period of 30 days for payment. Co proposing to make payment within 30 days (From Agencies)
The RIL stock climbed by as much as 3.07 percent to Rs 2118.00 per share on the #BSE, while the scrip increased by 3.08 percent to Rs 2,118.00 per share on the #NSE The Future Retail shares were also locked on both exchanges in the 5% upper circuit. #Reliance #FutureGroup
[email protected]_India approved Future Group's scheme of arrangement and sale of assets to Reliance. Based on this, the @BSEIndia also granted its "no adverse observation" report to the deal @PeerzadaAbrar #FutureGroup #RelianceIndustries #Amazon #futureretail
Market regulator SEBI approves the deal worth ₹24,000 crores between Reliance Retail and Future Retail, but adds that its clearance is subject to the outcome of ongoing legal proceedings between Amazon & Future group. @blitzkreigm with more details.
Future Retail's dollar bond jumped and shares rose after a Mumbai-based stock exchange said it had no negative views on certain topics regarding Reliance's $3.4 billion acquisition
Shares of Future Retail and Future Enterprises rose nearly 5 per cent and hit upper circuit limits after Sebi cleared Future Group's proposed multi-billion dollar deal with Reliance Industries Ltd (RIL).
Armed with a stay appeal admitted by the Delhi High Court, Amazon has written a letter to SEBI requesting it not to issue a No Objection Certificate to the Future Retail-Reliance Industries deal and suspend the review immediately.