Future Retail Q3 results: Reports net loss of Rs 847 cr; revenue falls 71% to Rs 1,507 cr

Future Retail Q3 results: Reports net loss of Rs 847 cr; revenue falls 71% to Rs 1,507 cr

NEW DELHI: Future Retail Ltd on Tuesday reported a consolidated net loss of Rs 846.92 crore for the third quarter ended on December 2020 as business operations continued to be impacted by the pandemic during the quarter. The company had posted a net profit of Rs 164.56 crore in the October-December quarter a year ago, … Read more

Kishore Biyani moves SAT against Sebi order banning him from capital market

Kishore Biyani moves SAT against Sebi order banning him from capital market

Future Group founder Kishore Biyani, his brother Anil Biyani and Future Corporate Resources Limited (FCRL) have moved the Securities Appellate Tribunal (SAT) against the Sebi order banning them from the capital market for one year. On February 3, the Securities and Exchange Board of India (Sebi) had banned the Biyani bothers and FCRL from accessing … Read more