Future Consumer gets nod for consolidation of investments

Future Consumer has received an approval for consolidation of investments held by the company in few downstream entities, into a wholly owned subsidiary (WOS) of the company, by way of transfer of the respective shareholding of the company to the WOS at fair market value, subject to such further consents and approvals that may be … Read more

Sterlite Tech leverages Red Hat technology to enable programmable networks of future

Sterlite Technologies will develop and deliver software-enabled programmable solutions using Red Hat’s portfolio of open, enterprise-grade technologies. The solutions will enable communication service providers, enterprises and citizen networks to realise the full potential of web-scale Network Function Virtualisation Infrastructure (NFVI) platform, for their network automation and Software Defined Network (SDN) initiatives. Given the volume and … Read more

Future Consumer raises funds worth Rs 50 crore via NCDs

Future Consumer has raised funds worth Rs 50 crore. The Committee of Directors of the Board of Directors of the company has on October 12, 2018, allotted 500 Senior, Secured, Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each for cash at par to CDC Emerging Markets, an arm of CDC Group plc, UK’s … Read more

Future Group enters into MoU with Vardhman Group

Future Group has entered into a memorandum of understanding (MoU) with the Vardhman Group to co-develop products for its apparel business. This strategic partnership will enable the group to make quality fashion more affordable. Future Group is India’s first and largest independent homegrown pure-play retail group. Future Group consists of 4 listed entities led by … Read more

Future Enterprises raises Rs 300 crore on private placement basis

Future Enterprises has raised Rs 300 crore through allotment of 1,200, 10.15% Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each (NCD Series XXIV-A) and 1,800, 10.15% Secured, Rated, Redeemable, Non-Convertible Debentures of Rs 10 lakh each (NCD Series XXIV-B) on private placement basis. The Committee of Directors of the company at their … Read more

BREAKING NEWS:
Sara Shines in Royal Look at Brother’s Mehndi Ceremony “UTS App shutting down March 1; switch to Railone!” Realme C83 5G launching in India on March 7!