Amazon moves Supreme Court against Future Group shareholders’ meet

American retail giant Amazon has moved the Supreme Court, appealing against a National Company Law Tribunal (NCLT) order that had allowed the Future Group’s listed companies to hold shareholders’ and creditors’ meetings to clear its proposed transaction with Reliance Retail Ventures. In its application, Amazon has urged the Supreme Court to pass an order to … Read more

Future Retail mutually terminates agreement with 7-Eleven

Future Retail had signed the Master Franchise Agreement with 7-Eleven in February 2019 to develop and operate 7-Eleven stores within India. However, given Future group’s struggle over the last few years nothing material could be done and plans remained on paper. Future Group’s merger with Reliance Retail is also saddled with legal complications initiated by … Read more

Dmart – finally, I am turning cautious !

Since its IPO in March 2017, Dmart share price has increased to more than 400% currently. Company continues to remain fundamentally strong on most parameters. However, there is something else that is changing…..