File photo
New Delhi, April 1
Future Retail Ltd (FRL) on Friday said it has missed the due date for repayment of Rs 5,322.32 crore to lenders on account of the ongoing litigations with e-commerce major Amazon and other related issues. Last year, FRL had entered into a one-time restructuring scheme for Covid-hit companies with a consortium of banks and was under obligation to raise Rs 3,900 crore before March 31, 2022 by way of equity contribution. —
Join Whatsapp Channel of The Tribune for latest updates.
Most Read In 24 Hours
Don't Miss
View All
Top News
Arvind Kejriwal's personal secretary Bibhav Kumar, accused of assaulting AAP MP Swati Maliwal, detained
Delhi Police detain Bibhav Kumar from CM's residence
AAP releases new video showing Swati Maliwal walking out of Delhi CM Arvind Kejriwal's residence
In her FIR, Maliwal had alleged that she was assaulted by Bi...
Swati Maliwal has bruises over her left leg and her right cheek, says medical report
Medical report says Swati had a bruise of size of 3x2 cm ove...
9 burnt to death as bus carrying devotees from Punjab catches fire near Tauru in Haryana
Devotees were returning from pilgrimage to Mathura and Vrind...
Amid Swati Maliwal row, AAP MP Raghav Chadha arrives at Delhi CM Arvind Kejriwal’s residence
Chadha, a close aide of CM Kejriwal, had gone to the UK for ...
