Adding a new twist to its ongoing spat with Future Group, e-commerce major Amazon has warned its promoters against sale of the company’s supply chain and logistics businesses to Reliance Industries (RIL) in a fresh transaction. In a letter addressed to Kishore Biyani and other family members who are classified as promoters, Amazon has said […]
Future Consumer, a part of the beleaguered Future Group, on Monday said it defaulted on payment of principal and interest amount of Rs 6.4 crore due on unlisted debt securities. The type of instruments included secured, redeemable and non-convertible debentures, and May 15 was the date of the default, the company said in a regulatory […]