India's retail king in BIG trouble
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India’s retail king in BIG trouble
Though Kishore Biyani is selling stakes in group companies to pay off debt, a significant share price crash since January this year is making his task difficult.
A combination of high cost funds from private equities (PE), promoters pledging stakes and falling share prices of listed entities have put the Future group in a crisis.
Though promoter Kishore Biyani is selling stakes in group companies to pay off debt, a significant share price crash since January this year is making his task difficult.
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Yes, yes immediately…
If the government forces people to pay full wages for the month of April 2020 then many big people would be in BIG BIG trouble.
But i have made an investment in March before lockdown, and deposit t & c says we can withdrew the amount after a period of six months.
Gaya bhai tu to…
yesterday share price of future retail is increased little bit.. but don’t know what will happen.
I had made 3 profit club cards , are they safe and redeemable ???
Don’t worry brother, future group are not going to close within 4-5 months. Amazon is also a stake holder in future group.
I have FD with them and their FinancialServices webpages are not working now
I have my lifetime investment in their FD
Wow Man Great Choice, You invested your lifetime savings in Future group, Now Future Group is having dark future so as you, but i hope you will get your money asap,
I have made an fixed deposit with future group , should I withdrew it?