Future Consumer Defaults On Rs 369.59 Cr In Loans In September Quarter
In the September quarter, Future Consumer (FCL) defaulted on the payment of Rs 369.59 crore in principal and interest on loans from banks, financial institutions, and unlisted debt securities. FCL, the Fast Moving Consumer Goods (FMCG) arm of the financially strained Future Group, reported a default of Rs 253.95 crore on loans and revolving facilities, […]