Future Enterprises News

Indian Court Blocks Struggling Future Enterprises Sale of Stake in Insurer Generali

An Indian court has blocked Future Enterprises from selling its stake in its general insurance joint venture business with Italy’s Generali, following a legal challenge by a group representing bondholders, two sources familiar with the matter told Reuters. The court’s …

Generali to Raise Stake in Indian P/C Insurance Joint Venture to 74%

Generali has agreed to become the majority shareholder in both its property/casualty and life joint ventures in India. For the P/C business, Generali has agreed to acquire 25% of the shares of Future Generali India Insurance (FGII) from Future Enterprises …