Future's stock plummets during its trading debut under new name
Future Retail (FURE.NS) shares have fallen as much as 42.8 percent Friday, first day in which the stock started trading after the retailer's fashion brands were banded up into a separate business unit. Late in 2012, Pantaloon Retail Ltd, and Future Ventures India (FVIL.NS) agreed to demerge their fashion businesses into a new listed unit that...
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