Future Capital Holdings Limited (FCHL), the financial services arm of the Future Group, is likely to be the first company to hit the capital market in 2008 to raise Rs 490 crore.
Reliance Retail has terminated services of 400 employees in West Bengal. The company has not been able to start retail operations in the state due to opposition from the political parties and local trader unions. Reliance Fresh recently terminated services of nearly 1000 employees in Uttar Pradesh as well. The company has seen lot of protests in many states across India.