Future Retail's Kishore Biyani Resigns as Executive Chairman
Kishore Biyani, CEO of the Future Group Kishore Biyani has stepped down from the suspended board of Future Retail and has resigned as chairman and…
13 Companies Bid to Acquire Future Retail, Include Adani and Ambani
Gautam Adani and Mukesh Ambani-run firms are among the 13 companies to submit initial bids to acquire debt-laden Future Retail Ltd. Ambani’s…
Future Retail MD Rakesh Biyani Steps Down, Company Secretary Resigns
Future Retail Managing Director Rakesh Biyani has stepped down while officials, including the company secretary of the debt-ridden firm, have…
Future Retail Director Rahul Garg Resigns
Future Retail Ltd's Director Rahul Garg has resigned from the board, a regulatory filing by the debt-ridden company said. "Rahul Garg, Non-Executive…
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Future Retail Q3 Results: Net Loss Widens to Rs 1,063.4 cr; Revenue Up 86.8 pc
Future Retail Ltd (FRL) reported the widening of its consolidated net loss to Rs 1.063.36 crore for the third quarter ended on December 31, 2021. The…
Future Retail Terminates its Two Year Old Franchise Agreement with 7-Eleven
Future Retail announced that it has terminated its two year old franchise agreement with 7-Eleven Inc in order to open and manage the global…
Sadashiv Nayak Appointed as CEO of Future Retail
Future Retail Ltd (FRL) has said that Sadashiv Nayak has been appointed as its Chief Executive Officer. The board of the company has considered and…
SC Halts $3.4 bn Reliance-Future Retail Deal; a Big Win for Amazon
The Supreme Court has halted the $3.4 billion Reliance-Future Retail deal. The court announced that Singapore’s Emergency Arbitrator (EA) award,…
Future Retail Q3 FY21 Net Loss Widens to Rs 846.92 cr; Revenue Plunges by 71 pc
Future Retail Ltd has posted a consolidated net loss of Rs 846.92 crore for the third quarter ended in December 2020. The company’s net loss widened…
Heritage Foods Sells Entire Stakes in Future Retail for Rs 132 Crore
Heritage Foods has sold its entire holding representing over 3 percent stake in Kishore Biyani-led Future Retail for around Rs 132 crore in the open…
7-Eleven to have 8 stores in 1st phase of launch in Mumbai
Future Retail will open 8 stores of 7-Eleven, the world's largest convenience store chain, in the first phase of launch in India. All outlets of 7-…
Future Retail to spend up to Rs 200 cr for expansion of Big Bazaar stores in east
In a bid to expand Big Bazaar stores in the eastern region, Future Retail will be spending Rs 150-200 crore a year. The company will launch about…
Amazon eyes 7-8 percent stake in Future Retail
Amazon.com Inc is looking to buy an at least 7 percent to 8 percent stake in India's Future Retail Ltd through an investment arm as reported with…
Future Retail plans to add 20 Big Bazaar stores in FY19
Kishore Biyani led Future Retail plans to increase the penetration of small format stores as reported by leading media agencies. In an exclusive…
Kishore Biyani led Future Retail may get foreign investor
Kishore Biyani led Future Retail may close a deal with a foreign investor over next two months as media sources are to be believed. The proposed…
PremjiInvest invests Rs 1,700 cr on Future Retail, buys 6%
The family office of Wipro founder Azim Premji, PremjiInvest has confirmed mega investment of $250 million, or Rs 1,700 crore, to pick up 6% in…
Dial Future Group for your milk, bread, egg need every morning
New Delhi: Competing its rivals in the grocery and milk delivery firms, Kishore Biyani’s Future Group has announced to start morning doorstep…
Amazon in talks to buy 10% stake in Future Retail
In a bid to expand its offline presence, US based e-commerce giant Amazon is planning to acquire a 10% stake in Future Retail Limited, the company…
Future Retail net losses escalate at Rs 464 cr In Q4
Kishore Biyani-led Future Retail has posted a net loss of Rs 463.62 crore for the quarter ended March 31, 2018, a comparatively huge increase from…
Future Retail Receives RBI Nod For 49% Hike In RPFI
Future Retail led by Kishore Biyani's Future group has received approval from the RBI to increase the limit of its Registered Foreign Portfolio…
Union Budget 2018: Retailers demand GST revision
As the day has come for the Finance Minister to present the Union Budget, the Goods and Services Tax (GST) retailers all across the country…
Alcis Sports to Open 2nd Store In Mumbai
Alcis Sports, today unveiled its flagship store in Mumbai, its second exclusive brand store in India. The store will offer a premium performance…
Star Shopping and Future Group’s retail infra unit to unite
Star Shopping Centres,  a mall developer company  is merging with Future Group’s primary retail infrastructure development unit, Future Market…
Future Group Close To Final Deal To Buy Vulcan Express For Rs 50 Crore
Future Supply Chain Solutions, the logistics company promoted by retail titan Kishore Biyani, is believed to have agreed to terms to acquire Vulcan…
Future Group Eyes Rs 40,000 Crore Business In 2018-19
The Future Group is expecting its retail business to reach Rs 40,000 crore in 2018-19. Future Group CEO Kishore Biyani said “We are looking at…
Future Group In Talks To Acquire Grocery Retailer FoodWorld Supermarkets
Future Group is in advanced talks to acquire grocery retailer Food world Supermarkets, a deal that could give Kishore Biyani sway over a network of…
Future Retail To Acquire Travel News Services For Rs 100 Crore
Kishore Biyani-led Future Retail today said it will fully acquire Travel News Services India (TNSI) in a Rs 100 crore deal, a move which would help…
Aditya Birla Fashion and Retail Ltd Appoints Ashish Dikshit As Managing Director
Aditya Birla Fashion and Retail Ltd (ABFRL) said it appointed Ashish Dikshit managing director of the company, replacing Pranab Barua with effect…
Amazon To Sell Echo Via Brick And Mortar Stores
Amazon will tap the offline market to sell its range of Echo smart devices in India, multiple people aware of the plans said. The e-commerce major…
Future Group In Talks To Buy Vulcan Express
Future Group, India’s largest retailer, is said to be in talks to buy online retail platform Snapdeal’s logistics arm Vulcan Express for about Rs 50…
Future Lifestyle Q2 Net Profit Rises To Rs 30 crore
Future Lifestyle Fashion, the lifestyle arm of Kishore Biyani led Future Group,  posted a marginal rise of 3.23 percent in net profit to Rs 30.28…
Future Retail works to ensure no disruption in supply chain in GST
As the Goods and Services Tax (GST) is scheduled to roll out in July, Future Retail has been working with vendors and its partners to ensure no…
Future Retail looks to open new distribution centres to save cost, ensure fast delivery
Future Retail is looking at opening new distribution centres to ensure that products reach its stores faster and help save on costs through greater…
Future Retail to set up 4000 Easyday stores in five years
Kishore Biyani- led, Future Retail, plans to expand its neighbourhood store chain Easyday  and looks to open 4,000 outlets in five years.  The…
Future Retail posts 17% increase in Q4 profit
Kishore Biyani’s Future Retail has witnessed a 17.3% increase in net profit to Rs 123.05 crore for the three month period ended March 31, 2017…
Future Lifestyle Fashions mulls selling investments to deleverage balance sheet
Future Lifestyle Fashions (FLF) is planning to raise money by selling its investments in fashion brands and utilise the funds for deleveraging its…
Future Lifestyle's Q2 net profit at Rs 7 crore
Retail giant, Future Lifestyle and Fashions Ltd (FLFL) reported net profit of Rs 6.98 crore for the second quarter of 2014-15 fiscal. The company…
Sebi approves upto Rs 1,600cr rights issue of Future Retail
Kishore Biyani-promoted  Future Retail  has received market regulator Sebi's approval to raise up to Rs 1,600 crore through rights issue, says a PTI…
Future retail reported Rs 8 crore loss
Future Retail Ltd   reported net loss at Rs 8 crore for the third quarter ended September 30, 2013.  The company registered the net profit of Rs 66…
Future Retail seeks FIPB approval
Future Retail, the Indian retail giant, is seeking FIPB approval of increasing it foreign institutional investor holding in the firm to 49 per cent…