Future Group, Bharti Retail to merge retail biz; Biyani to take control
In a two-tier deal announced Monday, Future Retail will demerge its retail business to be merged into Bharti Retail, while Bharti's retail infrastructure business will also undergo a similar process to be merged into Future Retail.
May 04, 2015, 18:49 PM IST
Future Retail jumps 12% on retail biz merger
Shares of Future Retail climbed 12 percent on Monday as the company approved the demerger of retail business and merge it with Bharti Retail.
May 04, 2015, 18:33 PM IST
Future Group, Bharti Retail in talks for partnership
A multi-structured deal on the basis of share swap is being worked out between the two partners, post which Kishore Biyani-led Future Group will become the majority partner, according to sources.
Apr 16, 2015, 15:16 PM IST
Future Consumer Enterprise to raise Rs 100 cr through NCDs
Future Consumer Enterprise, a part of Kishore Biyani-led Future Group, plans to raise Rs 100 crore through issuance of secured non-convertible redeemable debentures (NCDs) on private placement basis.
Mar 17, 2015, 15:42 PM IST
Future Consumer Enterprise fully acquires Aadhaar Wholesale
Prior to the deal, Aadhaar was a joint venture (JV) between the Future Group and Godrej Agrovet Ltd. The Future Group owned 70 percent stake in the company.
Feb 23, 2015, 13:35 PM IST
Future Group seeks payments bank licence; IDFC to partner
Kishore Biyani-promoted Future Group Monday applied for a payments banking licence and will partner in this venture with IDFC, which has already been allowed by RBI to set up a full-fledged bank.
Feb 02, 2015, 21:25 PM IST
Future Group applies for Payments Bank licence
Kishore Biyani-promoted Future Group on Monday applied for Payments Bank licence with the Reserve Bank of India.
Feb 02, 2015, 14:34 PM IST
Future Lifestyle to cut guarantee amount for group firms
Future Lifestyle Fashions Ltd (FLFL), part of the Kishore Biyani-led Future group, plans to reduce the limit of guarantee amount provided for group firms to Rs 1,000 crore from Rs 4,000 crore at present.
Jan 29, 2015, 19:48 PM IST
Future Retail's Rs 1600 cr rights issue to open on Jan 15
Future Retail promoted by Kishore Biyani on Tuesday said its Rs 1600 crore rights issue will open on January 15, 2015 and close on January 29, 2015.
Dec 23, 2014, 14:45 PM IST
Future Group acquires Nilgiris for Rs 300 crore
Future Consumer Enterprise Ltd, the food and FMCG arm of Kishore Biyani-led Future Group, on Friday acquired south India-based convenience store chain Nilgiris for nearly Rs 300 crore.
Nov 21, 2014, 11:22 AM IST
E-commerce 'euphoria' to last 18 months only: Biyani
Biyani has recently partnered with global e-tailing giant Amazon to sell its merchandise exclusively online.
Oct 30, 2014, 20:32 PM IST
Sebi approves upto Rs 1,600 crore 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.
Oct 15, 2014, 13:53 PM IST
Future Group, Amazon enter into strategic partnership
Kishore Biyani-led into a strategic partnership to build on synergies of experience in online and offline businesses.
Oct 13, 2014, 11:06 AM IST
Amazon ties up with Future Group to sell apparels online
Reportedly, Amazon and Future Group will also jointly sell products which will be developed by them across various categories.
Oct 13, 2014, 09:32 AM IST
Future Lifestyle divests 31.5% stake in Celio Future Fashion
Kishore Biyani led Future Lifestyle Fashions Ltd on Friday announced divestment of 31.5 percent of its stake in Celio Future Fashion Ltd for an undisclosed sum.
Oct 10, 2014, 18:42 PM IST
Kishore Biyani, retailers accuse Flipkart of anti-competitive practices
Miffed at sale of products below its manufacturing price, Biyani said such undercutting can be done only to destroy competition.
Oct 08, 2014, 10:22 AM IST
Biyani questions rationale of investments in e-commerce space
The Future Group chief also expressed concern that online retailers, flush with cash, may eventually look at buying into traditional brick and mortar companies.
Sep 28, 2014, 13:02 PM IST
Kishore Biyani looks at acquiring cold-storage Co to drive food biz
Biyani maintained that it will happen this calendar year and will be a complete acquisition.
Sep 24, 2014, 13:03 PM IST
