Page 16 - Future Group

Big-box retailers turn to small stores amid soaring rentals, red tape

Ikea is not the only one moving away from large-format stores

E-commerce giant Amazon buys 49% stake in Kishore Biyani's Future Coupons

Through this transaction, Amazon has managed to acquire around a 3.6 per cent stake in the Future group

Future Group's 'Sabse Saste Din' sale on Republic Day to be live on Amazon

The company's 'Sabse Saste Din' sales are held around Republic Day and Independence Day holidays

Amazon-Future Retail deal: How the tie-up benefits both the firms

Future Retail has entered into a long-term agreement with Amazon India, which will help expand the reach of the former's retail outlets

Amazon India inks two long-term agreements with Future Retail, FCL

The development comes after Amazon had agreed to buy 49% stake in Future Coupons Ltd

Nippon in tow, Future Supply eyes Rs 10,000-crore top line in 5 years

Alliance to give access to key Japanese clients and technical expertise

Nippon Express gets CCI nod to acquire 22% stake in Future Supply

This is the second time in two weeks that the CCI has given its nod to a foreign investment in a Future group company.

CCI okays Nippon Express' 22% stake buy in Future Group's logistics arm

The Competition Commission on Tuesday said it has approved Nippon Express' acquisition of 22 per cent stake in Future Group's logistics arm Future Supply Chain Solutions Ltd. Future Supply Chain Solutions in September said that Japan-based Nippon Express Co will acquire 22 per cent stake through a combination of primary issuance and secondary purchase from an existing investor. The Competition Commission of India (CCI) in a tweet said it "approves acquisition by Nippon Express (South Asia & Oceania) Pte. Ltd. of approximately 22% of the total issued and paid up share capital of the Future Supply Chain Solutions Limited." As part of this transaction, Future Supply Chain Solutions Ltd (FSC) will issue 37,89,350 shares to Nippon Express at a price of Rs 664 per share (22 per cent premium to the current market price). "Through this primary issue Nippon Express will hold 8.6 per cent stake on a fully diluted basis and FSC will raise around Rs 252 crore for funding its near-term growth .

Why Future Group is breaking the age-old rules of the retail game

By taking its labels into general trade, the retailer has upended the system it has been a part of, but also plugged into the future of shopping

Future Retail zooms up to 18% on CCI approval to Amazon-Future Coupon deal

FCL is broadly engaged in marketing and distribution of corporate gift cards, loyalty cards and reward cards to corporate customers.

7-Eleven tweaks convenience store format for India roll-out next year

Experts say the emphasis on eating out at 7-Eleven in India is linked in part to curbs on foreign direct investment in multi-brand retail in the country

Creation phase over, Future now looking to become a cost leader: CEO Biyani

We have to become a cost leader in whatever we do. And derive more from less, says Kishore Biyani

Future group ties up with US food major Dole for packaged food distribution

Kishore Biyani-led group has said that the present partnership is for distribution of Dole's packaged food in India; local manufacturing will follow

Amazon's Future Retail deal under CCI scanner, could be delayed: Report

The CCI sought justification from Amazon on why it chose to file a Form I, the source added, which could potentially delay approval of the deal

LivQuik seeks approvals from RBI to start foreign remittance services

Future Group payments affiliate LivQuik to launch foreign remittance services at stores

Future Retail to buy group co's infrastructure assets in Rs 4,000-cr deal

Future Retail said the management had given in-principle approval for the acquisition of the assets, adding it would be done in one or more tranches and after getting an independent valuation report

From Coca-Cola to Spencer, brands hunt for the diaspora in festive pitch

Brands such as Future Group, Spencer's Retail and several others, are banking on discounts and offers.

Kerala Startup Mission selects Future Group as market access partner

: Kerala Startup Mission (KSUM) has selected retail and fashion sector conglomerate Future Group as their market access partner to widen the horizons for startups in the state to grow and progress further. KSUM signed a Memorandum of Understanding (MoU) in this regard with Mumbai-headquartered Future Group on the sidelines of the concluding day of 'Huddle Kerala 2019', one of Asias largest congregations on startup ecosystem, at Kovalam here on Saturday. Dr Saji Gopinath, CEO, KSUM, and Saravana Mani, Head, Open Innovation, Future Group, signed the MoU in the presence of M Sivasankar IAS, Secretary, Electronics and IT, Government of Kerala, on the occasion. As per the MoU, KSUM will shortlist a curated list of 20 companies in a year which will be prospective clients for theFuture Group. KSUM will also provide a platform to the Future Group twice every year to speak about their business at the events organised or promoted by KSUM. FutureGroup will provide mentorship a

ESR ties up with Future Group to develop two industrial, warehousing parks

The parks would be developed to service the northern and central regions and would target the e-commerce sector

Fashion firms feel slowdown pangs for second straight quarter; sales down

Same-store sales growth down to 2-7% in Q1, lower than 3-9% reported in Q4