Page 3 - Kishore Biyani

Scaling down ops to cut losses, says FRL as Reliance takes over its stores

Future Retail on Saturday said long-stop date for deal with Reliance has been extended to September 30, 2022

Top headlines: Future seeks time; RIL weighs in on Videocon's oil assets

The government's borrowing in the FY23 Union Budget may get trimmed by Rs 63,500 crore. More on that in our top headlines.

IFCI invokes promoter Kishore Biyani's stake in two Future companies

Biyani stake in group companies falls steadily

HC rejects Future's plea to stay Singapore arbitrator's order: Report

Amazon and Future Group are embroiled in legal battles since the latter entered into an agreement with Reliance Retail to sell its retail assets for Rs 24,713 crore in 2020

NCLT allows Future Group to hold EGMs to sell businesses to Reliance

Will seek shareholder approval to sell assets to Reliance Retail

Kishore Biyani's remuneration fell 44% to Rs 2.17 crore last fiscal

The remuneration of Kishor Biyani, Chairman of debt-ridden Future Retail Ltd, declined nearly 44 per cent to Rs 2.17 crore in the last financial year.

Future Retail appoints Sadashiv Nayak as CEO effective August 25

Future Retail Ltd (FRL) said Sadashiv Nayak has been appointed as its chief executive officer with effect from Wednesday.

Future group promoters and holding companies approach the SC against Amazon

Future group promoters, including Kishore Biyani and several group holding companies, have approached the Supreme Court against an order passed by the Delhi High Court

RIL-Future deal: Lenders worried over big hair-cuts, IBC option open

Retail entity's cash flows have been hit, and if the merger deal does not go through, the working of restructuring would be under strain

Reliance-Future Retail deal may not impact revenue market share

Reliance Retail, despite the pandemic, hit revenues of Rs 157,629 crore in FY21. The Future group's revenues are merely 7 per cent of this, compared to around 18 per cent in FY20

Big Bazaar's online bet clicks as platform hits 50,000 orders a day

With this, it has achieved half its initial target within two months

Future Retail board approves resolution plan to restructure financial debt

The restructuring would be according to the Reserve Bank of India's circular for companies under stress due to the Coronavirus pandemic.

Covid-19 or not, show must go on, says Future Group founder Kishore Biyani

We are launching an FMCG brand called Smartsters, which will focus on packaging and product innovations, says Biyani

Reliance Retail extends deadline to complete Rs 24,713 cr deal with Future

Reliance Retail, the retail arm of Reliance Industries, has extended the timeline for six months to complete its Rs 24,713 crore deal with Biyani-led Future to buy its retail and wholesale business

Delhi HC stays single judge's order restraining Future Retail-RIL deal

Justice Midha's order dated March 18 is contrary to the apex court's order, said senior advocate Harish Salve on behalf of Future Retail

Future Group moves Delhi High Court over RIL deal restraining order

"The company has filed an appeal before the High Court of Delhi against the impugned order dated March 18, 2021 passed by single judge...," said Future Retail

In relief for Amazon, Delhi HC puts Future-Reliance deal on hold

The court held that Future Retail, Future Coupons (the promoter entity of Future Retail), founder and owner Kishore Biyani and others violated the Emergency

LIVE: Rajya Sabha passes bill to hike FDI in insurance sector to 74%

By raising the FDI limit to 74%, the current provision of control being vested with Indian companies had to be dropped. Stay tuned for Latest LIVE news

Future group revs up joint ventures as tussle with Amazon drags on

The Kishore Biyani-led group's debt had spiralled out of control last year, forcing it to get into a nearly Rs 25,000-crore transaction with Reliance Retail

Future's women employees write to PM, seek job protection amid Amazon row

The Women of Big Bazaar SOS, the composite group of women who work for Future Group appealed to PM Modi and sought support to protect their livelihoods as tussle between Amazon and Future continues