Page 5 - Kishore Biyani

HC seeks Future's stand on Amazon plea to set aside court's observations

Delhi High Court sought response of Future Retail on Amazon's plea challenging observations by a judge the US e-commerce giant's attempt to control Indian entity was violative of FEMA and FDI rules

Biyani sees quick approval of Future's $3.4 bn deal despite Amazon dispute

Future and Amazon are at loggerheads over the Indian group's August deal with Reliance Industries Ltd

Sales to normalise by Jan-end, getting orders from Jio Mart: Kishore Biyani

Future Group expects normal sales to return for its retail vertical by the end of January, almost a year after the business was severely hit by pandemic-related disruptions, Kishore Biyani said

Future-RIL deal: Next phase of Bezos-Biyani battle to begin in Singapore

Singaporean barrister Michael Hwang joins three-member arbitration tribunal at SIAC, which is looking into the dispute over Future Group's $3.4 bn deal with Reliance Industries

We were fed up with your attitude, had to take RIL offer: Biyani to Amazon

"Being totally disillusioned and fed up with your lackadaisical attitude, we were left with no option, but to accept the offer from the Reliance," Biyani said

Future, Amazon continue fight; write to Sebi over Future-Reliance deal

Amazon and Future Group have written to market regulator Sebi with contrasting requests over a Rs 24,713 crore buyout of assets of India's second-largest retailer

Crisis and opportunity: 2020, the year of technology amid Covid-19 pandemic

Tech companies emerged winners from the pandemic, others quickly adapted to change and thrived, but some sank deeper into problems

Heritage Foods exits Future Retail; sells its entire holding for Rs 132 cr

Heritage Foods has sold its entire holding representing over 3 per cent stake in Kishore Biyani-led Future Retail for around Rs 132 crore in the open market to mainly repay its long term loans.

Amazon-Future tussle: Singapore's arbitration court rejects Biyani's plea

The company had pleaded that it be excluded from being a party on account of jurisdiction objection

Keep 'East India Company' rhetoric aside, Amazon invested $6.5 bn: Lawyer

The legal counsel of Amazon told the court that it had introduced Samara, an investor to Future and the term sheet was offered to solve its problems

Despite the dispute with Amazon, new 'future' awaits Kishore Biyani

Despite the dispute with Amazon, Future group and Reliance seem determined to execute their nearly Rs 25,000-cr transaction. What is Kishore Biyani left with?

Future of retail at stake: Why Amazon is feuding with Biyani and Ambani

Amazon is willing to 'sink the ship' but doesn't want Reliance to acquire Future's assets, says one analyst.

Don't let American giant Amazon kill Future, Biyani lawyer urges court

The court adjourned the hearing until Wednesday after a day-long hearing, which included arguments from the legal counsels of Amazon, Future and Reliance

Future Retail moves HC seeking relief against SIAC stay order on RIL deal

The Future group firm has contended that Amazon is "misusing" the interim order passed by an emergency arbitrator of the Singapore International Arbitration Centre (SIAC) on October 25, 2020.

Tough legal battle ahead for Future group as it loses arbitration case

Corporate lawyers say Indian courts usually go along with orders given by foreign arbitration courts as witnessed in several cases before

Amazon vs RIL for Future: What's at stake & what's next in the retail war?

According to the sources, Future group has been told not to proceed with its sale of shares to RIL till the outcome of the arbitration process

Amazon-Future dispute: Kishore Biyani may look for mutual settlement

Time running out for Future Group, which has defaulted on debt payments

Future Group may challenge arbitration award putting RIL deal on hold

Future Group said it is not a party to the agreement under which Amazon has invoked arbitration proceedings and the deal cannot be held back through the arbitration process

Future-RIL deal: Jeff Bezos-Kishore Biyani battle begins in Singapore

This follows a dispute over Future's sale of its retail and wholesale businesses to MukeshAmbani-led Reliance Industries Ltd

Pandemic shock forced me to exit retail biz: Future Group founder Biyani

Future Group founder says lost about Rs 7,000-crore revenue in 3-4 months; he would now 'think small' and focus on becoming digital-first