Page 6 - Kishore Biyani

Biyani's 'very honest' admission of why he had to sell Future Group to RIL

Company did 'too many acquisitions' and when Covid-19 struck it lost nearly Rs 7,000 crore revenue, says retail tycoon.

Future group, Amazon to initiate arbitration proceedings over RIL deal

Amazon says the deal violates the no-compete contract signed with the Future group and the RIL-Future deal will derail its plans to buy a stake in Future Retail Ltd

Top headlines: LVB gets non-binding offer from Clix, Future Group vs Amazon

From Lakhsmi Vilas Bank getting non-binding offer from Clix to India's richest getting richer amid lockdown, Business Standard brings you the top headlines of the day

Forbes India Rich List 2020: Ambani dominance continues; see full list

With a global health crisis raging, listed pharma entrepreneurs fared well while those with interests in real estate suffered

Biyani to stick on with home retailing, keep running it as independent biz

No plans to sell it despite competition from online players

Reliance-Future deal: Lenders, vendors await the fate of their dues

Lenders, vendors await the fate of their dues; many threaten to move courts if they aren't repaid in 15 days

Ambani-Biyani deal: Future Group's footprint to shrink by 80% in revenue

Future would be one of the top contract manufacturers in FMCG, fashion space but with wafer-thin margin

Reliance Retail-Future Group deal: Traders worried over retail mkt monopoly

Praveen Khandelwal, secretary general of Confederation of All India Traders said the deal will lead to monopoly and consequently unfair domination by the large player(s)

Top headlines: FM to hold review meet; pharma focusing on OTC drugs

From govt asking ministeries to review staffer performance to likely SC verdict on telecom AGR dues, here are top headlines this morning

While RIL gains, deal may not be as sweet for Future Group shareholders

Valuation concerns could weigh on the stock price of Future Enterprises

Amazon to stick on as Future Enterprises' shareholder after Reliance deal

Rival Reliance Retail too will be investor in company

Reliance-Future Group deal to save lenders from Rs 12,000-crore hit

The financial instruments of Future group have gone through multiple rating downgrades in recent months due to the delay in payments

Kishore Biyani, once India's answer to Sam Walton, bows out of retail biz

Mismatch between ambition and resources; debt does him apart, say experts

Future goes to RIL: Biyani, pioneer of retail, bows to winds of change

Biyani (59), who started his business in 1987 by launching Manz Wear which later adopted the brand name of Pantaloon, has agreed to hand over the control of his retail empire to relatively new entrant

Future Retail, Future Lifestyle: How Future Group stocks look on the charts

Future Consumer faces a stiff resistance around Rs 12.50 levels. Here's a look at how the Future Group stocks look on charts.

Future Retail repays $14 mn interest to investors, averts default

Kishore Biyani-led Future Retail has averted a default as it repaid around $14 million (around Rs 100 crore) interest on foreign bonds to investors.

Future group bankers may take 40% haircut even after key biz sale to RIL

As per a plan negotiated between Kishore Biyani, Indian lenders and RIL, banks will have to wait till RIL invests in Future Enterprises after three other group firms are merged into it

Future Enterprises board likely to discuss merger plan on Saturday

RIL may pick up 50% in merged entity

RIL close to acquiring Future Retail, finalises plan with lenders

RIL, Future stocks go up on finalisation of acquisition talks

Covid-19 impact: Debt woes keep future uncertain for Kishore Biyani firms

Aggressive expansion plans have led to cost overrun, sliding profits for Future Group firms