Page 8 - Kishore Biyani

Blackstone invests Rs 1,750 cr in Ryka, acquires 6% in Future Lifestyle

The fund would be utilised to "retire/pre-retire" all existing financial obligations of Ryka

Kishore Biyani-led Future Retail Q2 net profit down 7% at Rs 165.08 cr

The company had reported a net profit of Rs 177.37 crore in July-September quarter a year-ago

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

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

Poor consumer confidence hits rural FMCG demand; sales growth drag

FMCG product sales in the rural market in this quarter grew by a meagre 5.9%

Kishore Biyani's Future Enterprises plans to raise up to Rs 900 cr via NCDs

Future Enterprises said this fund raising plan is subject to approval by the members of the company

Kishore Biyani's Foodhall plans to tap 2-hour e-deliveries segment

The company has entered into a strategic partnership with Scootsy, a hyper-local delivery platform

Future Retail reappoints Kishore Biyani as managing director for 3 years

Future Retail is part of Future Group founded by Kishore Biyani, who is also the Group's chief executive officer

Kishore Biyani may keep FMCG arm off the deal table in talks with Amazon

This comes as Biyani charts out an aggressive future for the company, predicated on a series of launches, brand tie-ups

Future Group's Kishore Biyani expects 33% growth in retail business in FY19

Hyderabad, 24 JanuaryKishore Biyani's Future Group is expecting Rs 400 billion revenue from its retail business in 2018-19. Expansion of the store network under various formats and product launches would fuel the growth from around Rs 300 bn in this financial year, said Biyani, group chief executive.The group has four listed retail entities -- Future Retail, Future Lifestyle Fashion, Future Consumer and Future Enterprises. Their combined revenue was Rs 286 bn in 2016-17. Biyani expects the retail businesses to show 33 per cent growth in FY19, as compared to five per cent this financial year. Adding South India's staple, rice, to its food product basket, Future Consumer launched Sona Masoori, a fine rice variety, under its Rs-120 billion Golden Harvest brand on Wednesday in Hyderabad, biggest grossing city for the group across segments. The company also introduced a subscription model, like door delivery of milk, for rice delivery."We have launched most of our retail formats and ...

Online retail has a threat from us, we don't: Kishore Biyani

Alibaba is only buying physical retail, so is Amazon and therefore times have changed, says Biyani

Future Group's Kishore Biyani to buy HyperCity for Rs 911 crore

The takeover value of Rs 911 crore includes Rs 655 crore of stock and cash, remaining being debt

Investors cheer as Kishore Biyani gets his mojo back

Future Retail stock best performer in segment, with 317% return this year; however, most positives seem already priced in

Nobody is fully prepared for GST, says Kishore Biyani

He adds, near-term will be challenging and long term will augur well for retail, consumer markets

Future Group's Kishore Biyani bets big on small stores

These would help sell goods worth Rs 1 lakh annually to 10 mn households by FY21

Kishore Biyani wants to play the core game

He plans to sell and merge Zone with Big Bazaar

Big retailers see future in small stores

Kishore Biyani has identified small format stores as the first of the five pillars of his group's long-term retail strategy

Biyani launches app to take on e-tailers

Says also in talks with taxi firms for tie-ups

For Biyani, small is beautiful now

All its small stores such as KB's Fair Price will be rebranded as Easyday stores

Retail space shrinks as Biyani buys Sangam Direct

The move would further consolidate the retail space in the country