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BIGBAZAAR BUSINESS
SC quashes CCI’s Rs 202 crore penalty on Amazon over Future Coupons dealThe Supreme Court has overturned a Rs 202-crore penalty imposed on Amazon by the Competition Commission of India. This penalty was related ...- Future Retail Q3 Results: Net loss widens to Rs 1,063.4 cr; revenue up 86.8%Its total income in October-December 2021 jumped 86.85 per cent to Rs 2,815.68 crore, against Rs 1,506.87 crore in the year-ago period.
- Vistra ITCL invokes Future Retail sharesThe arbitrator had barred FRL from taking any step to dispose of or encumber its assets or issuing any securities to secure any funding fro...
- Future Group shares rally up to 20% on deal with RIL“Reliance Retail Ventures Ltd (RRVL), subsidiary of Reliance Industries, will acquire the retail and wholesale business and the logistics a...
- Stock market news: Reliance Industries shares rise over 1%A total of 87,856 shares changed hands on the counter till 09:28AM (IST).
- Future Group to diversify into cloud kitchen businessIn a cloud kitchen concept, operators prepare, package and deliver food without providing any dine-in facility to end-consumers.
- Amazon Now rebrands to Prime Now with benefits for Prime membersThe scheduled deliveries for all customers will continue in the four cities where Amazon Now operates – Mumbai, Delhi, Bengaluru and Hydera...
- Grocery and milk delivery startup Milkbasket gets $7 million in Series AThis is the latest funding in the milk and grocery delivery space, with players such as Daily-Ninja and Doodhwala also having picked up ven...
- Will not invest in e-commerce space for at least two years: Kishore BiyaniOn the goods and services tax (GST), Biyani said the retailer is ready for it and prices will come down for a lot of packaged food and FMCG...
- Kishore Biyani sees big future without investorsThree listed entities of the Future Group now have a combined valuation of Rs 21,833 crore, more than that of Shoppers Stop, Trent and Arvi...
- ETMarkets After Hours: Logistics stocks hogged limelight; 50 stocks hit 52-wk highThe 30-share BSE Sensex closed 69.56 points, or 0.24 per cent, down at 28,743, while the 51-share Nifty50 shed 17.10 points, or 0.19 per ce...
- Future Retail soars 10%; Morgan Stanley initiates coverage with overweight ratingAt the prevailing level, the stock is trading at 32 times its trailing 12-month earnings per share(EPS) and 0.62 times its book value.
- Biyani sees no future in speciality retail formatsThe move is expected to affect 180-200 of the about 1,200 outlets that the nation’s largest retailer runs across supermarket.
- Mobile wallets gain currency at brick-and-mortar stores tooThe variety of purposes for which mobile wallets can now be used, and the pace of their adoption, suggests that they could replace credit c...
- FDI tussle triggers debate on marketplace definition; Flipkart, Snapdeal oppose opening up India's ecommerce sector to 100% FDICompanies such as Amazon, Flipkart and Snapdeal operate as marketplaces in India thus allowing any retailer or trader to sell goods on thei...
- FDI in retail is well due in India: Rakesh Biyani, Pantaloon RetailFDI is important for the future of the supply chain in the country as wastage levels can go down significantly, Rakesh Biyani said.
- Accountability is difficult to fix within family, unlike management: Kishore Biyani, Future GroupFurther Goup's founder & CEO Kishore Biyani is making subtle changes in the group's functioning, emphasising more on professionals and a bu...
- Big Bazaar chain to get bigger in eastern regionKishore Biyani’s Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hyper...
- Big Bazaar to up food & grocery prices by 5-6%India’s biggest retailer Future Group will raise prices of its food and grocery items by 5-6% to meet the rising input costs.
- Future to push up fashion portfolioTo shore up margins in the hypermarkets business, Kishore Biyani’s Future Group will push up the fashion portfolio in the Big Bazaar chain.
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