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EASYDAY HYPER
Future Retail independent directors claim Amazon deal violates FEMA, FDI rulesThe assertions of Amazon which it has claimed with success in the arbitral tribunal meant Amazon has significant strategic rights over FRL ...- NCLT allows Kishore Biyani-owned company to convene shareholders meet for deal with Reliance RetailEarlier this month, the Supreme Court asked the NCLT, the Competition Commission of India (CCI), and the market regulator Sebi not to issue...
- Future Retail Chairman Kishore Biyani's remuneration fell 44% to Rs 2.17 crore last fiscalFRL's Managing Director Rakesh Biyani also saw his remuneration decline by 4.82 per cent to Rs 3.75 crore in the financial year ended March...
- NCLT reserves order on Reliance Retail's plea to seek shareholders nod on Future Retail dealThe division bench of NCLT, preceded by a judicial member Suchitra Kanuparthi and a judicial member Rajesh Sharma, asked if the lenders to ...
- Enforcement Directorate seeks details of Future Coupons' deal with AmazonThe Enforcement Directorate (ED) has sent a letter to Future Coupons (FCPL), a Kishore Biyani promoter entity, seeking details about the co...
- Amazon vs Reliance: Arbitration to include Future Retail, rules Singapore CourtAmazon indirectly owns a 5% stake in Future Retail, which runs all the grocery stores of the group --Big Bazaar, HyperCity, Easyday and Nil...
- Future Group may argue companies involved in Reliance deal not party to Amazon caseConsequently the transaction cannot be challenged, according to industry sources familiar with Future's strategy, in case of a legal confro...
- Future Retail Q3 net profit down 16.7% to Rs 164 croreTotal expenses were 2.58 per cent lower at Rs 5,042.46 crore.
- Future to Shutter 140 Easyday StoresAll 53 Easyday stores in the west — in Mumbai, Pune, Nashik and Ahmedabad — will be shut down in phases in this fiscal year.
- Future Group hires US’ Palantir to analyse its customer dataPalantir Technologies earlier worked for the NSA, Pentagon and CIA in Afghanistan and Iraq.
- Amazon in advance stage to buy stake in Future RetailA final shape to an agreement between the two parties is expected to take place within the next 10 days, the sources said.
- Big Retail is taking on lustre. Future Retail to dilute 10% for Rs 3,000 croreExisting guidelines do not allow 100 per cent overseas investment in multi-brand retail.
- DailyNinja raises $3 million in a new round led by Saama CapitalFounded in July 2015 by Sagar Yarnalkar and Anurag Gupta, DailyNinja handles 25,000 orders daily and expects to increase it to 150,000 in 1...
- Kishore Biyani’s Future Group to soon start delivering milk at your doorstep every morningAround 1,000 outlets under the Easyday, Nilgiris and Heritage brands of India’s largest retailer are getting ready to deliver milk directly...
- Azim Premji mulls fresh $250 mn Future deal; Biyani in talks with AmazonThe latest deal-making at the holding entity is likely to translate into about 6% shares in Future Retail, operator of Big Bazaar hyper and...
- Biyani sees a Rs 1.5-trillion opportunity with Easyday stores by'22The retail chain today unveiled a 30-year vision, Retail 3.0, by when it plans to become Asia's largest integrated consumer retailer by 204...
- Kishore Biyani snaps up K Rahejas Group's loss-making Hypercity for Rs 655 croreThe deal will give the Future Retail's flagship retail chain Big Bazaar access to a premium brand and great locations in main metros.
- Supermarkets including Big Bazaar, Reliance Retail make a tryst with record sales on Independence Day occassionTop retail chains posted their highest-ever weekly sales in the 6 days to Independence Day, when heavy discount offers lured buyers to splu...
- Bharti Retail launches new retail format;Reliance opens 1st hypermartBharti launched a new format called Easyday Hyper, thus making its entry into Western region, while Reliance opened its first hypermarket.
- Bharti Retail enters RajasthanBharti Retail entered Rajasthan by launching the state’s first compact-hyper store ‘easyday Market’ in Jaipur.
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