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NILGIRIS SUPERMARKET
Reliance Industries moves CCI for Future Group deal nodIn August, RIL announced the deal to acquire the Kishore Biyani-promoted Future Group as going concerns on a slump sale basis for Rs 24,713...- Future Retail to raise Rs 2k crore from promoters to cut rental costsEquity infusion, coupled with inflow of upside share of Bharti and Heritage Retail, will help reduce lease rentals payable to another group...
- Future Retail to raise Rs 2,000 crore from promotersEquity infusion will help reducing lease rentals payable to another group company Future Enterprise.
- Future Group to give the iconic store a facelift to meet the needs of the millennial shopperKnown for breads, cakes, candied almonds to flavoured milk the brand is intrinsic to Bengaluru's shopping history . It is Bengaluru's oldes...
- Future Group in talks to buy Heritage Foods’ retail divisionIf the transaction goes forward, this will be Biyani’s fourth acquisition in as many years, as his Future Group consolidates its position.
- Future group to take Nilgiris supermarket store count to 1,000The group, which had acquired the Bengaluru-based chain in 2014, is also launching new products in bakery and is strengthening its portfoli...
- iD Fresh Foods partners with Nilgiri Dairy Farm to produce dairy productsiD entered four more cities— Coimbatore, Cochin, Palakkad, Trichur—in July, bringing its total presence to 14 cities.
- Future Group bans Maggi at its stores amid safety concernsThe company's retail formats - Big Bazaar, Easy day, Nilgiris had pulled out Maggi in Kerala and UP, it will now have a nationwide ban.
- Kishore Biyani's Future Group acquires supermarket chain NilgirisFuture Group CEO Kishore Biyani said, "FCEL's acquisition of Nilgiris is another step towards building a robust convenience store network i...
- Future Group to acquire Nilgiris for up to Rs 175 crFCEL is part of Biyani's ambition to expand the private brand business into a Rs 10,000-crore enterprise by 2018. Biyani, chief executive o...
- Kishore Biyani's Future Group in talks with Actis Capital to buy supermarket chain NilgirisIf the deal goes through, it will give Biyani control over 140 supermarket chains in south India, where Future Group is trying to boost pre...
- IDFC Private Equity to buy Parag Milk stake for Rs 160 croreIDFC PE is all set to buy 15-20 % stake in Parag Milk Foods for Rs 155-160 crore in the largest private equity transaction in the country’s...
- Actis Capital LLP to exit Nilgiris Dairy FarmAlmost 6 yrs after purchasing a controlling stake in Nilgiris Dairy Farm, UK-based PE firm Actis Capital LLP plans to exit the southern ret...
- Promoters, Actis to sell Nilgiri stakeThe two main shareholders, the original promoters Mudaliar family and the PE firm Actis, were in a tussle earlier over the proceeds from th...
- Nilgiris, Actis to double store count in next 2 yearsHaving resolved their differences over a range of issues, the original promoters of supermarket chain Nilgiris and its majority investor Ac...
- Nilgiri promoters, Actis end dispute; withdraw case in CLBAfter a protracted dispute over a range of issues, the original promoters of supermarket chain Nilgiri Dairy Farm and its majority investor...
- Small retail is beautifulTraditional kirana stores and standalone supermarkets are giving big retail chains a run for their money
- Citi, UTI Ventures invest $12 million in PrimusCitigroup and UTI Ventures are pumping in around $12 million into value fashion retailer Primus, sources said. This probably marks Citigrou...
- Actis acquires stake in Nilgiris Dairy for Rs 300 crorePrivate equity major Actis is snapping up Nilgiris Dairy Farm for Rs 300 crore ($65m).
- Actis to scoop up 51% of Nilgiris DairyPrivate equity major Actis looks set to snap up a majority stake in Nilgiris Dairy Farm, which operates a Rs 120-crore supermarket and dair...
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