Reliance keen on buying Future Retail assets at agreed priceOver the weekend, RIL shut hundreds of Future stores and removed their signages in a bid to rebrand them as Reliance Retail outlets in the ...
03 Mar, 2022, 10.15 AM IST
Reliance Retail to bear Rs 19,000 crore of Future Group's debt and liabilitiesReliance Retail will pay Future dues as of March 31. Future Group founder and chief executive Kishore Biyani will have to pay the remaining...
31 Aug, 2020, 09.45 AM IST
Kishore Biyani averts a rating downgrade, settles Future Retail's Rs 100 crore interest payoutA missed payout would have meant rating agencies downgrading the company to default category, and other lenders putting pressure on it to m...
25 Aug, 2020, 10.01 AM IST
Future of Biyani-RIL talks may rest on a ₹100 cr interest payoutThe Kishore Biyani-owned retail firm had defaulted on the semi-annual payment on $500 million (₹3,745 crore) foreign currency bonds last mo...
22 Aug, 2020, 08.05 AM IST
Future Fashions $250 million deal with BlackstoneExisting investor Aion is getting a partial payout and is likely to roll over $50 million of its $110 million exposure.
26 Jul, 2019, 09.30 AM IST
Snapdeal board rejects $800-$900 million buyout offer from FlipkartThe development comes days after Flipkart, the country’s largest online retailer, completed its commercial and legal due diligence of Snapd...
05 Jul, 2017, 09.05 AM IST
Chandrababu Naidu's Heritage Foods stock may get re-ratedRetail business has been a drag on Heritage for the past several years, depressing the company's financials net profit, profit margins and ...
08 Nov, 2016, 08.22 AM IST
Model Act clearance:Retail firms give thumbs up to Cabinet's decision, raise sales targets“Most of the salary hike will go into consumption and not necessarily savings,” said Kishore Biyani, CEO of Future Group, India’s biggest l...
30 Jun, 2016, 01.07 AM IST
Graft inquiry: Walmart gets limited reprieve from Delhi HC against CVCIn his April 5 interim order, Justice Rajiv Sahai Endlaw said “no criminal complaint as threatened be filed against the petitioner/its offi...
14 Apr, 2016, 12.26 AM IST
Bonus, variable pay to remain in between 12% - 17% range in New YearIncentives in consumer durables, retail and healthcare cos will be similar to last year, payouts in real estate, infra, telecom and BFSI co...
07 Dec, 2012, 06.22 PM IST
Future Group's Kishore Biyani not to sell stake in Big Bazaar and Food Bazaar chainsRetail magnate Kishore Biyani will sell stakes in non-core businesses to make Pantaloon Retail debt-free by March 2013.
11 Jun, 2012, 09.26 AM IST
Future Group chairman Kishore Biyani to cut 18 deals to kill all debt by March 2013The Future Group chairman said he was ready to unlock shareholder value in Future Ventures, which has invested in three dozen brands.
19 Mar, 2012, 07.02 AM IST
- Nation in festive mood, it's Diwali for retailers
The Diwali dhamaka has already surpassed most marketers' expectations what with premium products flying off the shelf much faster than volu...
21 Oct, 2010, 02.32 AM IST
- Higher bonuses set to spread cheer this festive season
Cos are set to celebrate this festival season with their employees by paying higher bonuses than last year. Second innings at workplace | C...
23 Sep, 2009, 07.59 AM IST
- Samsung not far behind
The Korean electronics major had offered a bonus 33% more than the previous year. This year too, there seems to be no slump in the enthusia...
19 Oct, 2008, 09.02 AM IST
- Pantaloon board approves DVR bonus issue
The board of directors of Pantaloon Retail (India) on Thursday approved a bonus issue of shares with differential voting rights to existing...
25 Jul, 2008, 01.25 AM IST
- Rising rentals worry retailers
Retailers are losing sleep over a 35-40% jump in prime retail rentals across the country this year which has begun impacting their business...
16 Aug, 2006, 12.00 AM IST