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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...- Reliance-Future Group deal: Amazon sends legal notice, alleges breach of contractIn August 2019, Amazon bought a 49 per cent stake in Future Coupons for about Rs 1,500 crore.
- How RIL discretly blocked rival Amazon out in Future retail bizAccording to the contours of the deal between Future Group and RIL, the former will merge 19 retail and its related back-end infrastructure...
- Reliance almost doubles retail footprint with acquisition of Future GroupReliance Retail has also proposed to invest Rs 1,200 crore in FEL preferential equity (6.09% of post-merger equity of FEL) and Rs 1,600 cr ...
- RIL inches closer to bolster its presence in retail space as it nears deal with Future GroupReliance Industries (RIL) is in late-stage talks to acquire the retail business of Future Group as it moves to bolster its brick-and-mortar...
- RIL inches closer to buying Future Group’s retail businessA second person said that the deal has taken time due to disagreements over the valuation of Future Retail, the flagship of Biyani’s enterp...
- Retailers go online, where all the action now liesThis focus on online sales--in addition to physical stores and online marketplaces like Amazon--is in turn pushing logistics and supply cha...
- Future Retail to raise up to Rs 650 crore to reduce debtThe funds will be used mainly for replacing the company's existing high cost current or near term maturity debts requirements.
- Anticipated lockdown extension, adequate stocks in place, say retailers"Based on sales projections, we have worked with suppliers to ensure that we have healthy stock availability at LOTS for our customers. Our...
- 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.
- MyGate makes key leadership hiresThese key hires come as the company embarks on an aggressive expansion drive to grow to 15 million homes across 40 cities in the next 18 mo...
- 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...
- Future Group plans to open 10,000 small storesBiyani plans to dot the country with small-format ‘Easyday’ stores in the range of 2,500 sq ft, and the membership-based plans to enrol abo...
- Wal-e-Mart: How the world's largest retailer is shaping up its e-commerce strategy in IndiaA store, not open to the public, sheds light on how serious Walmart is about India. The decision to set it up was taken long before it boug...
- Kishore Biyani's Future Group takes e-rivals head on, goes the app way for grocery deliveryBiyani-led Future Group is set to launch an app like Amazon Prime and use Easyday stores for delivery, giving buyers the convenience of sho...
- Kishore Biyani's Future group acquires Bharti Retail in an all-stock deal valued at Rs 500 croreThe Mittals will get an immediate stake of 9% each in the BSE-listed Future Retail as well as in the yet-to be-created entity of Biyani.
- Easyday brand to stay even after Walmart entry: Rajan Mittal, VC & MD, Bharti EnterprisesRajan Bharti Mittal, VC and MD of Bharti Enterprises, says allowing foreign investment in multi-brand retail will not displace neighbourhoo...
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