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Sebi orders forensic audit of debt-ridden Future Retail accounts

Sebi orders forensic audit of debt-ridden Future Retail accounts

Fri, Aug 05, 2022

The audit will be "with respect to the related party transactions with FRL during the above review period", said the three Future group firms.

Kishore Biyani's daughter Ashni Biyani resigns as Managing Director of Future Consumer

Kishore Biyani's daughter Ashni Biyani resigns as Managing Director of Future Consumer

Sat, May 14, 2022

Ashni Biyani, daughter of Future Group's Chairman Kishore Biyani, has resigned as the Managing Director of Future Consumer Ltd (FCL).

Future Group companies shares hit new low amid shareholders, creditors approval on Reliance deal

Future Group companies shares hit new low amid shareholders, creditors approval on Reliance deal

Mon, Mar 21, 2022

Kishore Biyani- led Future Group companies’ shares extended their declining trend, with almost all Future Group listed companies trading in the red on Monday.

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Generali eyes bigger stake in India businesses as Future seeks exit

Generali eyes bigger stake in India businesses as Future seeks exit

Wed, Dec 08, 2021

Italy’s Generali is in talks to raise its stake in two Indian insurance businesses as its local partner, debt-laden Future Group, looks to exit the arrangement, three people familiar with the discussions told Reuters.

As NCLT allows Future Enterprises to hold EGM, Group companies’ shares jump on Wednesday; Future Retail stocks up 10%

As NCLT allows Future Enterprises to hold EGM, Group companies’ shares jump on Wednesday; Future Retail stocks up 10%

Wed, Sep 29, 2021

Shares of Future Group companies jumped up to 10 per cent as the National Company Law Tribunal (NCLT) on Tuesday allowed the Future Enterprises Limited group to hold an Extraordinary General Meeting (EGM) to seek shareholders' approval for the assets sale to Reliance Industries arm.

Future-Reliance Retail merger deal: FRL seeks early hearing of appeal in SC against HC order

Future-Reliance Retail merger deal: FRL seeks early hearing of appeal in SC against HC order

Fri, Sep 03, 2021

Future Retail Ltd Friday sought an early hearing in the Supreme Court on its fresh appeal against a recent Delhi High Court order which said it will implement an earlier direction restraining FRL from going ahead with its Rs 24,731 crore merger deal with Reliance Retail.

Amazon wins interim relief; Future-Reliance Industries deal, worth Rs 24,713 cr, put on hold

Sun, Oct 25, 2020

Amazon.Com Inc on Sunday won an interim award against its partner Future Group selling retail business to Reliance Industries Ltd for Rs 24,713 crore after a Singapore-based single judge arbitration panel put the deal on hold. Amazon has slapped a legal notice on Future Group.

Future-Reliance Industries deal latest news: Rs 24,713 crore deal on hold! Amazon gets interim relief from arbitration panel

Future-Reliance Industries deal latest news: Rs 24,713 crore deal on hold! Amazon gets interim relief from arbitration panel

Sun, Oct 25, 2020

Future-Reliance deal latest news: Amazon on Sunday won an interim award against its partner Future group selling retail business to Reliance Industries Ltd for Rs 24,713 crore after a Singapore-based single judge arbitration panel put the deal on hold

Future Group to go for mediation over Amazon's legal notice on Rs 24,713-cr deal with RIL

Future Group to go for mediation over Amazon's legal notice on Rs 24,713-cr deal with RIL

Thu, Oct 08, 2020

US online retailer Amazon.Com Inc has slapped a legal notice on Future Group, alleging that the retailer's Rs 24,713 crore asset sale to Reliance Industries violated an agreement with the e-commerce giant.

Amazon sends legal notice to Future Group over Reliance deal

Amazon sends legal notice to Future Group over Reliance deal

Thu, Oct 08, 2020

Amazon.com Inc said on Wednesday it has sent a legal notice to a promoter of Future Group, alleging the Indian retailer breached the terms of its contract by signing a deal with Mukesh Ambani`s Reliance Industries.

Reliance buys Future Group, almost doubles retail footprint with acquisition

Reliance buys Future Group, almost doubles retail footprint with acquisition

Mon, Aug 31, 2020

Reliance Industries Ltd's acquisition of debt-strapped Future Group will almost double the footprint of its retail business, which now is valued at up to USD 68 billion, analysts said.

Anil Singhvi on RIL-Future deal; Market Guru says positive for RIL shares; reveals who all will benefit

Anil Singhvi on RIL-Future deal; Market Guru says positive for RIL shares; reveals who all will benefit

Mon, Aug 31, 2020

RIL-Future Group deal; The deal between Reliance Retail and Future Group is positive for Reliance Industries Limited (RIL), Zee Business Managing Editor Anil Singhvi said. After this acquisition, Reliance Retail becomes a sizeable company, the Market Guru said

Reliance-Future Group deal decoded! Here is what it means for investors

Reliance-Future Group deal decoded! Here is what it means for investors

Mon, Aug 31, 2020

The deal between Reliance Retail and Future Group will take conglomerate Reliance Industries Limited (RIL) to a whole new level, market expert Varinder Bansal told Zee Business Managing Editor Anil Singhvi. This deal is very good for Reliance Retail and RIL, Bansal said

Stocks in Focus on August 31: Wockhardt, Future Group, SBI to NMDC; here are the 5 Newsmakers of the Day

Stocks in Focus on August 31: Wockhardt, Future Group, SBI to NMDC; here are the 5 Newsmakers of the Day

Mon, Aug 31, 2020

Domestic equity benchmarks ended with significant gains on Friday, August 28, 2020, after the US Federal Reserve said it might keep interest rates low even if inflation rises, in a major overhaul to its strategy. the S&P BSE Sensex, advanced 353.84 points or 0.90% at 39,467.31.

Future Generali Insurance announces promotion, pay hike for employees

Future Generali Insurance announces promotion, pay hike for employees

Wed, Jul 08, 2020

The company has also taken multiple initiatives towards employee wellness and engagement during the lockdown period including counselling for employees and their families to help them cope with changes brought about by the pandemic such as anxiety, stress or work-life balance, the statement said.

Q4F19 Results: Future Generali India Insurance logs 33 pct growth in FY19

Q4F19 Results: Future Generali India Insurance logs 33 pct growth in FY19

Wed, Jun 05, 2019

Future Generali India Insurance reported revenue for FY18-19 grew by Rs. 650 crore to Rs. 2,601 crore while Net Profit grew by 50% to Rs.118 crore in FY18-19.

Exclusive conversation with Future Group chief Kishore Biyani

Exclusive conversation with Future Group chief Kishore Biyani

Thu, Dec 27, 2018

In an exclusive conversation with Zee business, Future Group chief Kishore Biyani shares his view about the new e-commerce laws.

Walmart-Flipkart deal: Kishore Biyani reveals why retailers should not worry

Walmart-Flipkart deal: Kishore Biyani reveals why retailers should not worry

Wed, May 16, 2018

The combination of physical and digital retail is very necessary, and there are opportunities for everyone, including small players, believes Kishore Biyani chairman and CEO of Future Group.

Future group in talks to buy Snapdeal's logistics arm Vulcan Express

Future group in talks to buy Snapdeal's logistics arm Vulcan Express

Wed, Jan 03, 2018

As per the report, Vulcan Express, which manages about half of Snapdeal's deliveries and shipments, replaced gojavas as the primary logistics partner when it was formed about three years ago.

Future Supply Chain Solutions IPO sees 25% subscription on Day 1

Future Supply Chain Solutions IPO sees 25% subscription on Day 1

Wed, Dec 06, 2017

50% of the issue has been allotted to qualified institutional buyers (QIB), while 15% to non-institutional individuals (NII) and remaining 35% was kept for retail individual investors (RII).

Future Group's Kishore Biyani sees a Rs 1.5 lakh crore opportunity with Easyday stores by 2022

Future Group's Kishore Biyani sees a Rs 1.5 lakh crore opportunity with Easyday stores by 2022

Wed, Nov 22, 2017

Leading retail chain Future Group plans to open 10,000 member-only Easyday stores to make it a Rs 1.5-trillion business opportunity by 2022.

Legacy businesses in India have burnt their fingers tapping the online market; Here’s why

Legacy businesses in India have burnt their fingers tapping the online market; Here’s why

Mon, Sep 25, 2017

With another online venture that may soon bite the dust it goes to show that the e-commerce game is not for everyone.

Future Group’s Big Bazaar launches Smart Search sale to begin from September 1

Future Group’s Big Bazaar launches Smart Search sale to begin from September 1

Mon, Aug 28, 2017

Big Bazaar Smart Search sale will commence soon and we tell you all about it.

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