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Grapevine: GIC, others may invest in WhiteHat Jr; Future Group may sell logistics biz

General

22 May, 2020

Grapevine: GIC, others may invest in WhiteHat Jr; Future Group may sell logistics biz

Edtech startup WhiteHat Jr is looking to raise up to $50 million (about Rs 380 crore at current exchange rate) ......

Grapevine: Biyani seeks Blackstone help to cut debt; Reliance may sell Asian Paints stake

General

08 May, 2020

Grapevine: Biyani seeks Blackstone help to cut debt; Reliance may sell Asian Paints stake

Kishore Biyani’s Future Group has approached private equity (PE) firms, including its existing investor Blackstone, as it...

Grapevine: Biyani to sell more stake in Future Retail to Amazon

General

07 May, 2020

Grapevine: Biyani to sell more stake in Future Retail to Amazon

Private equity firm CVC Capital Partners is expected to buy a large stake in HealthCare Global Enterprises Ltd (HCG), which ......

Grapevine: Biyani mulls stake dilution in Future Retail, Future Generali merger

General

27 March, 2020

Grapevine: Biyani mulls stake dilution in Future Retail, Future Generali merger

Future Group founder Kishore Biyani is exploring a significant stake dilution in Future Retail and a merger of insurance joint...

Grapevine: Facebook eyes Jio stake; Future group puts insurance venture on block

General

25 March, 2020

Grapevine: Facebook eyes Jio stake; Future group puts insurance venture on block

Facebook is close to signing a multibillion-dollar deal for a 10% stake in heavily-indebted Reliance Jio, which boasts the acquisition...

Indian retailers see revenue hit, job losses on coronavirus outbreak

Consumer

23 March, 2020

Indian retailers see revenue hit, job losses on coronavirus outbreak

The coronavirus pandemic amid an economic slowdown has hit revenue at Indian retailers selling non essential items like clothes...

IFC to invest nearly $30 mn in Future Lifestyle Fashions

Consumer

20 February, 2020

IFC to invest nearly $30 mn in Future Lifestyle Fashions

International Finance Corporation will invest Rs 213 crore ($29.7 million) in Future Lifestyle Fashions Ltd, joining private equity...

Reliance Retail worth twice DMart's valuation as RIL proposes share swap

Consumer

26 December, 2019

Reliance Retail worth twice DMart's valuation as RIL proposes share swap

Reliance Retail Ltd has emerged as the most valued retailer in the country after parent Reliance Industries Ltd proposed a ......

Waheed Alli-owned firm to buy Koovs as Biyani's Future Lifestyle fails to invest

TMT

11 December, 2019

Waheed Alli-owned firm to buy Koovs as Biyani's Future Lifestyle fails to invest

Online fashion retailer Koovs Plc said on Tuesday a company owned by chairman Waheed Alli has acquired its business after ......

Future Consumer names seasoned FMCG exec as CEO

Consumer

03 December, 2019

Future Consumer names seasoned FMCG exec as CEO

Kishore Biyani-led Future Consumer Ltd said on Tuesday it has appointed Rajnikant Sabnavis, a veteran of the fast-moving consumer...

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