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Future Group

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 tries to reduce ......

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

Cash-strapped Kishore Biyani is offering to sell a significant stake in Future Retail to Amazon to pare debt levels. Future Group ......

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 and ......

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 firms Blackstone ......

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 goods ......

Grapevine: Mitsui mulls fresh-food supply venture with Future Group; Vogo eyes funds

General

26 November, 2019

Grapevine: Mitsui mulls fresh-food supply venture with Future Group; Vogo eyes funds

Japan’s Mitsui & Co. is considering investing in a venture with Future Group that will supply fresh food to Foodhall, ......