Future Group
General
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 ......
General
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 ......
General
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 ......
General
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 ......
Consumer
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 ......
Consumer
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 ......
Consumer
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 ......
TMT
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 ......
Consumer
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 ......
General
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, ......