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16 Jul 2023

Meet The Man Who Forged A ₹17,000 Crore Empire From A Small Shop

His tale illustrates how those ideas took off because he was quick to conceptualise them. Kishore is the creator of businesses like Future Group, Big Bazaar, and Pantaloon Retail.

25 Feb 2022

CCI does not have powers to keep own order in abeyance: Amazon tells NCLAT

Senior counsel Gopal Subramaniam, representing Amazon, submitted before the appellate tribunal that the jurisdiction and statutory authority of CCI are in question in the appeal filed by the company. Form II pertains to submission of summary of a proposed combination. While listing the matter for Monday, NCLAT also said that it would try to commence day-to-day hearing in the matter.

23 Jan 2022

Amazon confirms Samara Capital ready to invest Rs 7,000 crore in FRL

Amazon said the transaction envisaged in the Samara Term Sheet would ensure availability of funds in FRL at the earliest. Future and Amazon have been locked in a bitter legal tussle after the US e-commerce giant dragged Future Group. Earlier this month, Future Retail had said it had missed the due date for payment of Rs 3,494.56 crore to banks and lenders.

02 Jan 2022

Future Retail misses due date for payment of Rs 3,494.56 crore to banks

Future Retail had last year entered into a one-time restructuring scheme for COVID-19 hit companies with a consortium of banks and lenders. The company was to cough "an aggregate amount of Rs 3,494.56 crore" on or before December 31, 2021. There were 28 banks, which have lent money to the group's retailing firm.

28 Nov 2021

ED summons Amazon, Future Group officials over 2019 deal

Amazon received a summons issued by India`s Enforcement Directorate in connection with the Future Group. The deal is at the heart of ongoing legal disputes between the two firms. At least two Amazon India executives, including its legal head, have also been summoned.

22 Jul 2021

Amazon gets show-cause notice from CCI on Future Group’s complaint

Future has submitted a copy of the show-cause by CCI on Thursday to the Supreme Court. Deals beyond a certain threshold require approval from the CCI. The CCI had sent a notice to Amazon on June 4.

24 Jun 2017

Future Group's Central looks at 40% growth in 2017-18

The group is also looking to open 15 stores in the current fiscal year so that the total stores will be 50 by the end of this year, Biyani said at the launch of a Central store here which houses Biswa Bangla products.

23 Feb 2017

UK's Laura Ashley to set foot on India via Future Retail deal

UK's home furnishing brand Laura Ashley will enter India through a licensing deal with the Kishore Biyani-led Future Retail.

20 Oct 2016

Retailers meet Arun Jaitley, discuss issues concerning steep discount by e-tailers

Future Group CEO Kishore Biyani and other retailers on Thursday demanded a level-playing field for brick-and-mortar stores vis-a-vis e-commerce players.

Grocery shopping

22 Jun 2016

Soon, buy groceries on EMIs of three months to two years

11 May 2016

Future Retail changes name to Future Enterprises

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

12 Mar 2016

Future Group open to selling Sri Sri Ayurveda products: Biyani

Home-grown retail major Future Group today said it is open for selling ayurvedic FMCG products of Sri Sri Ayurveda promoted by Sri Sri Ravi Shankar of Art of Living, as it has done with the range of products of Baba Ramdev-led Patanjali Ayurveda.

10 Oct 2015

Morning headlines @ 7 am

09 Oct 2015

Baba Ramdev's Patanjali enters big retail with Future Group tie-up

Competition Commission

27 Aug 2015

Future Group-Bharti Retail's Rs 750-crore deal gets CCI nod

Competition Commission has cleared the proposed Rs 750-crore multi-tier merger deal between Future Group and Bharti Retail.

02 Jul 2015

Flipkart ties up with three major home retailers

E-commerce giant Flipkart today announced a strategic partnership with three of the country's largest home retail brands--Home Town (Future group), HomeStop (Shoppers Stop) and @Home.

05 May 2015

Future Group, Bharti Retail to merge retail biz; Biyani to take control

In a two-tier deal announced Monday, Future Retail will demerge its retail business to be merged into Bharti Retail, while Bharti's retail infrastructure business will also undergo a similar process to be merged into Future Retail.

04 May 2015

Future Group's retail biz to merge with Bharti Retail

The board of Future Retail, at its meeting held on Monday, approved the demerger of retail business of Future Retail and merge it into Bharti Retail, Future Retail said in a filing to the BSE.

04 May 2015

Future Group's retail business to merge with Bharti Retail

Homegrown Future Group has decided to merge its retail business with Bharti Retail.

16 Apr 2015

Future Group, Bharti Retail in talks for partnership

A multi-structured deal on the basis of share swap is being worked out between the two partners, post which Kishore Biyani-led Future Group will become the majority partner, according to sources.

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