05 September 2022, Mumbai:
Reliance Retail was the largest customer of Future Consumer Ltd (FCL) in fiscal year ’22, contributing 63 per cent of its sales.
FCL is the FMCG arm of the KishoreBiyani-led ...
... Future Group owner KishoreBiyani enterprise total expenses were higher at Rs 1,438.35 crore from Rs 984.05 crore in the year-ago period, it said.
The company said it incurred losses primarily due to ...
... READ ABFRL to develop customer experience program
RELATED NEWS . ABFRL bags seven VM&RD awards
Launched in Kolkata in the year 1997 by pantaloons founder KishoreBiyani, with its first store at ...
... Future Retail, though cases against Future Retail’s founder KishoreBiyani and his other companies can continue.
Explore: Fashion Brand News l Apparel News l Lifestyle News l Retail News l Textile News l Trade ...
25 June 2022, Mumbai:
Edelweiss is in talks to sell Future Lifestyle's Cover Story to Reliance Retail.
Future Retail to sell fast-fashion brand Cover Story for Rs 200 crore while the KishoreBiyani-owned ...
25 May 2022, Mumbai:
Four listed firms of the KishoreBiyani-led Future Group on Tuesday expressed their inability to convene a board meeting before May 30 to approve their financial results for the ...
... and collusion' with the company and its promoters KishoreBiyani.
RELEVANT NEWS Reliance Retail takes over Future Group stores
Amazon also urged the tribunal to investigate fraudulent and malicious ...
03 May 2022, Mumbai:
Biyani plans to sell some assets, and repay debt partly.
Future group promoter Kishore Biyani is plotting a comeback in the retail space by selling some assets and repaying part ...
... KishoreBiyani promoted Future Retail (FRL) time to file its response to a plea filed by the state-owned Bank of India under the Insolvency & Bankruptcy Code (IBC).
RELEVANT NEWS Reliance Retail takes ...
... Economic Times on April 25, after Reliance Industries (RIL) called off its deal to buy assets of the KishoreBiyani-owned retailer.
The news report had claimed that the company had already finalised ...
25 April 2022, Mumbai:
Future may Sell Some Brands to Raise Rs 1kcr.
Future Group has started the revival process for Future Lifestyle Fashion (FLF) which has not defaulted on loan repayments. FLF ...
18 April 2022, Mumbai:
Refuting Amazon’s allegations, KishoreBiyani-led Future Retail said, the meetings of shareholders and creditors scheduled next week to consider and approve the sale of its retail ...
18 April 2022, Mumbai:
If Reliance proposes to take over a large chunk of Biyani co's dues, lenders may be keen to vote in scheme's favour.
In a huddle: Shareholders & Creditors.
ALSO READ Reliance ...
... KishoreBiyani-led entity comes in the wake of a warning by Amazon, which wants to block the deal.
RELATED NEWS Future Group looks at Selling its Stake in Insurance JV to Italian Partner
Earlier this ...
... late Tuesday to chairman KishoreBiyani and other promoters of FRL, the US e-commerce company termed the planned meetings as illegal.
These would not only breach the terms of Amazon's 2019 investment ...
... Future Retail asks court to declare arbitration with Amazon illegal
KishoreBiyani, Founder and CEO, Future Group has been reappointed as the Executive Chairman of Future Retail for another three years, ...
...
The portfolio rejig has come at a time when the Jeff Bezos-founded company is fighting a legal battle with Reliance Industries to stop the Mumbai-based conglomerate from acquiring KishoreBiyani’s Future ...
... staff, who would have otherwise lost their jobs.
In August 2020, the KishoreBiyani-led Future Group sold its retail and wholesale business along with logistics and warehousing verticals to Reliance ...
24 February 2022, Mumbai:
Future Group recently informed the Supreme Court it will not be able to implement Amazon’s agreement to invest Rs 1,431 crore to acquire 49 percent equity in Future Coupons. ...
15 January 2022, Mumbai:
Lenders of Future Retail are likely to seek buyers for the small-format stores to recover dues amounting to Rs 3494.5 crore after the KishoreBiyani promoted hypermarket failed ...