Page 3 - Kishore Biyani

Amazon says anyone aiding FRL shareholders meeting is party to fraud

In a 16-page letter to Kishore Biyani, his daughter Ashni and other promoters, Amazon has said such meetings violate Singapore tribunal's injunction on sale of retail assets to RIL

Future Retail defaults on repayment of Rs 5,322-cr debt

Future Retail Ltd said it has missed the due date for repayment of Rs 5,322.32 crore to lenders on account of the ongoing litigations with Amazon and other related issues

Future Retail, Future Enterprises default on Rs 8,158-cr loan repayments

FRL said it has missed the due date for repayment of Rs 5,322.32 cr to lenders on account of the ongoing litigations with e-commerce major Amazon and other related issues

Took steps to ensure biz continuity: RIL defends takeover of Future stores

Future Retail had earlier written to RIL over the takeover of its stores, according to three people in the know

Future Retail CEO resigns amid legal battle, debt recovery

FRL also said in Thursday's stock exchange filing that Kishore Biyani, founder and CEO of Future Group, was re-appointed as executive chairman of Future Retail for three years

Future group firms to convene shareholder, creditors meeting in April

Future Group's 19 companies operating in retail, wholesale, logistics and warehousing assets would be consolidated into one entity, FEL, and then transferred to Reliance

Amazon threatens legal proceedings against Future Retail, promoters

Amazon Future case: Amazon is fighting a legal battle with FRL to stop the Kishore Biyani-led retailer's $3.4 billion deal with Reliance Industries Limited.

Future Group firms' stock jumps as Reliance plans retail stores' takeover

Shares of Future Supply Chain Solutions, Future Retail, Future Lifestyle Fashions, Future Consumer and Future Enterprises rose between 7% and 16%

Scaling down ops to cut losses, says FRL as Reliance takes over its stores

Future Retail on Saturday said long-stop date for deal with Reliance has been extended to September 30, 2022

Top headlines: Future seeks time; RIL weighs in on Videocon's oil assets

The government's borrowing in the FY23 Union Budget may get trimmed by Rs 63,500 crore. More on that in our top headlines.

IFCI invokes promoter Kishore Biyani's stake in two Future companies

Biyani stake in group companies falls steadily

HC rejects Future's plea to stay Singapore arbitrator's order: Report

Amazon and Future Group are embroiled in legal battles since the latter entered into an agreement with Reliance Retail to sell its retail assets for Rs 24,713 crore in 2020

NCLT allows Future Group to hold EGMs to sell businesses to Reliance

Will seek shareholder approval to sell assets to Reliance Retail

Kishore Biyani's remuneration fell 44% to Rs 2.17 crore last fiscal

The remuneration of Kishor Biyani, Chairman of debt-ridden Future Retail Ltd, declined nearly 44 per cent to Rs 2.17 crore in the last financial year.

Future Retail appoints Sadashiv Nayak as CEO effective August 25

Future Retail Ltd (FRL) said Sadashiv Nayak has been appointed as its chief executive officer with effect from Wednesday.

Future group promoters and holding companies approach the SC against Amazon

Future group promoters, including Kishore Biyani and several group holding companies, have approached the Supreme Court against an order passed by the Delhi High Court

RIL-Future deal: Lenders worried over big hair-cuts, IBC option open

Retail entity's cash flows have been hit, and if the merger deal does not go through, the working of restructuring would be under strain

Reliance-Future Retail deal may not impact revenue market share

Reliance Retail, despite the pandemic, hit revenues of Rs 157,629 crore in FY21. The Future group's revenues are merely 7 per cent of this, compared to around 18 per cent in FY20

Big Bazaar's online bet clicks as platform hits 50,000 orders a day

With this, it has achieved half its initial target within two months

Future Retail board approves resolution plan to restructure financial debt

The restructuring would be according to the Reserve Bank of India's circular for companies under stress due to the Coronavirus pandemic.