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Page 5 - Kishore Biyani

Committed to helping FRL, don't want the company to go down: Amazon lawyer

Earlier, Future Retail Limited lawyer had argued that the retail firm may go bust and thousands may lose jobs if the Future-Reliance deal does not go through

Committed to helping FRL, don't want the company to go down: Amazon lawyer
Updated On : 05 Feb 2021 | 10:15 PM IST

BSE m-cap at Rs 200 trillion as Sensex ends 358 pts up at 50,614; PSBs jump

Robust buying in shares of ITC, Kotak Mahindra Bank, State Bank of India, Bajaj Finance, ICICI Bank, and M&M helped the benchmark S&P BSE Sensex scale fresh lifetime peak of 50,687.51 level

BSE m-cap at Rs 200 trillion as Sensex ends 358 pts up at 50,614; PSBs jump
Updated On : 04 Feb 2021 | 4:23 PM IST

Top headlines: Air India sale may get govt Rs 15,000 cr, Sebi ban on Biyani

Bharti Airtel posted a consolidated net profit of Rs 854 crore in the third quarter of December FY21, after six straight quarters of losses. Read the top news in Business Standard today

Top headlines: Air India sale may get govt Rs 15,000 cr, Sebi ban on Biyani
Updated On : 04 Feb 2021 | 9:02 AM IST

Sebi bars Kishore Biyani from accessing securities market for one year

SEBI also barred FCRL Employee Welfare Trust and 4 others from securities market for 1 year

Sebi bars Kishore Biyani from accessing securities market for one year
Updated On : 03 Feb 2021 | 7:29 PM IST

Future Group shares fall 5% as Delhi HC orders status quo on Reliance deal

Future Retail said the Company will explore all legal remedies and take appropriate steps to pursue the scheme of arrangement.

Future Group shares fall 5% as Delhi HC orders status quo on Reliance deal
Updated On : 03 Feb 2021 | 2:38 PM IST

Delhi HC orders status quo on $3.4 bn Future Group-Reliance Retail deal

Ruling seen as interim relief to Amazon; next phase of arbitration likely to begin soon in Singapore, say sources

Delhi HC orders status quo on $3.4 bn Future Group-Reliance Retail deal
Updated On : 03 Feb 2021 | 6:20 AM IST

Decoded: Stopping Future's asset sale to Reliance may not be easy

In its petition, Amazon is said to have sought imprisonment of Future group promoters including Kishore Biyani for alleged violation of securities market rules

Decoded: Stopping Future's asset sale to Reliance may not be easy
Updated On : 27 Jan 2021 | 6:10 AM IST

Reliance-Future deal gets Sebi nod, BSE 'no-adverse-observation' status

The Securities and Exchange Board of India (SEBI) allowed the deal with some riders, five months after it was announced last August

Reliance-Future deal gets Sebi nod, BSE 'no-adverse-observation' status
Updated On : 21 Jan 2021 | 3:37 AM IST

HC seeks Future's stand on Amazon plea to set aside court's observations

Delhi High Court sought response of Future Retail on Amazon's plea challenging observations by a judge the US e-commerce giant's attempt to control Indian entity was violative of FEMA and FDI rules

HC seeks Future's stand on Amazon plea to set aside court's observations
Updated On : 13 Jan 2021 | 12:49 PM IST

Biyani sees quick approval of Future's $3.4 bn deal despite Amazon dispute

Future and Amazon are at loggerheads over the Indian group's August deal with Reliance Industries Ltd

Biyani sees quick approval of Future's $3.4 bn deal despite Amazon dispute
Updated On : 10 Jan 2021 | 11:19 PM IST

Sales to normalise by Jan-end, getting orders from Jio Mart: Kishore Biyani

Future Group expects normal sales to return for its retail vertical by the end of January, almost a year after the business was severely hit by pandemic-related disruptions, Kishore Biyani said

Sales to normalise by Jan-end, getting orders from Jio Mart: Kishore Biyani
Updated On : 10 Jan 2021 | 1:52 PM IST

Future-RIL deal: Next phase of Bezos-Biyani battle to begin in Singapore

Singaporean barrister Michael Hwang joins three-member arbitration tribunal at SIAC, which is looking into the dispute over Future Group's $3.4 bn deal with Reliance Industries

Future-RIL deal: Next phase of Bezos-Biyani battle to begin in Singapore
Updated On : 05 Jan 2021 | 10:23 PM IST

We were fed up with your attitude, had to take RIL offer: Biyani to Amazon

"Being totally disillusioned and fed up with your lackadaisical attitude, we were left with no option, but to accept the offer from the Reliance," Biyani said

We were fed up with your attitude, had to take RIL offer: Biyani to Amazon
Updated On : 05 Jan 2021 | 8:02 AM IST

Future, Amazon continue fight; write to Sebi over Future-Reliance deal

Amazon and Future Group have written to market regulator Sebi with contrasting requests over a Rs 24,713 crore buyout of assets of India's second-largest retailer

Future, Amazon continue fight; write to Sebi over Future-Reliance deal
Updated On : 29 Dec 2020 | 5:54 PM IST

Crisis and opportunity: 2020, the year of technology amid Covid-19 pandemic

Tech companies emerged winners from the pandemic, others quickly adapted to change and thrived, but some sank deeper into problems

Crisis and opportunity: 2020, the year of technology amid Covid-19 pandemic
Updated On : 28 Dec 2020 | 11:36 PM IST

Heritage Foods exits Future Retail; sells its entire holding for Rs 132 cr

Heritage Foods has sold its entire holding representing over 3 per cent stake in Kishore Biyani-led Future Retail for around Rs 132 crore in the open market to mainly repay its long term loans.

Heritage Foods exits Future Retail; sells its entire holding for Rs 132 cr
Updated On : 09 Dec 2020 | 10:38 PM IST

Amazon-Future tussle: Singapore's arbitration court rejects Biyani's plea

The company had pleaded that it be excluded from being a party on account of jurisdiction objection

Amazon-Future tussle: Singapore's arbitration court rejects Biyani's plea
Updated On : 26 Nov 2020 | 1:07 AM IST

Keep 'East India Company' rhetoric aside, Amazon invested $6.5 bn: Lawyer

The legal counsel of Amazon told the court that it had introduced Samara, an investor to Future and the term sheet was offered to solve its problems

Keep 'East India Company' rhetoric aside, Amazon invested $6.5 bn: Lawyer
Updated On : 21 Nov 2020 | 10:05 AM IST

Despite the dispute with Amazon, new 'future' awaits Kishore Biyani

Despite the dispute with Amazon, Future group and Reliance seem determined to execute their nearly Rs 25,000-cr transaction. What is Kishore Biyani left with?

Despite the dispute with Amazon, new 'future' awaits Kishore Biyani
Updated On : 13 Nov 2020 | 6:10 AM IST

Future of retail at stake: Why Amazon is feuding with Biyani and Ambani

Amazon is willing to 'sink the ship' but doesn't want Reliance to acquire Future's assets, says one analyst.

Future of retail at stake: Why Amazon is feuding with Biyani and Ambani
Updated On : 12 Nov 2020 | 8:23 PM IST