Page 7 - Kishore Biyani

Kishore Biyani, once India's answer to Sam Walton, bows out of retail biz

Mismatch between ambition and resources; debt does him apart, say experts

Future goes to RIL: Biyani, pioneer of retail, bows to winds of change

Biyani (59), who started his business in 1987 by launching Manz Wear which later adopted the brand name of Pantaloon, has agreed to hand over the control of his retail empire to relatively new entrant

Future Retail, Future Lifestyle: How Future Group stocks look on the charts

Future Consumer faces a stiff resistance around Rs 12.50 levels. Here's a look at how the Future Group stocks look on charts.

Future Retail repays $14 mn interest to investors, averts default

Kishore Biyani-led Future Retail has averted a default as it repaid around $14 million (around Rs 100 crore) interest on foreign bonds to investors.

Future group bankers may take 40% haircut even after key biz sale to RIL

As per a plan negotiated between Kishore Biyani, Indian lenders and RIL, banks will have to wait till RIL invests in Future Enterprises after three other group firms are merged into it

Future Enterprises board likely to discuss merger plan on Saturday

RIL may pick up 50% in merged entity

RIL close to acquiring Future Retail, finalises plan with lenders

RIL, Future stocks go up on finalisation of acquisition talks

Covid-19 impact: Debt woes keep future uncertain for Kishore Biyani firms

Aggressive expansion plans have led to cost overrun, sliding profits for Future Group firms

Future group eyes insurance biz sale to SBI General, Premji Invest

The Future group holds 51 per cent in the general insurance business, while the rest is owned by Italy's Generali group.

Amazon, Carlyle, Brookfield vie for Biyani's Future Supply Chain Solutions

Future Supply Chain Solutions (FSC) is a third-party supply chain and logistics service provider that offers warehousing facilities also.

Future Group in advance talks with RIL to sell stake in retail biz: Report

Future Retail operates 1,500 retail stores that cover over 16 million square feet of retail space in 400 cities

Future Retail to raise up to Rs 650 crore via NCDs to refinance debt

The funds will be used mainly for replacing the company's existing high cost current or near term maturity debts requirements

Top headlines: Google faces antitrust case in India, Ola buys Dutch firm

Business Standard brings to you the top headlines of the day

Amazon, Future Group in talks over sale of stake in Future Retail

The move came after Future group firms defaulted on loans taken against the pledged shares of Future Retail in March, which also impacted its share price

Top headlines: Service activity falls in Apr, fuel excise hike to help govt

Business Standard brings to you a snapshot of events which made it to the headlines today

Covid-19: Future Lifestyle seeks recast of payment to operational creditors

CARE Ratings has revised outlook on Future Lifestyle Fashions Ltd's long term loans from "positive" to "negative"

Investigating social media rumours about financial abilities: Future Group

Referring to rumours that have been doing rounds and, specifically, one WhatsApp message portraying names of lenders and debt numbers for Future Group, Biyani said it is impacting its listed entities

Kishore Biyani redesignated as non-executive VC at Future Lifestyle

The re-designation is based on the recommendations of the nomination and remuneration committee, the company said.

Amazon-Future tie-up spans verticals, initiatives; joint marketing on cards

Amazon is also pushing its Amazon Now app aggressively to its Prime members, for which it has enlisted Big Bazaar as its delivery partner

E-commerce giant Amazon buys 49% stake in Kishore Biyani's Future Coupons

Through this transaction, Amazon has managed to acquire around a 3.6 per cent stake in the Future group