Page 8 - Kishore Biyani

Top events today: Biyani-Bezos meet, Cong's Delhi polls list, and more

Business Standard brings you top events that are lined up for Friday

Digital, physical retail have own advantages, challenges: Kishore Biyani

Biyani explained that physical retailers will need digital, while digital will need physical presence because of the costs related to acquiring customer and fulfilling orders

Amid traders' protest, Kishore Biyani to meet Jeff Bezos on Friday

On the cards is a tie-up in online payments, something the two companies have been contemplating as part of the second phase of their partnership

Future Retail raises $500 million through dollar-denominated bonds

Proceeds from the offering will be utilised to purchase store assets from Future Enterprises Ltd

Amazon India inks two long-term agreements with Future Retail, FCL

The development comes after Amazon had agreed to buy 49% stake in Future Coupons Ltd

Big Bazaar may beat Grofers, Flipkart, become lead grocery seller on Amazon

At present, Big Bazaar fulfills 300 to 1,000 orders per day per store for Amazon

7-Eleven tweaks convenience store format for India roll-out next year

Experts say the emphasis on eating out at 7-Eleven in India is linked in part to curbs on foreign direct investment in multi-brand retail in the country

Creation phase over, Future now looking to become a cost leader: CEO Biyani

We have to become a cost leader in whatever we do. And derive more from less, says Kishore Biyani

Blackstone invests Rs 1,750 cr in Ryka, acquires 6% in Future Lifestyle

The fund would be utilised to "retire/pre-retire" all existing financial obligations of Ryka

Kishore Biyani-led Future Retail Q2 net profit down 7% at Rs 165.08 cr

The company had reported a net profit of Rs 177.37 crore in July-September quarter a year-ago

Future group ties up with US food major Dole for packaged food distribution

Kishore Biyani-led group has said that the present partnership is for distribution of Dole's packaged food in India; local manufacturing will follow

Fashion firms feel slowdown pangs for second straight quarter; sales down

Same-store sales growth down to 2-7% in Q1, lower than 3-9% reported in Q4

Poor consumer confidence hits rural FMCG demand; sales growth drag

FMCG product sales in the rural market in this quarter grew by a meagre 5.9%

Kishore Biyani's Future Enterprises plans to raise up to Rs 900 cr via NCDs

Future Enterprises said this fund raising plan is subject to approval by the members of the company

Kishore Biyani's Foodhall plans to tap 2-hour e-deliveries segment

The company has entered into a strategic partnership with Scootsy, a hyper-local delivery platform

Future Retail reappoints Kishore Biyani as managing director for 3 years

Future Retail is part of Future Group founded by Kishore Biyani, who is also the Group's chief executive officer

Kishore Biyani may keep FMCG arm off the deal table in talks with Amazon

This comes as Biyani charts out an aggressive future for the company, predicated on a series of launches, brand tie-ups

Future Group's Kishore Biyani expects 33% growth in retail business in FY19

Hyderabad, 24 JanuaryKishore Biyani's Future Group is expecting Rs 400 billion revenue from its retail business in 2018-19. Expansion of the store network under various formats and product launches would fuel the growth from around Rs 300 bn in this financial year, said Biyani, group chief executive.The group has four listed retail entities -- Future Retail, Future Lifestyle Fashion, Future Consumer and Future Enterprises. Their combined revenue was Rs 286 bn in 2016-17. Biyani expects the retail businesses to show 33 per cent growth in FY19, as compared to five per cent this financial year. Adding South India's staple, rice, to its food product basket, Future Consumer launched Sona Masoori, a fine rice variety, under its Rs-120 billion Golden Harvest brand on Wednesday in Hyderabad, biggest grossing city for the group across segments. The company also introduced a subscription model, like door delivery of milk, for rice delivery."We have launched most of our retail formats and ...

Online retail has a threat from us, we don't: Kishore Biyani

Alibaba is only buying physical retail, so is Amazon and therefore times have changed, says Biyani

Future Group's Kishore Biyani to buy HyperCity for Rs 911 crore

The takeover value of Rs 911 crore includes Rs 655 crore of stock and cash, remaining being debt