Latest News on Future Group
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Future Group - Total results - 72
Feb 26, 2019
Diversifying Future Group in too many categories was a mistake, says founder and CEO Kishore BiyaniHaving diversified into many categories over the years with limited success in some of them, Future Group founder and CEO Kishore Biyani on Tuesday said it was a mistake and the company will now restrict itself to food, fashion and home furnishings verticals
Jan 15, 2019
Amazon's plan to foray into retail food sector may be scuttled by govt's tightening of e-commerce rulesIn 2018, Amazon had proposed $500 million investment in retailing of food products in India.
Dec 27, 2018
New e-commerce policy aids smaller players by breaking unholy nexus between marketplace and affiliate sellersThe domestic lobby has succeeded in convincing the government that friendliness towards FDI in e-commerce should not hamper healthy competition
Nov 27, 2018
Amazon in advance stage to buy 9.5% stake in Kishore Biyani-led Future Retail; deal estimated to be around Rs 2,000 crThe agreement could also include Amazon buying out Biyani and promoter group's entire holding in Future Retail subject to applicable regulations in India.
Nov 05, 2018
Amazon to buy 9.5% stake in Kishore Biyani's Future Retail for Rs 2,500 crore, deal to be announced on 14 NovemberThe deal will give Amazon access to nearly a third of India’s organised food and grocery market through the Big Bazaar and Nilgiris supermarket chains
Sep 20, 2018
Amazon, Samara-owned Witzig Advisory to acquire Aditya Birla Retail's 'More' chain of storesAmazon’s latest acquisition adds more heat to the US e-commerce giant’s battle with Walmart Inc in the Indian market, after Walmart acquired Indian firm Flipkart for $16 billion earlier this year.
Aug 30, 2018
Amazon, Alibaba are shopping in India to up the ante in the groceries battleground; target brick-and-mortar retailersIndia’s overall retail market is pegged at Rs 47 lakh crore and modern retail and e-commerce together make up just about four percent of that pie.
Aug 27, 2018
Kishore Biyani's Future Retail gains on reports tech giants Google, Amazon could invest in flagshipFuture Retail Ltd’s shares jumped some 6.2 percent on Monday, their biggest intra-day percentage gain since 25 May, 2018.
Jun 26, 2018
Italy's Generali Group to raise its stake in Indian insurance joint ventures to 49%Italy's Generali Group will raise its stake in Indian insurance joint ventures -- Future Generali India Life Insurance Company and Future Generali India Insurance Company -- to 49 percent from 25.5 percent at present
Jan 25, 2018
Future Group eyeing Rs 40,000 cr retail business in 2018-19 : CEO Kishore Biyani"We are looking at retail business of Rs 40,000 crore by next year; out of which Hyderabad will contribute Rs 4,000 crore," Future Group CEO Kishore Biyani said