Future Retail

Showing of 1 - 20 from 29 results
Future Retail - Total results - 29
Supreme Court halts Future Retail’s Rs 24,713 crore deal with Reliance on Amazon’s plea
Business

Supreme Court halts Future Retail’s Rs 24,713 crore deal with Reliance on Amazon’s plea

The apex court said the proceedings before the National Company Law Tribunal (NCLT) will go on and but will not culminate into any final order on an amalgamation of FRL with Reliance

Amazon faces ED probe for alleged violation of the foreign exchange laws and rules of the country
Business

Amazon faces ED probe for alleged violation of the foreign exchange laws and rules of the country

The Delhi HC says that the company's attempt to control Future Retail through a series of agreements is a violation of the FDI laws.

Future Retail to raise up to Rs 650 cr to reduce debt by issuing non-convertible debentures
Business

Future Retail to raise up to Rs 650 cr to reduce debt by issuing non-convertible debentures

Debt-ridden Future Retail on Wednesday said its board has approved raising up to Rs 650 crore by issuing non-convertible debentures (NCDs) to pare debt

Amazon India inks long-term deals with Future Group for expanding reach of retail stores, consumer brands
Business

Amazon India inks long-term deals with Future Group for expanding reach of retail stores, consumer brands

Amazon India on Monday said it has entered into long-term business agreements with Future Group for expanding the reach of the latter's retail stores and consumer brands through its online marketplace

Shares of Future group companies zoom after CCI gives nod to Amazon-Future Coupon deal
Business

Shares of Future group companies zoom after CCI gives nod to Amazon-Future Coupon deal

Future Retail surged nearly 18.22 percent to Rs 387.90. After shedding some gains, it was trading 13.61 percent up at Rs 372.75.

Competition Commission of India questions Amazon's bid to buy stake in Future Retail
News & Analysis

Competition Commission of India questions Amazon's bid to buy stake in Future Retail

The CCI sought justification from Amazon which could potentially delay approval of the deal.

Amazon says it has invested Rs 450 crore into its retail, food and payments units in India
News & Analysis

Amazon says it has invested Rs 450 crore into its retail, food and payments units in India

Founder Jeff Bezos has committed to spending more than $5 billion for the Indian market.

Amazon deal to help payments side more, says Future Group founder Kishore Biyani
Business

Amazon deal to help payments side more, says Future Group founder Kishore Biyani

Future Group founder Kishore Biyani has said global e-commerce giant Amazon's investment in the firm is not just to raise money but also to become a part of the ecosystem

Amazon set to buy a minority take in India's Future Retail which also owns Big Bazaar
News & Analysis

Amazon set to buy a minority take in India's Future Retail which also owns Big Bazaar

The companies did not disclose the value of the deal, which gives Amazon a 3.58 percent stake.

Amazon to buy 49% stake in Kishore Biyani-led Future Retail promoter entity, stock dives 5.6%
Business

Amazon to buy 49% stake in Kishore Biyani-led Future Retail promoter entity, stock dives 5.6%

Future Retail shares plunged more than 5 percent after the company announced the sale of 49 percent stake in promoter entity Future Coupons to e-commerce giant Amazon

Amazon in advanced talks to buy 8-10% stake in Kishore Biyani-led Future Retail; deal expected to close in next few weeks
Business

Amazon in advanced talks to buy 8-10% stake in Kishore Biyani-led Future Retail; deal expected to close in next few weeks

American e-commerce giant Amazon is in an advanced stage of discussions with Future Retail Ltd for picking up 8-10 percent stake in the Indian retail chain, according to sources

Reliance Retail eyes consumer-focused retail businesses, plans to focus on last-mile delivery
Business

Reliance Retail eyes consumer-focused retail businesses, plans to focus on last-mile delivery

While most retailers are trying to bank on an omnichannel strategy, Reliance Retail is working on a unique Offline to Online (O2O) model

Reliance Jio Digital Services acquires AI firm Haptik in Rs 700 cr-deal; investment focus on expansion of platform
Business

Reliance Jio Digital Services acquires AI firm Haptik in Rs 700 cr-deal; investment focus on expansion of platform

Reliance will hold about 87% of the business with the rest being held by Haptik founders and employees through stock option grants.

US-based 7-Eleven to make India foray through Future Retail; firm’s first store likely to open this year
Business

US-based 7-Eleven to make India foray through Future Retail; firm’s first store likely to open this year

Future Group said 7-Eleven's entry into the country will modernise the small-retail environment and bring greater convenience to shoppers.

Bharti Enterprises sells Future Retail's 57 lakh shares worth around Rs 300 crore
Business

Bharti Enterprises sells Future Retail's 57 lakh shares worth around Rs 300 crore

Edelweiss group firm Ecap Equities Ltd bought 16.5 lakh shares worth over Rs 87 crore while Edelweiss special opportunities fund purchased 40.43 lakh shares valuing Rs 212 crore.

Amazon in advance stage to buy 9.5% stake in Kishore Biyani-led Future Retail; deal estimated to be around Rs 2,000 cr
Business

Amazon in advance stage to buy 9.5% stake in Kishore Biyani-led Future Retail; deal estimated to be around Rs 2,000 cr

The agreement could also include Amazon buying out Biyani and promoter group's entire holding in Future Retail subject to applicable regulations in India.

Amazon to buy 9.5% stake in Kishore Biyani's Future Retail for Rs 2,500 crore, deal to be announced on 14 November
Business

Amazon to buy 9.5% stake in Kishore Biyani's Future Retail for Rs 2,500 crore, deal to be announced on 14 November

The 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

Amazon, Alibaba are shopping in India to up the ante in the groceries battleground; target brick-and-mortar retailers
Business

Amazon, Alibaba are shopping in India to up the ante in the groceries battleground; target brick-and-mortar retailers

India’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.

Kishore Biyani's Future Retail gains on reports tech giants Google, Amazon could invest in flagship
Business

Kishore Biyani's Future Retail gains on reports tech giants Google, Amazon could invest in flagship

Future Retail Ltd’s shares jumped some 6.2 percent on Monday, their biggest intra-day percentage gain since 25 May, 2018.

Bharti Group arm sells Future Retail shares worth Rs 1,697 crore via open market transactions
Business

Bharti Group arm sells Future Retail shares worth Rs 1,697 crore via open market transactions

The shares were offloaded at an average price of Rs 560.01, valuing the transaction at Rs 1,696.83 crore