Kishore Biyani
Kishore Biyani News

As deal with Reliance stalls, it’s Future Imperfect for Big Bazaar owner
Amazon, which cannot itself acquire Future, tries to block the Future-Reliance transaction, putting livelihoods, lenders and vendors at risk.

Amazon seeks control of Future Group's assets worth Rs 30,000 crore through investment of Rs 1,431 crore
Amazon's investment exposure is limited to Rs 1,431 crore in Future Coupons Ltd (FCL) alone. It would be noteworthy to note that Future Group's assets are worth in excess of Rs 30,000 crore

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

Future Lifestyle Fashions to raise over Rs 600 cr from promoters, IFC; funds will be use to cut debt, enhance stake in subsidiaries
Kishore Biyani-led Future Lifestyle Fashions on Thursday said its board has approved raising over Rs 610 crore from its promoters and IFC, which will be used for enhancing stake in subsidiaries and debt reduction

Amazon Smbhav celebrates Indian SMBs
Mr. Murthy advised SMBs to embrace discipline, hard work, good work ethics, and good values.

Future Retail raises $500 mn from international bond market; proceeds to be utilised to purchase stores
Kishore Biyani-led Future Retail on Wednesday said it has raised $500 million through dollar-denominated bonds

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

Blackstone invests Rs 1,750 cr in Future group; to bring global perspectives to take us to next level, says Kishor Biyani
Leading global investment firm Blackstone has invested Rs 1,750 crore in Kishore Biyani led Future group firm Future Lifestyle Fashions Ltd (FLFL)

Auto sector crisis: Industry's failure to detect looming slowdown exacerbated situation; other businesses must take cue and be vigilant
In the first five months of the financial year, the sales of passenger vehicles fell 24 percent over the year-ago period to 1.1 million units.

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 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
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

Future Group starts listing brands, products on Amazon; US e-commerce major may buy stake in Future Coupons
Future Group’s Big Bazaar will be one of the preferred sellers on Amazon Now. Amazon is also in talks to buy a stake in Future Coupons, a firm owned by Biyani

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.

Diversifying Future Group in too many categories was a mistake, says founder and CEO Kishore Biyani
Having 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

New e-commerce policy aids smaller players by breaking unholy nexus between marketplace and affiliate sellers
The domestic lobby has succeeded in convincing the government that friendliness towards FDI in e-commerce should not hamper healthy competition

Walmart India names Sameer Aggarwal as chief business officer; Devendra Chawla quits as COO
Walmart India elevated Aggarwal its EVP, chief strategy and administrative officer as the chief business officer with immediate effect.

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
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