Future Retail to raise up to Rs 650 cr to reduce debt by issuing non-convertible debentures
• 5 years agoDebt-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
• 5 years agoKishore 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
Future Retail raises $500 mn from international bond market; proceeds to be utilised to purchase stores
• 5 years agoKishore 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
• 5 years agoAmazon 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
• 5 years agoLeading 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
Govindraj Ethiraj • 5 years agoIn 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
• 6 years agoFuture 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%
Fp Staff • 6 years agoFuture 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
• 6 years agoAmerican 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
Fp Staff • 6 years agoFuture 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