Future Retail

Big Bazaar vouchers go useless after most stores shut, company to find solution

Most of the Big Bazaar stores owned by Kishore Biyani have been closed and only 30 stores are operational.

May 09, 2022, 15:46 PM IST

CCI does not have powers to keep own order in abeyance: Amazon tells NCLAT in Future case

Senior counsel Gopal Subramaniam, representing Amazon, submitted before the appellate tribunal that the jurisdiction and statutory authority of CCI are in question in the appeal filed by the company.

Feb 25, 2022, 20:19 PM IST

Amazon confirms Samara Capital ready to invest Rs 7,000 crore in FRL to acquire assets

Amazon said the transaction envisaged in the Samara Term Sheet would ensure availability of funds in FRL at the earliest.

Jan 23, 2022, 17:16 PM IST

Future Retail misses due date for payment of Rs 3,494.56 crore to banks

Future Retail has missed the due date for payment of Rs 3,494.56 crore to banks and lenders. 

Jan 02, 2022, 08:29 AM IST

CCI fines Amazon Rs 202 crore suspends approval for deal with Future Coupons

As regards failure to notify combination in terms of the obligation cast under Section 6(2) of the Act, Section 43A of the Act enables the Commission to impose a penalty, which may extend to 1 per cent of the total turnover or the assets, whichever is higher, of such a combination.

Dec 18, 2021, 14:34 PM IST

Future-Reliance deal: SC stays Delhi HC proceedings, asks NCLT, CCI, SEBI not to pass final orders

A bench headed by Chief Justice N V Ramana, in a consent order, also directed the statutory authorities like National Company Law Tribunal (NCLT), Competition Commission of India (CCI) and market regulator Sebi not to pass any final order related to the merger deal for next four weeks.

Sep 09, 2021, 15:19 PM IST

Future Retail appoints Big Bazaar’s chief Sadashiv Nayak as new CEO

Nayak has been associated with Future Group for over 17 years. In the last 8 years as the CEO of Big Bazaar, he has played a pivotal role in making Big Bazaar what it is today. 

Aug 25, 2021, 21:37 PM IST

SC rules in Amazon's favour, holds Singapore EA award against FRL-Reliance Retail merger

FRL had argued that an EA is not an arbitrator under the Indian law as the term does not find any mention in the statute here. 

Aug 06, 2021, 18:45 PM IST

Big Bazaar aims to double online sales contribution, helped by express home delivery service

The two-hour home delivery service has also got an encouraging response from customers amidst the sharp rise in pandemic cases. 

May 02, 2021, 21:38 PM IST

Amazon likely to buy 9.5% stake in Future Retail: Report

The potential deal, which is in its final stages, could be Rs 2,500 crore.

Nov 05, 2018, 13:25 PM IST

Amazon likely to buy 7-8% stake in Future Retail: Report

The potential deal will be next in a series of acquisitions by Amazon.com Inc in one of the fastest-growing markets in the face of competition from Walmart Inc`s Flipkart.

Oct 16, 2018, 12:39 PM IST

These tax saving funds will give you handsome returns in 5 years

Fund manager looks for scalable businesses with a high return on capital and structural growth.

Dec 12, 2017, 11:23 AM IST

Future Retail looks to expand neighbourhood stores

Kishore Biyani's Future Retail is looking at aggressive expansion of its 'neighbourhood stores' Easy Day and Heritage Fresh to 4,000 stores in three to five years.

May 24, 2017, 13:56 PM IST

UK's Laura Ashley to set foot on India via Future Retail deal

UK's home furnishing brand Laura Ashley will enter India through a licensing deal with the Kishore Biyani-led Future Retail.

Feb 23, 2017, 18:43 PM IST

Future Retail changes name to Future Enterprises

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

May 11, 2016, 13:14 PM IST

Future Group open to selling Sri Sri Ayurveda products: Biyani

Home-grown retail major Future Group today said it is open for selling ayurvedic FMCG products of Sri Sri Ayurveda promoted by Sri Sri Ravi Shankar of Art of Living, as it has done with the range of products of Baba Ramdev-led Patanjali Ayurveda.

Mar 13, 2016, 00:30 AM IST

Watch: Expert advice on Gati, Future Retail & L&T

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Dec 23, 2015, 16:12 PM IST

Future Group-Bharti Retail's Rs 750-crore deal gets CCI nod

Competition Commission has cleared the proposed Rs 750-crore multi-tier merger deal between Future Group and Bharti Retail.

Aug 27, 2015, 16:04 PM IST

Future Retail Q1 net profit falls 91% to Rs 6 crore

The company had posted a net profit of Rs 66.48 crore in the same period of previous fiscal, Future Retail said in a BSE filing.

Aug 07, 2015, 16:59 PM IST

Trading in Future Retail shares under the lens

Sharp movements in shares of Future Retail, which Monday unveiled a deal with Bharti Retail, have come under the regulatory scanner for suspected trading on the basis of "unpublished price-sensitive information".

May 04, 2015, 22:21 PM IST