Future Group, Bharti Retail to merge retail biz; Biyani to take control
In a two-tier deal announced Monday, Future Retail will demerge its retail business to be merged into Bharti Retail, while Bharti's retail infrastructure business will also undergo a similar process to be merged into Future Retail.
May 04, 2015, 18:49 PM ISTFuture Retail jumps 12% on retail biz merger
Shares of Future Retail climbed 12 percent on Monday as the company approved the demerger of retail business and merge it with Bharti Retail.
May 04, 2015, 18:33 PM ISTCompanies line up rights issue worth Rs 4,000 cr
Indian companies including Future Retail and Zee Media Corp have lined up rights issue worth nearly Rs 4,000 crore in 2015 for repayment of loan and to support working capital requirements.
Jan 07, 2015, 17:02 PM ISTFuture Retail's Rs 1600 cr rights issue to open on Jan 15
Future Retail promoted by Kishore Biyani on Tuesday said its Rs 1600 crore rights issue will open on January 15, 2015 and close on January 29, 2015.
Dec 23, 2014, 14:45 PM ISTFuture Group acquires Nilgiris for Rs 300 crore
Future Consumer Enterprise Ltd, the food and FMCG arm of Kishore Biyani-led Future Group, on Friday acquired south India-based convenience store chain Nilgiris for nearly Rs 300 crore.
Nov 21, 2014, 11:22 AM ISTSebi approves upto Rs 1,600 crore rights issue of Future Retail
Kishore Biyani-promoted Future Retail has received market regulator Sebi's approval to raise up to Rs 1,600 crore through rights issue.
Oct 15, 2014, 13:53 PM IST