SEARCHED FOR:KISHORE BIYANI
RIL in talks with Future’s lenders for 30% haircut
The negotiations involve a haircut of nearly 30% on outstanding loans of more than ₹6,000 ...
Amazon stake knot in any Reliance-Future deal
Amazon owns 3.5% in Future Retail, the Future Group flagship that Reliance Retail is said to be...
Mukesh Ambani nears deal to buy stake in Amazon’s India partner
Reliance is closing in on a deal that would see it acquire stakes in some uni...
Kishore Biyani may sell big Future Retail stake to Amazon
Kishore Biyani is planning to sell a massive stake to Amazon in an attempt to keep ...
Corporate chatter: Covid cloud over Biyani's deal with Reliance Retail; money woes for this Mittal, and Kolkata heiress throws a tantrum
Corporate India saw some intrigue and action even as the novel coronavirus peaks.
Suits & Sayings: Round-up of weekly whispers & murmurs
ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours.
Coronavirus scare: Kishore Biyani plans stake sale in Future Retail, insurance biz to tide over debt woes
Biyani in talks with investors including Premji Invest to sell a large chunk of the promoter stake in FRL
Scarcity premium? After 150% rally in 2020, an unlisted entity tops m-caps of HUL, HDFC Bank
The stock price almost doubled during the lockdown period, rising from Rs 575-600.
2/3rd of top stocks destroyed investor wealth in H1; IndusInd Bank worst hit
As many as 365 of the BSE500 stocks have shed value year to date.
Reliance Industries nears deal to acquire retail businesses of Future Group
A deal with Reliance offers a much comprehensive solution to Kishore Biyani’s debt problems
RIL close to buying Future’s retail business
Several other players like US-based retail giant Amazon had evinced interest in Future Group.
Future Group negotiates rents for its 1,700 stores
The retailer is talking to individual landlords and has carved out multiple negotiation strategies. Its Big Bazaar outlets are offering a revenue share model to landlords. For the landlords not agreeable to the revenue share formula, Future group is seeking either a rent deferral or a reduced payment option and stores that are completely shut, the retailer has sought a total payment holiday.
Kishore Biyani sees a ‘Phygital’ future for retail
Chief of Future Group said physical and online retail channels may converge soon.
Fitch downgrades Future Retail, puts co on rating watch list
The downgrade, Fitch said, reflects the heightened risk to FRL's liquidity position due to a sharp fall in its share price, which has prompted lenders at its promoter shareholder - Future Corporate Resources Pvt Ltd (FCRPL) - to demand more of FRL's shares as collateral.
A grocery tycoon races to keep India fed and his company afloat
Biyani is trying to prop up his supermarket empire besides ensuring his grocery stores has enough stock.