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Future Group

SEBI nod, BSE ‘no-adverse-observation’ given to Reliance-Future deal

Market regulator SEBI gave a go-ahead on Wednesday to Future Group's scheme of arrangement and sale of assets to Reliance, based on which the Bombay Stock Exchange also granted its "no adverse observation" report to the Rs 24,713-crore deal. The Securities and Exchange Board of...

Vineet Jain, Chief Operating Officer, V-Mart Retail Ltd

Vineet Jain is responsible for driving company’s mission and strategy.He is a seasoned and versatile management professional with 24+ years of diversified rich experience mainly in heading Hypermarket, Supermarket Operations and Fashion Business, last few of which he has...

Rajasthan: An emerging modern retail destination with local flavors

The state of Rajasthan, also known as the ‘Land of Kings’ is gradually on its way to becoming a powerhouse of modern retail in India. The economy of Rajasthan is the seventh-largest state economy in India with ₹10.20 lakh...

We were fed up with your lackadaisical attitude, Future Group CEO Kishore Biyani tells Amazon

Opening up after being locked in an intense legal battle with Amazon over the Rs 24,713 crore deal with Reliance, Future Group Founder and CEO Kishore Biyani said in a letter to Amazon.com NV Investment Holdings LLC said, "You were well aware...

Future Group conceptualising 2 new brands, opening new stores even as its firms receive large orders from Reliance

Future Group firms have started getting large orders from Reliance Industries, its CEO Kishore Biyani said in an email to his employees on Tuesday. The group firms Future Consumer and Future Enterprises have recently received orders from Reliance Industries. "We have received a large order...

Retailers hopeful of achieving ~85% pre-COVID sales by June 2021

With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of...

Amazon's manipulative policies to dominate Indian retail must end: CAIT

Trader's body CAIT on Monday said Amazon's "manipulative, coercive, arbitrary and dictatorial policies" to dominate India's retail trade should come to an end, hours after the Delhi High Court passed an order related to Future Group's proposed asset sale to Reliance Retail, a deal...

Delhi High Court dismisses Future Retail's plea against Amazon

The New Delhi High Court on Monday dismissed a plea from Future Group that sought to restrain US partner Amazon.com Inc from interfering in its $3.4-billion asset sale to Reliance Industries. Future Group sold its retail assets in August to...

Big Bazaar turns focus to Tier II, will open 300 hypermarket stores in 9 months

India's leading hypermarket chain Big Bazaar, which has its presence in over 100 cities across the country, is planning to open 16 more stores to take the overall count to 300 over the next three quarters, a company official has...

Gurvineet Singh, CEO, Viviana Mall

Ashwin Sheth Group has appointed Gurvineet Singh as Viviana Mall’s Chief Executive Officer (CEO). Singh is a dynamic professional from retail and shopping mall industry with over 14 years of experience. In his earlier capacity as a Chief Operating Officer for...
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How Blinkit, Swiggy Instamart, Zepto and others are redefining shopping

A quick snapshot of India’s quick commerce landscape highlighting key players, challenges and opportunities… New Delhi: As Indian consumers increasingly...
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