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Future Retail Q3 revenue down 71% to Rs 1,506.87 crore

Future Retail Ltd has reported a consolidated net loss of Rs 846.92 crore for the third quarter ended on December 2020 as business operations continued to be impacted by the pandemic during the quarter. The company had posted a net...

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...

State-of-the-art shopping malls are redefining retail in Rajasthan

Rajasthan is fast emerging as ‘the’ new retail destination of the new decade and much of the credit for this goes to a plethora of modern shopping malls which are coming up in the region. The state, which is...

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...

Festive gifting goes digital with e-cards

Snapdeal, one of India’s leading value-focused marketplace, has seen digital gift cards gain in popularity over the past few days as users look for safe and convenient gifting options for friends and family. Instantly delivered over email, these include...

Only RIL deal can pull Future Retail out of crisis: Future tells bourses

Urging the BSE and NSE to go ahead with the processing of the application of Future Retail's proposed buyout by Reliance Retail Ventures Ltd (RRVL), Future Retail has told the exchanges that it is in deep financial trouble and...

Phygital Retail Convention: Kishore Biyani’s Most Awaited Interview of 2020

Kishore Biyani, widely considered the pioneer of modern retail in India and credited with taking convenience shopping to the masses, is finally bowing to the winds of change blowing across the sector, handing over the reins of what he...

Future Retail logs Q1 net loss of Rs 562 crore

Future Retail Ltd on Monday reported a consolidated net loss of Rs 561.95 crore for the first quarter ended June 2020. According to a report: The company had posted a net profit of Rs 159.24 crore in the April-June quarter...

Stake sale, Future's asset acquisition to boost RIL retail: Fitch

Reliance Industries' plan to sell a stake in its retail subsidiary at an equity valuation of Rs 4.21 trillion and its proposed acquisition of Future Group's retail business will solidify the company's position in India's organised retail market and...

Future Retail logs Q4 net loss of Rs 477.63 crore

Future Retail Ltd (FRL) reported a consolidated net loss of Rs 477.63 crore for the quarter ended March 2020. According to a PTI report: The company, which owns brands like Big Bazaar, fbb, Foodhall, Easyday and Nilgiris, had posted a...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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