Future Group

Reliance Retail Ventures Limited (RRVL), subsidiary of Reliance Industries Limited, today announced that it is acquiring the Retail & Wholesale Business and the Logistics & Warehousing Business from the Future Group as going concerns on a slump sale basis...

Mukesh Ambani is looking to expand his retail footprint by acquiring several e-commerce players. This is being seen as a precursor to the ongoing battle with Amazon for India's hot e-commerce retail market. Mukesh Ambani's Reliance Industries Ltd. (RIL) is in...

Future Consumer Ltd on Friday reported a consolidated net loss of Rs 175.46 crore for the quarter ended March 2020. The company had reported a net profit of Rs 7.53 crore in the January-March period of the preceding fiscal,...

Reliance Industries Limited (RIL) has clarified that it is unable to comment on speculation and rumours on a deal to acquire the retail businesses of Future Group. RIL was replying in a clarification to stock exchanges on a possible deal...

Future Retail, responding to reports of talks to sell a stake in the firm to Reliance Industries Ltd (RIL), on Thursday said it continues to explore and evaluate various opportunities. According to a PTI report: Responding to the BSE over...

Many large brick-and-mortar retail chains that switched to online during the lockdown have reported spike in sales from digital channels, and expect the momentum to continue as consumers prefer to order digitally despite restrictions are being eased. According to a...

Leading retailers have witnessed an increase in number of footfalls along with a ‘significant’ jump in average purchase value in the third phase of the lockdown. According to industry players such as Metro Cash & Carry, Lots Wholesale Solutions,...

Kishore Biyani-led Future Group has started talks with Amazon for selling stake in Future Retail Ltd to the US-based e-commerce major, industry sources said. The two parties initiated talks earlier this week for a stake in Future Retail, they...

The second phase of the coronavirus lockdown saw a considerable shift in buying patterns of consumers from basic necessities to high-value items like snacks, processed food, packaged meat and frozen desserts, retailers said. According to a PTI report: Retailers such...

Retailers and traders expect to re-open more shops from Monday under the new relaxed guidelines by the government for the extended lockdown period till May 17, although they are still seeking clarity from local authorities. According to a PTI report:...