Future Retail Limited

Future Retail Ltd has said that SEBI's one-year ban on its Chairperson Kishore Biyani and some other promoters from the securities market will have "no impact" on the Rs 24,713 crore-deal with Reliance. Further, Kishore Biyani, some other promoters and Future Corporate Resources Pvt...

Capital markets regulator SEBI barred billionaire Kishore Biyani and related enterprises of his Future Group from accessing the securities market for a year. SEBI said that it reached the decision on Biyani after probe into use of unpublished price sensitive...

The Delhi High Court Wednesday sought response of Kishore Biyani-led Future Retail Ltd (FRL) on Amazon's plea challenging the prima facie observations by a single judge that the US e-commerce giant's attempt to control the Indian entity was violative of FEMA and FDI rules. A bench of Chief...

E-commerce giant Amazon has written to Sebi yet again, apprising the market regulator of the formation of the arbitration tribunal at SIAC while urging it to suspend the review of the Rs 24,713 crore Future-RIL deal. It has also filed an appeal with...

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...

Future Retail Limited (FRL), one of the leading organised retail players in India has successfully priced a US $500 million Fixed Rate Senior Secured 144A/Reg S Bond for a 5-year (non-call 3-year) tenor at 5.600 percent. FRL's debut bond transaction...

As the Indian e-commerce market enters into an interesting phase with Reliance firming up its mega plans with launching JioMart, Amazon Founder and CEO Jeff Bezos is in India this week to explore the ground situation amid a possible...

Future Retail is making a habit of taking over regional retail brands to strengthen its store network in India and to expand its grocery retail footprint in the country. Last year, it acquired Heritage Fresh’s retail stores. The two companies...

Heritage Foods Limited (HFL), a leading dairy company owned by Andhra Pradesh Chief Minister N. Chandrababu Naidu's family, on Monday said that it had set a target of Rs 6,000 crore turnover by 2022. Celebrating its silver jubilee, the company...

Future Retail Limited (FRL) on Thursday said its board has approved the segregation of its home retail business into Praxis Home Retail (PHRPL) through demerger. The home retail business of the company was operated through HomeTown stores. The company informed the...