Future Retail

Future Retail said it has received approval from the RBI to increase the limit of its Registered Foreign Portfolio Investors to 49 percent of its paid up capital, PTI reported. "We would like to inform you that Reserve Bank of...

Customers in emerging cities of Patna, Bhubaneswar, Ranchi, Asansol, and Siliguri, along with Kolkata, want the best – then be it lifestyle, fashion, or health & beauty. The region, which once hesitated to experiment, is now displaying an impressive upward retail...

Future Retail has posted a standalone net profit of Rs 183.14 crore for the third quarter ended December 2017. According to a PTI report: The company had reported a net profit of Rs 101.05 crore in the October-December period of...

Kishore Biyani-led Future Retail said it will fully acquire Travel News Services India (TNSI) in a Rs 100 crore deal, a move which would help the company to consolidation further its retail business. According to a PTI report: The acquisition...

The board of Future Retail has approved the 'scheme of arrangement' with Shoppers Stop with regard to its Rs 655-crore acquisition of Hypercity Retail in a stock-and-cash deal. According to a PTI report: In the meeting, the board of Future...

Shoppers Stop said it has transferred its entire shareholding in subsidiary Hypercity to Kishore Biyani-led Future Retail Ltd. According to a PTI report: On November 14, the shareholders of K Raheja Corp Group firm Shoppers Stop had approved sale of...

Future Retail on Tuesday said its standalone profit zoomed by 108.01 per cent to Rs 153.16 crore for the quarter that ended on September 30. The company's profit for the same period stood at Rs 73.63 crore during the last fiscal. The total income of...

Future Retail said it has executed share purchase agreement (SPA) with Shoppers Stop for its Rs 655 crore acquisition of Hypercity Retail in stock-and-cash deal. According to a PTI report: Last week, Kishore Biyani-led Future Retail Ltd (FRL) had announced...

HyperCity, which had appointed Ramesh Menon as CEO last year has been for some time now, struggling to maintain its own in front of its bigger and more popular competition, Big Bazaar. However, there was once a time when the...

Kishore Biyani-led Future Retail has acquired HyperCity Retail for Rs 655 crore. The buyout, through cash, worth Rs 155 crore and shares worth Rs 500 crore would give Biyani control over 19 large outlets of HyperCity spread across Mumbai, Hyderabad, Bengaluru, Bhopal,...