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Kishore Biyani

Biyani Daughter’s Foodstories opens 1st store at Ambience Mall, Vasant Kunj

The new Foodstories outlet also has an all-dining cafe that can seat 20-30 people New Delhi: In a major comeback to the food industry, Kishore Biyani’s daughters Avni Biyani Jhunjhunwala and Ashni Biyani's new food and gourmet venture Foodstories, which also...

Daughters to spearhead Kishore Biyani’s comeback with a food chain

Kishore Biyani’s daughters Ashni Biyani and Avni Biyani Jhunjhunwala are starting a venture named Food Stories along the lines of now-defunct FoodHall chainNew Delhi: Kishore Biyani’s daughters are spearheading a new gourmet food venture as a comeback vehicle for...

7-Eleven reaches 50 store milestone in India

The landmark 7-Eleven store is located at the World Trade Center in Kharadi, Pune Bengaluru: Texas-based convenience store chain 7-Eleven has reached the milestone of 50 stores in India with the opening of its latest outlet in Pune located at World...

Future Consumer defaults on payment of Rs 133 crore towards debentures

Future Consumer Ltd. had defaulted on payment towards interest amount of Rs 32.97 crore and principal amount of Rs 100 croreNew Delhi: Future Consumer Ltd (FCL) has defaulted on the payment of Rs 132.97 crore towards payment of principal...

How SupermarketWala Damodar Mall found his calling

Here’s the story behind how the IIT and IIM educated Damodar Mall, chief executive officer of Reliance Retail’s value formats, ended up making a career selling daal chawalNew Delhi: Retail veteran Damodar Mall has earned the moniker SupermarketWala...

Future Retail heads for liquidation as lenders fail to get suitable buyer

As the Committee of Creditors rejected the sole resolution plan submitted by Space Mantra, the RP of the company has now approached NCLT to initiate liquidation of Future RetailNew Delhi: Future Retail, once the crown jewel of Kishore Biyani-led...

Future Retail lenders reject Space Mantra’s bid; NCLT extends insolvency period for 15 days

The Resolution Plan submitted by Space Mantra for Future Retail Ltd (FRL), failed to get the required number of votes in the e-voting process of the Committee of creditors (CoC)New Delhi: The lenders of Future Retail Ltd have rejected...

Future Retail resolution professional moves NCLT against Kishore Biyani and family alleging fraudulent transaction

The application "has been filed pursuant to the findings in the report received from Nangia & Co. LLP, which was appointed as 'Transaction Review Auditor' by the RP," said a regulatory filing from Future Retail Ltd (FRL)New Delhi: The...

Future Lifestyle Insolvency: Claims worth Rs 3,477 crore admitted from financial creditors

Catalyst Trusteeship Ltd has emerged as the lead financial creditor with Rs 600.40 crore, having a 17.4 per cent voting share in the Committee of Creditors (CoC), formed for the debt-ridden Future Group firmNew Delhi: Future Lifestyle Fashions Ltd...

Future Retail shares climb 5%

As many as 49 players, including Reliance Retail, Jindal Power Ltd and Adani group, have submitted EoI for acquiring the assets of Future Retail, which is currently going through insolvency resolution processNew Delhi: Shares of Future Retail climbed nearly...
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Govt proposes exempting certain M&A deals from Competition Comm approval requirement

Draft rules to exempt certain categories of combinations from the Competition Commission of India (CCI) approval requirement have been...
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