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Future Retail logs Q1 net loss of Rs 562 crore

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

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...
Future Retail logs Q4 net loss of Rs 477.63 crore

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...
Battle of mergers and consolidation intensifies in India’s retail market

Battle of mergers and consolidations intensify in India’s retail market

The Indian retail market is expected grow and reach US$ 1.4 trillion by 2023 at a compound annual growth...
Kishore Biyani, a pioneer of Indian retail, man who took convenience shopping to the masses

Kishore Biyani, a pioneer of Indian retail, man who took convenience...

Kishore Biyani, popularly known as KB among colleagues and considered as the pioneer of modern retail in India taking...
Future Retail explores, evaluates various opportunities for stake sale

Future Retail explores, evaluates various opportunities for stake sale

Future Retail, responding to reports of talks to sell a stake in the firm to Reliance Industries Ltd (RIL),...
Momentum in online, app-based sales to stay for retailers

Momentum in online, app-based sales to stay for retailers

Many large brick-and-mortar retail chains that switched to online during the lockdown have reported spike in sales from digital...
Digital influence on Indian urban consumers rises up to 70 pc: Report

Digital influence on Indian urban consumers rises up to 70 pc:...

Digital influence on urban consumers has increased by 70 percent for mobiles, around 60 percent for apparel, and up...
Future Group in advance talks with RIL to sell stake in Future Retail, other units: Report

Future Group in advance talks with RIL to sell stake in...

The Future Group is in advance talks with Mukesh Ambani's Reliance Industries to sell stakes in Future Retail and...
Future Retail to raise up to Rs 650 crore to reduce debt

Future Retail to raise up to Rs 650 crore to reduce...

Debt-ridden Future Retail on Wednesday said its board has approved raising up to Rs 650 crore by issuing non-convertible...