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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...

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: NCLT extends deadline till September 15 for completing insolvency process

The Insolvency & Bankruptcy Code (IBC) mandates the completion of CIRP within 330 days, which includes time taken during litigations New Delhi, Sep 12 (PTI) The National Company Law Tribunal (NCLT) has extended the deadline to September 15 for completion of...

Future Retail resolution professional moves NCLT to seek extension of insolvency deadline till Sept 15

The RP of the company has moved an application before the Mumbai bench of NCLT to exclude a period of 29 days from CIRP of Future Retail Ltd, according to a regulatory filingNew Delhi: The resolution professional (RP) of...

FRL Insolvency: Creditors invite fresh bids, divide assets into 5 clusters as it fails to attract any bids so far

The prospective buyers can bid for the debt-ridden firm "as a going concern or individual cluster or a combination of clusters" of its assets as it failed to attract a resolution plan in over four monthsNew Delhi: The creditors...

Kishore Biyani withdraws resignation from FRL’s suspended board as Chairman, Director

The Resolution Professional of Future Retail Ltd (FRL) had raised objections to the contents of Biyani's resignation letter and had requested him to recall itNew Delhi: Almost one and a half months after resigning from the suspended board of debt-ridden...

13 cos among Reliance, Adani in final fray to buy Kishore Biyani-led Future Retail

These companies have been included in the final list of prospective resolution applicants after receiving no objections from stakeholders concerned to the provisional list issued on November 10.New Delhi: Reliance Retail, Adani Group’s JV April Moon Retail and 11 other...

Big Bazaar’s 2-hour delivery promise set to reshape shopping in India

India’s most trusted retail brand, Big Bazaar has announced the launch of its '2-Hour Delivery Promise' on every product across fashion, food, FMCG and home products for orders placed online through Big Bazaar mobile app and portal. This makes Big...

How the retail sector is reimagining talent transformation for the future

The pandemic has reshaped the way Learning & Development, and training are being valued and delivered in organisations. As businesses continue to grapple with the ripple effects of last year, Leadership & Organization Development (L&OD) teams have to work...

SCAI launches ‘Trusted Shopping Centre’ Mark; 50+ malls applying to ensure 360° customer care

Shopping Centers Association of India (SCAI) on Monday marked a new milestone for the Indian Retail and Shopping Centre industry.The apex body of Modern and Organised retail in India launched the World’s First Consumer Centric ‘Trusted Shopping Centre’ mark...
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Max Fashion launches new youth centric brand ‘Urban’

The first Max Urban collection will be available across the brand's retail stores as well as on the e-commerce...
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