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Reliance eyes buyout of Future retail

Reliance eyes buyout of Future retail

by Jai Jain | Jun 27, 2020 | Business, Finance and Economy

Cash-strapped Kishore Biyani offered to sell a significant stake in his crown jewel Future Retail, as the retail giant tries to pare its debt levels. Future Group is also considering demerging the food business of Future Retail into an independent entity. Future...
Future Group: A grocery tycoon races to keep his company afloat

Future Group: A grocery tycoon races to keep his company afloat

by Brinda Daga | Apr 5, 2020 | Business, Koala's Outlook

A virtual war room has been set up practically overnight by the founder of Future Group, which is backed by both Amazon.com Inc. and Blackstone Group Inc. to ensure his vast chain of Indian grocery stores has enough. The Indian conglomerate, Future Group is...

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