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As of on the National Stock Exchange of India ∙ Minimum 15 minute delay
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Future Retail Clarifies No Proceedings Initiated Against Co In Any Bankruptcy Court
India's Future Retail, Future Lifestyle Fashions Say Business Adversely Affected
India's Future Retail Dec Qtr Consol Net Profit Falls
Future Retail Limited is an India-based company, which is engaged in the business of retailing a range of household and consumer products through departmental store facilities under various formats. The Company is primarily engaged in the business of multi-brand retail trade. The Company has access to approximately 20 compact hypermarket easyday stores and over 210 supermarket easyday stores. Its retail formats primarily consists of value business and home business. In its value business, the Company formats include Big Bazaar, a hypermarket format; Food Bazaar, a supermarket; fbb, a fashion destination; Foodhall, a supermarket, and easyday convenient stores. In its home business, the Company operates Home Town, a one-shop destination for home improvement, and eZone, a consumer durable and electronics chain.
'C' Tower,, LBS Marg, Vikhroli (West)
Chairman of the Board, Group Chief Executive Officer, Managing Director
C P. Toshniwal
Chief Financial Officer
Joint Managing Director, Director
Rajan Bharti Mittal
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Mukesh Ambani, India’s richest man, is keen to meet all the shopping needs of domestic consumers. A flurry of dealmaking involving his $176 billion oil-to-telecom giant Reliance Industries could make that a sharper reality by seriously blunting the competition. Ambani’s...
Mukesh Ambani's Reliance Industries Ltd <RELI.NS> will pay between 240 billion and 270 billion rupees ($3.2-$3.6 billion) to buy the Indian retail chains owned by Future Group, Mint newspaper reported on Tuesday, citing two sources familiar with details of the deal.
* Reliance raised $20 bln in recent months from backers including Google, Facebook
The coronavirus pandemic amid an economic slowdown has hit revenue at Indian retailers selling non essential items like clothes and jewelry by 75% so far and is likely to cause widespread job losses, an industry body said on Monday.
* INDIA'S FUTURE RETAIL, FUTURE LIFESTYLE FASHIONS SAY BUSINESS ADVERSELY AFFECTED BY TEMPORARILY SHUTDOWN OF STORES, DE-GROWTH OF REVENUE, DROPS IN FOOTFALLS (Bengaluru Newsroom: +1-646-223-8780)
The following bids, mergers, acquisitions and disposals were reported by 1800 GMT on Friday:
Shares in Future Retail Ltd <FRTL.NS> surged 13% on Friday, after India's antitrust body approved a deal that would give Amazon.com Inc <AMZN.O> a minority stake in one of the country's top retail groups.
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India's antitrust body has sought more information from Amazon.com Inc <AMZN.O> about its planned acquisition of a stake in India's Future Retail <FRTL.NS>, sources with knowledge of the matter told Reuters, which could potentially delay the deal.
Amazon.com Inc <AMZN.O> has invested around 45 billion rupees ($634.20 million) into its Indian subsidiaries as the Seattle-based e-commerce giant ramps up operations in one of its fastest growing markets.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:
Amazon.com Inc is set to snag a 3.58% minority stake in India's Future Retail, which operates more than 1,500 stores in India and owns several supermarket brands, including budget department and grocery store chain, Big Bazaar.
Indian shares rebounded from a sharp fall on Friday, following a media report that the government could soon announce a rollback of higher taxes for foreign portfolio investors (FPIs).
Amazon.com Inc is set to snag a minority stake in India's Future Retail Ltd , which operates more than 900 stores in India and owns several supermarket brands, including Big Bazaar.
Amazon.com Inc <AMZN.O> is in late-stage talks to buy as much as 10% of India's Future Retail Ltd <FRTL.NS>, Bloomberg reported on Tuesday, citing people familiar with the matter.
India's Spencer's Retail Ltd will buy upmarket grocery chain Nature's Basket from Godrej Industries for 3 billion rupees ($42.76 million), the companies said on Friday.
U.S.-based 7-Eleven Inc expects to open its first branded store in India this year, after reaching a deal with Future Retail Ltd to run the chain in the Asian nation.
India's Future Retail Ltd said on Thursday it signed an agreement with Texas, U.S.-based 7-Eleven Inc via a unit to run its stores, marking the convenience retailer's entry into India.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:
The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Tuesday:
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