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Future Retail

Future Retail share price surges as CCI approves Amazon investment

Future Retail share price surges as CCI approves Amazon investmen...

Fri, Nov 29, 2019

In a brief statement on Thursday, the Competition Commission of India (CCI) said it had approved Amazon`s purchase of a 49% stake in Future Coupons Ltd, an entity that owns about 7.3% of Future Retail, adding that it would soon provide a detailed order.

Future Retail to spend Rs 200cr for new Big Bazaar outlets in East

Future Retail to spend Rs 200cr for new Big Bazaar outlets in Eas...

Sat, Mar 09, 2019

Agarwal said the eastern region contributed 25 per cent of the national sales, adding that West Bengal accounted for 30 per cent of the revenues from the east.

Zee Business Exclusive: In conversation with Rakesh Biyani, Joint MD, Future Retail

Zee Business Exclusive: In conversation with Rakesh Biyani, Joint...

Fri, Jan 04, 2019

In this segment of Zee Business watch an exclusive conversation with Rakesh Biyani, Joint MD, Future Retail on E-commerce companies. Watch full video to know more.

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We have a target to grow by 18-25% in FY19: Rakesh Biyani, Future Retail

We have a target to grow by 18-25% in FY19: Rakesh Biyani, Future Retail

Fri, Nov 30, 2018

Rakesh Biyani, Joint Managing Director, Future Retail Limited, spoke about consumer sentiments, different formats of business and expansion plans during an interview with Swati Khandelwal, Associate Editor, Zee Business.

Bharti Enterprises sells Future Retail's shares worth around Rs 300 crore

Bharti Enterprises sells Future Retail's shares worth around Rs 300 crore

Thu, Nov 29, 2018

Bharti Enterprises Thursday sold over 57 lakh shares of Future Retail for around Rs 300 crore through open market operations. The shares were bought by Edelweiss group, according to the block deal data available with BSE.

A blow to Flipkart, Walmart! There is a new deal in town, this is what Jeff Bezos' Amazon is planning here

A blow to Flipkart, Walmart! There is a new deal in town, this is what Jeff Bezos' Amazon is planning here

Tue, Nov 27, 2018

Just like offline channel Walmart knocked the door of e-retailer Flipkart, similarly, online major Amazon is in talks to join hands with India’s largest offline channel Future Retail.

Future Retail honcho Rakesh Biyani on Rs 1,500 cr going to customers as savings, Retail 3.0, GST, more

Future Retail honcho Rakesh Biyani on Rs 1,500 cr going to customers as savings, Retail 3.0, GST, more

Thu, May 03, 2018

The retail sector is set to benefit from goods and services tax (GST) as cost efficiency increases, Rakesh Biyani, joint managing director at Future Retail, said. Already, sales are looking stronger for the retailer.

On discounts by e-commerce companies, here is what Rakesh Biyani said

On discounts by e-commerce companies, here is what Rakesh Biyani said

Mon, Apr 09, 2018

Amid allegations that e-commerce players are influencing prices through deep discounts, leading retail chain Future Retail today said such practices are putting a question mark on the market decorum. Stating that there is a level-playing field imbalance happening due to improper discounts, Future Retail Joint Managing Director Rakesh Biyani said the government policy states that e-commerce players should not be allowed to participate in pricing and should not invest money in discounting

Future Supply completes acquisition of Vulcan Express

Future Supply completes acquisition of Vulcan Express

Sat, Feb 03, 2018

The Rs 35-crore all-cash deal was announced last month

Get handsome returns in 5 years with these tax saving funds

Get handsome returns in 5 years with these tax saving funds

Mon, Dec 11, 2017

Disclaimer: This story is for informational purposes only and should not be taken as investment advice.

Get handsome returns in 5 years with these tax-saving funds

Get handsome returns in 5 years with these tax-saving funds

Mon, Dec 11, 2017

Disclaimer: This story is for informational purposes only and should not be taken as investment advice.

Future Retail sees nearly 110% rise in Q1 net profit; shares touch new high

Future Retail sees nearly 110% rise in Q1 net profit; shares touch new high

Tue, Aug 08, 2017

Future Retail registered net profit of Rs 147.85 crore, rising by 109.56% compared to Rs 70.55 crore in the corresponding period of the previous year.

Avenue Supermart gave return of 167% from its issue price

Avenue Supermart gave return of 167% from its issue price

Mon, Apr 10, 2017

Avenue Supermart (parent company of D-Mart) on its listing day had attracted bids for nearly 106 times as against its initial public offering (IPO).

DMart: Stock has doubled in a day; should you buy it now?

DMart: Stock has doubled in a day; should you buy it now?

Wed, Mar 22, 2017

Jimeet Modi, CEO, SAMCO securities said, “Though, medium and short term investors/traders should at least book partial profits as in medium term D-Mart stock can under-perform given its stretched valuations and also the market is consolidating after making a fresh high. Long term portfolio investors are advised to held on to their positions.”

Future group fashion business to grow by 30%: Kishore Biyani

Future group fashion business to grow by 30%: Kishore Biyani

Sat, Mar 18, 2017

The group has brands like FBB, Planet Sports, All, Brand Factory and Central in the fashion segment, which constitutes 45% of the group's total revenue.

Future Retail reports 88% rise in Q3 net profit; shares jump

Future Retail reports 88% rise in Q3 net profit; shares jump

Tue, Feb 07, 2017

Future Retail on Tuesday announced its financial result for the quarter ended on December 31.

Mini ATMs, e-payments boost Future Retail's sales post demonetisation

Mini ATMs, e-payments boost Future Retail's sales post demonetisation

Tue, Jan 17, 2017

The sales volume of fashion and lifestyle retailer Future Retail registered a boost of 20% after demonetisation, a report by The Times of India said, quoting CEO Kishore Biyani.

Future Retail records Q2 net profit of Rs 74 crore; shares gain

Future Retail records Q2 net profit of Rs 74 crore; shares gain

Tue, Dec 06, 2016

Future Retail (formely known as Bharti Retail Limited) on Tuesday reported net profit of Rs 73.63 crore for the second quarter September 30,2016, compared to the netloss of Rs 56.69 crore in the corresponding period of the previous year.

Why to stand outside ATMs when you can withdraw cash at BigBazaar

Why to stand outside ATMs when you can withdraw cash at BigBazaar

Tue, Nov 22, 2016

The Mini ATM facility is similar to banks ATMs.

Future Retail acquires retail business of Heritage Foods

Future Retail acquires retail business of Heritage Foods

Mon, Nov 07, 2016

The retail and allied businesses of Heritage Foods reported revenue of Rs 629.70 crore during FY16.

Retail chain that makes most money in India is the Army canteen!

Retail chain that makes most money in India is the Army canteen!

Thu, Aug 18, 2016

CSD outlets operate around just seven basic product groups – toiletries, household requisites, general use items, watches and stationery, liquor, food and medicinal items and automobiles.

Ecommerce companies gear up to celebrate Independence Day

Ecommerce companies gear up to celebrate Independence Day

Mon, Aug 08, 2016

Ecommerce big guns such as Amazon and Flipkart are going all out to offer customers a lot of discounts.

Future Retail finally goes the ecommerce way through Paytm tie up

Future Retail finally goes the ecommerce way through Paytm tie up

Thu, Aug 04, 2016

This tie up will make Big Bazaar the anchor store for the Paytm marketplace.

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