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According to the exchanges' bulk deal data, BNP Paribas sold 6 crore shares or 3.62 percent stake in the Kishore Biyani-led company at a price of Rs 18.90 per share.
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India's apparel sector is emerging as the very fabric of the India story, especially when it comes to investment.
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Kishore Biyani remained unfazed by the challenging times. He is in fact confident that the business will grow more than two-fold by March 2014.
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Fresenius Kabi | ARSS Infrastructure | Bombay Rayon | Uttam Galva | India Infoline | L&T Finance Holdings | Man Industries | Jet Airways | HPCL | HCL Technologies | Power Grid | Jaiprakash Associates | Ranbaxy Labs | IOC | REC | Bosch and SKS Microfinance are stocks, which are in the news today.
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FUTUREGROUP-ACKMEDIA-STAKESALE:Future Group in talks to sell its 65 pct stake in comic book company - sources
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GMR Infrastructure | Lanco Infratech | Wipro | Mindtree | Dalmia Cement | Future Ventures | Gujarat Gas and Strides Arcolab are stocks, which are in the news today.
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Sesa Goa | Financial Technologies | ONGC | Hero MotoCorp | M&M Financial Services | ICICI Bank | Axis Bank and Future Ventures are stocks, which are in the news today.
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"AND Designs, promoted by fashion designer Anita Dongre, is a leading apparel maker which sells women's garments under brands AND, Anita Dongre and Global Desi. The company clocked revenues Rs 280 crore in 2012-13," the report said.
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Hexaware Technologies | Future Ventures | Bharti Airtel | Exide Industries | Financial Technologies | L&T | Shree Ganesh Jewellery | Coromandel Engineering Company | Sesa Goa and ICICI Bank are stocks, which are in the news today.
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Future Ventures India has reported a sales turnover of Rs 149.78 crore and a net loss of Rs 16.52 crore for the quarter ended Jun '13
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Tata Steel | GMR Infrastructure | Rain Commodities | IVRCL | Voltas | Educomp | Escorts | Orbit Corp | Neyveli Lignite | Deccan Chronicle Holdings | JHS Svendgaard | Ess Dee Aluminium | Punj Lloyd | Strides Arcolab | JBF Industries | Pidilite Industries | Everonn Education | SAIL and Jain Irrigation are stocks, which are in the news today.
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Future Ventures was formerly only an investment arm of Future Group, but now will be an operating entity and hopes to clock Rs 1,000 crore sales this financial year, according to Kishore Biyani.
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Hindustan Unilever | Mangalore Chemical | Deepak Fertilisers | Future Ventures | Tech Mahindra | Hindustan Copper | NTPC | Sadbhav Engineering | Jet Airways | Prime Securities | CCL Products | JSW Energy and JSW Steel are stocks, which are in the news today.
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In the last 45 years, the Amar Chitra Katha brand changed hands a few times and has diversified its base
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Future Ventures India has reported a sales turnover of Rs 297.79 crore and a net loss of Rs 19.07 crore for the quarter ended Dec '12
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Pankaj Jaju of Axis Capital explains to CNBC-TV18 that Pantaloon Retail and Future Ventures win on the demerger of the fashion business, Future Fashion
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On June 13, 2012 Future Corporate Resources Limited bought 10,020,000 shares of Future Ventures at Rs 8.50 on the BSE.
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On June 01, 2012 BNP Paribas Arbitrage bought 8,385,000 shares of Future Ventures at Rs 8.50 on the BSE.
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Future Ventures India has reported a sales turnover of Rs 15.37 crore and a net profit of Rs 5.81 crore for the quarter ended Mar '12
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Future Ventures India Ltd (FVIL), Future Group's investment and business management arm, today said it has acquired additional 5.14% stake in Indus-League Clothing Ltd (ILCL), a group firm for an undisclosed amount.
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The Kishore Biyani led Future Group saw its subsidiary, Future Ventures India slip on debut today. Commenting on the tepid response for the IPO, Kishore Biyani, the CEO of Future Group, tells CNBC-TV18 that the company has a strong portfolio in the fashion industry.
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Portfolio Manager PN Vijay, in an interview on CNBC-TV18 spoke about his reading of the market. He also gave his views on the assembly election results which are scheduled to be declared on Friday and what impact the results could have on the market and investors.
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In an interview with CNBC-TV18, KK Rathi, CEO, Future Ventures says, “Future Venture India Limited is a unique platform where we are looking at creation of brand and supply opportunities in the Indian consumption space.” He says, the company expects to turn profitable very soon.
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Kishore Biyani’s Future Ventures India plans to raise its stake in women’s ethnic wear maker Biba Apparels and edutainment company Amar Chitra Katha, and is also seeking new opportunities to invest in the fast moving consumer goods and fashion sectors.
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Future Ventures Ltd, a unit of the Future Group which runs the country's top listed retailer Pantaloon Retail, is likely to hit the capital market with its initial public offering at the end of April, a newspaper report said.
