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  • KV Kamath committee clears Future Retail, Future Enterprises debt recast plans Apr 21, 2021 07:21 PM IST

    KV Kamath committee clears Future Retail, Future Enterprises debt recast plans

    Under the new plans, the repayment of loans will be extended up to two years, while the unpaid interest to be converted into a funded interest term loan. The penal charges will too be waived off under the recast plan.

  • 'Digital first' critical in a post-COVID world: Kishore Biyani Apr 05, 2021 11:15 AM IST

    'Digital first' critical in a post-COVID world: Kishore Biyani

    "COVID or not, the show must go on. Ultimately, it's about doing business," Kishore Biyani, CEO of Future Group, said.

  • Future Retail Vs Amazon: Apex Court to hear e-commerce major’s plea in last week of April Mar 18, 2021 05:46 PM IST

    Future Retail Vs Amazon: Apex Court to hear e-commerce major’s plea in last week of April

    The genesis of the ongoing litigation lies in an emergency order of the arbitrator which had ruled in favour of Amazon. On January 25, 2021, the US firm had sought to enforce the emergency order which it had won against the Future Group by preferring an application before a single judge of the Delhi High Court.

  • Future-Amazon Tussle | Women of Big Bazaar appeal to PM Modi to save their livelihoods Mar 08, 2021 04:36 PM IST

    Future-Amazon Tussle | Women of Big Bazaar appeal to PM Modi to save their livelihoods

    The group’s members are convinced that if the contentious Amazon interference in the Future Group-Reliance deal is permitted to proceed, the most severely hit will be these small-town retail women employees.

  • Insider Trading: SAT stays SEBI's order barring Future Group's Kishore Biyani from markets Feb 16, 2021 10:03 AM IST

    Insider Trading: SAT stays SEBI's order barring Future Group's Kishore Biyani from markets

    The tribunal has however directed Future Group’s promoters to deposit Rs 11 crore as an “interim measure.” The case to be heard next on April 12, 2021.

  • Reliance-Future Retail deal | Delhi High Court lifts 'Status Quo' order Feb 08, 2021 05:52 PM IST

    Reliance-Future Retail deal | Delhi High Court lifts 'Status Quo' order

    As per the order, Amazon had no reason to seek status quo order, when it wasn’t interested in the deal.

  • Kishore Biyani, Future Corporate Resources move Securities Appellate Tribunal against SEBI market ban Feb 06, 2021 04:08 PM IST

    Kishore Biyani, Future Corporate Resources move Securities Appellate Tribunal against SEBI market ban

    India’s capital market regulator on February 3 barred Future Group CEO Kishore Biyani from accessing the securities market for a year after its investigation revealed insider trading in shares of its retail unit in 2017.

  • Amazon opposing deal as Reliance is competitor: Future Retail to Delhi HC Feb 04, 2021 07:59 PM IST

    Amazon opposing deal as Reliance is competitor: Future Retail to Delhi HC

    FRL contended before a bench of Chief Justice D N Patel and Justice Jyoti Singh that Amazon was not concerned if the deal falls through then all the shops of the Indian company would be closed down and it’s more than 25,000 employees would be without any livelihood.

  • Insider Trading: SEBI order banning Kishore Biyani from securities market, explained Feb 04, 2021 11:28 AM IST

    Insider Trading: SEBI order banning Kishore Biyani from securities market, explained

    What were the wrongdoings that the investigation by India’s capital market regulator revealed and how did it establish the alleged charges against Kishore Biyani and Future Group entities? The big questions answered below.

  • SEBI order won't impact deal with Reliance: Future Group Feb 03, 2021 11:02 PM IST

    SEBI order won't impact deal with Reliance: Future Group

    Kishore Biyani, other people and entities involved were also slapped with a penalty of Rs 3.7 crore.

  • SEBI bans Future CEO Kishore Biyani from securities market in insider trading case Feb 03, 2021 06:46 PM IST

    SEBI bans Future CEO Kishore Biyani from securities market in insider trading case

    Kishore Biyani, three others and a few related entities cannot buy, sell or deal in securities of Future Retail Ltd for two years, ruled capital market regulator based on an insider trading case in 2017.

  • Read the full text of Kishore Biyani’s letter to Future employees on Amazon’s attempts to block RIL deal Jan 30, 2021 08:24 PM IST

    Read the full text of Kishore Biyani’s letter to Future employees on Amazon’s attempts to block RIL deal

    Amazon.com Inc’s bid to stall Future Group’s $3.4 billion retail assets sale is similar to Alexander the Great’s “ruthless ambition to scorch the earth”, the Indian group’s CEO Kishore Biyani said on January 30.

  • India's Future likens Amazon's bid to stall retail deal to 'ruthless' Alexander the Great Jan 30, 2021 04:36 PM IST

    India's Future likens Amazon's bid to stall retail deal to 'ruthless' Alexander the Great

    Indian stock exchanges this month cleared Future’s deal with Reliance, despite Amazon’s repeated requests to regulators to block the deal.

  • Amazon vs Future Retail | Amazon is going all out to create ruckus: Kishore Biyani Jan 29, 2021 10:40 PM IST

    Amazon vs Future Retail | Amazon is going all out to create ruckus: Kishore Biyani

    Kishore Biyani, while referring to the Amazon-Future Retail deal, said this was a corporate battle being fought for supremacy over Indian customers.

  • Amazon vs Future Retail | Restraining of FRL-Reliance Retail deal may lead to job losses: Harish Salve Jan 29, 2021 10:30 PM IST

    Amazon vs Future Retail | Restraining of FRL-Reliance Retail deal may lead to job losses: Harish Salve

    Referring to the agreement between Future Coupons Private Limited (FCPL) and Amazon, eminent lawyer Harish Salve argued that the real intention of Amazon - as it shows - was to blow smoke in the eyes of the Indian authorities.

  • Future Group-Reliance Industries deal gets SEBI approval Jan 20, 2021 10:37 PM IST

    Future Group-Reliance Industries deal gets SEBI approval

    The SEBI, in its letter issued on January 20 which approved the deal, listed a number of conditions in accordance to the Composite Scheme of Arrangement.

  • New Year fireworks: Future Group writes to Amazon, says firm has ‘illegally exercised its rights’  Jan 04, 2021 05:38 PM IST

    New Year fireworks: Future Group writes to Amazon, says firm has ‘illegally exercised its rights’ 

    Amazon is also not a party to the Future Retail shareholders agreement and its conduct is smacks of mala fide, with an intent to obstruct the merger with RIL, says the letter.

  • Amazon wants Future Group to languish: CEO Kishore Biyani Jan 04, 2021 08:58 AM IST

    Amazon wants Future Group to languish: CEO Kishore Biyani

    Even after reaching out to Amazon eight times, the ecommerce giant did not provide any help, Future Group CEO Kishore Biyani said.

  • Amazon seeks control of Future Group's assets worth Rs 30,000 crore with Rs 1,431 crore investment Nov 16, 2020 04:40 PM IST

    Amazon seeks control of Future Group's assets worth Rs 30,000 crore with Rs 1,431 crore investment

    Amazon's investment exposure is limited to Rs 1,431 crore in Future Coupons Ltd (FCL) alone

  • Future Group vs Amazon: Kishore Biyani-led Future Retail moves Delhi High Court Nov 07, 2020 08:50 PM IST

    Future Group vs Amazon: Kishore Biyani-led Future Retail moves Delhi High Court

    Future Retail said the interim order is passed by the SIAC in an arbitration proceeding initiated by Amazon inter-alia against the company under an agreement, wherein the company is not a party to the agreement

  • 10 things we learned about Future Retail’s POV in its M&A spat with Amazon Nov 02, 2020 07:39 PM IST

    10 things we learned about Future Retail’s POV in its M&A spat with Amazon

    All the vital questions about the Kishore Biyani-led Future’s rebuttal on the impact of the emergency arbitrator’s order, the contentions of Amazon and the road ahead answered.

  • Amazon-Future Retail spar over violation of confidentiality clause Oct 28, 2020 01:30 PM IST

    Amazon-Future Retail spar over violation of confidentiality clause

    The conflict is over reports suggesting a Singapore arbitration panel order has been seen by some, even as it has still not been released in the public domain.

  • Amazon wins interim relief; Future-Reliance Retail deal put on hold Oct 25, 2020 10:44 PM IST

    Amazon wins interim relief; Future-Reliance Retail deal put on hold

    Amazon believes Future Group violated the contract by entering into the deal with rival Reliance. The deal would have helped Reliance almost double its footprint as India's largest retailer.

  • Future Group lost Rs 7,000 crore revenue in first 3-4 months of COVID-19 pandemic: Kishore Biyani Oct 17, 2020 01:29 PM IST

    Future Group lost Rs 7,000 crore revenue in first 3-4 months of COVID-19 pandemic: Kishore Biyani

    In August this year, billionaire Mukesh Ambani's Reliance Industries announced acquisition of retail and wholesale business and the logistics and warehousing business from the Future Group as going concerns on a slump sale basis for Rs 24,713 crore.

  • Sachin Bansal eyes buyout of Kishore Biyani's Future Generali Life Insurance Aug 31, 2020 03:33 PM IST

    Sachin Bansal eyes buyout of Kishore Biyani's Future Generali Life Insurance

    Flipkart founder Sachin Bansal founded Navi Technologies (formerly BAC Acquisitions) after his exit from the e-commerce major

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