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February 15, 2021
India Business News: US e-tail giant Amazon had asked for $40 million to forego its “right of first refusal” to buy Future Group’s assets in Future Retail, the Indian reta
February 13, 2021
In this episode we discuss the high profile legal tussle between the corporate giants Amazon and Reliance industries over the acquisition of the Future Group. This is a story that has seen a lot of de
February 12, 2021
The Competition Commission of India (CCI) could look again into its November 28, 2019 order approving the deal between Amazon and Future coupons.In its 2019 filing, Amazon did not disclose to the CCI that it had restricted the promoters of Big ...
February 12, 2021
The Competition Commission of India (CCI) could look again into its November 28, 2019 order approving the deal between Amazon and Future coupons.
February 10, 2021
Loading the player... IndiGo parent InterGlobe Aviation pays Rs 2.1 crore to settle case with SEBI InterGlobe Aviation, the parent of low-cost carrier IndiGo, has paid Rs 2.10 crore to Securities and Exchange Board of India (SEBI) to settle a pending case. The case pertains to alleged corporate governance lapses and listing norms violations that were raised by the companys co-promoter Rakesh Gangwal. The company has settled the matter "without admitting or denying any violation on its part. E-c...
February 10, 2021
Rakesh Jhunjhunwalas VIP bet headed for a phase of underperformance? SECTIONS Share ETMarkets.com INSIGHTS NSE Explore Now NEW DELHI: VIP Industries, the company where Rakesh Jhunjhunwala owns 5 per cent, could not enthuse analysts much with December quarter earnings. Brokerages said aggressive cost cutting is unsustainable and the revenue recovery post-Covid still remains muted. While the green shoots are visible, analysts believe revenue and margin normalisation for the baggage maker are sti...
February 9, 2021
Future Retail Q3 results: The consolidated revenue from operations plunged by 71 per cent to Rs 1,506.87 crore during Q3 FY21 as against Rs 5,193.19 crore of the corresponding quarter last fiscal
February 9, 2021
Explore Now NEW DELHI: Future Retail Ltd on Tuesday reported a consolidated net loss of Rs 846.92 crore for the third quarter ended on December 2020 as business operations continued to be impacted by the pandemic during the quarter. The company had posted a net profit of Rs 164.56 crore in the October-December quarter a year ago, Future Retail Ltd (FRL) said in a BSE filing. Its revenue from operations was down 71 per cent to Rs 1,506.87 crore during the quarter under review as against Rs 5,193...
February 5, 2021
The ad is engaging. It is interesting to note that while the men are shown as asking the women to make coffee, the women are not shown as being overenthusiastic to indulge. In fact, the young woman reminds her husband that it is his turn to make coffee, reflecting the much-needed role negotiation in the family. However, in the restaurant we see the man placing the order and a man receiving and endorsing the order. The most heartening thing when we visit some states like Tamil Nadu is the prese...
February 5, 2021
How Future Retail is at JioMarts mercy Over 50 per cent of the food and grocery merchandise at the Future Retail stores are being supplied by JioMart, and the deal is an extended credit period Ajita Shashidhar | February 22, 2021 | Updated 12:46 IST As Future Group Chairman Kishore Biyani fights a messy legal battle with the mighty Amazon, his flagship company, Future Retail, is struggling to survive. If the Big Bazaar or EasyDay store in your neighbourhood looks well stocked, its not because ...