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'Future Retail is direct beneficiary of Amazon's stake buy in promoter company' - Vimarsana News

'Future Retail is direct beneficiary of Amazon's stake buy in promoter company'

Synopsis Amazon filed lawsuits objecting the proposed sell-off saying its 2019 investment agreements in FCPL bars Future Retail from selling its assets to more than a dozen Indian and global entities including Reliance. Getty Images Amazon has told the Supreme Court that Future Retail was direct beneficiary of the ecommerce giant’s 2019 investment into Future Coupons while arguing that Singapore emergency arbitrator’s award putting on hold the Kishore Biyani flagship’s asset sale to Reliance Retail is “valid”. The top court on Tuesday started hearing on the high-profile legal battl...

Big Bazaar's marketing push takes on Amazon - Vimarsana News

Big Bazaar's marketing push takes on Amazon

Big Bazaar’s marketing push takes on Amazon Top Searches Big Bazaar’s marketing push takes on Amazon John Sarkar / TNN / May 10, 2021, 06:26 IST FacebookTwitterLinkedinEMail NEW DELHI: Future Group’s brick-and-mortar superstore chain Big Bazaar, which is ramping up its two-hour home delivery across India during the pandemic, is set to launch a marketing blitzkrieg that will allegedly take potshots at US etailer Amazon.While Amazon, which is locked in a fierce legal battle with the Kishore Biyaniled Future Group, has been running an advertising campaign since 2016 with the tagline ‘In...

Kishore Biyani's Big Bazaar set to launch marketing blitzkrieg to take on Amazon - Vimarsana News

Kishore Biyani's Big Bazaar set to launch marketing blitzkrieg to take on Amazon

Kishore Biyani's Big Bazaar set to launch marketing blitzkrieg to take on Amazon SECTIONS Share Synopsis ​​While Amazon, which is locked in a fierce legal battle with the Kishore Biyani-led Future Group, has been running an advertising campaign since 2016 with the tagline ‘India ki Apni Dukaan’ (India’s own shop), Big Bazaar’s tagline will now read ‘India ki Asli Dukan’ (India’s original shop), said people familiar with the development. Big Bazaar’s move comes at a time, when the debt-laden Future Group is looking at ways to put its assets to better use, while its Rs 24,70...

SAT stays Sebi ban on Future group promoters from securities market - Vimarsana News

SAT stays Sebi ban on Future group promoters from securities market

Firms/companies > F > Future Group SAT stays Sebi ban on Future group promoters from securities market 19 February 2021 The Securities Appellate Tribunal (SAT) has stayed the Securities and Exchange Board of India (Sebi’s) order restricting Future Group promoter Kishore Biyani and the other promoters of the group from accessing the securities market. Sebi had barred Future Group promoters from accessing the securities market for alleged insider trading in the Future Retail (FRL) scrip. The SAT order comes as a big relief to the Future Retail CEO, who is beng haunted by US online retailer Am...

Kishore Biyani, Future Corporate Resources Move Securities Appellate Tribunal Against SEBI Market Ban - Vimarsana News

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.