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Read more about RIL, Future Group shares in demand after Sebi nod on Business Standard. Shares of Reliance Industries (RIL) and Future Group companies were in demand after the market regulator Sebi approved the deal between the two, subject to a number of conditions in the composite scheme of arrangement.
Despite exhortations by Amazon, markets regulator SEBI has approved the deal between Future Group and Reliance Industries. SEBI, in a letter issued on Wednesday, approved the deal subject to a number of conditions in the Composite Scheme of ...
BSE data shows Sensex hit the milestone of 40,000 mark on May 23, 2019, in intraday trade.
Future Group, which had entered into a Rs 24,713-crore deal with billionaire Mukesh Ambani-led Reliance Industries to sell its retail business, has also received large orders from Jio Mart that is helping the retail major chart a strong comeback.
Sales to normalise by January-end, getting orders from Jio Mart: Future Group CEO Kishore Biyani Biyani said that Future Group - which operates popular retailing formats like Big Bazaar, FBB, Central and Nilgiris - has seen sales touching almost 60 per cent of the pre-COVID levels. Share Via Email | A+A A- By PTI NEW DELHI: Future Group expects normal sales to return for its retail vertical by the end of January, almost a year after the business was severely hit by pandemic-related disruptions, its founder and Group CEO Kishore Biyani said. Speaking to PTI, Biyani said that Future...