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Future Retail posts net loss of Rs 692 cr in Q2, revenue declines 74%
Future Retail admitted in a statement that the Covid-19 pandemic had impacted its business significantly
50% growth in HyperCity possible: Rakesh Biyani
Interview with Rakesh Biyani, joint managing director of Future Retail
Future set to up fashion quotient of HyperCity
After rebranding HyperCity stores as Big Bazaar Gen NXT, Future would set up FBB (earlier called Fashion at Big Bazaar) inside the stores
Biyani's Future Retail buys Rahejas' loss-making HyperCity for Rs 655 cr
The preferential allotment will be made at a premium of Rs 535 per share and the remaining Rs 155 crore will be made upfront in cash