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Kishore Biyani may keep FMCG arm off the deal table in talks with Amazon

This comes as Biyani charts out an aggressive future for the company, predicated on a series of launches, brand tie-ups

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Fmcg  |  Kishore Biyani

Viveat Susan Pinto  |  Mumbai 

Future Consumer could be the silent engine that Kishore Biyani, chief executive officer of Future Group, hopes will power his business in the coming years.

Despite talks with US major Amazon for a possible stake sale in Future Retail, and an entry of the former (through an investment arm) into the group, Future Consumer, the fast-moving consumer goods (FMCG) arm of the conglomerate, could be kept out of the ongoing negotiations, sources in the know said. This comes as Biyani charts out an aggressive future for the company, predicated on a series of launches, brand tie-ups ...

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First Published: Wed, December 05 2018. 23:36 IST
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