Page 4 - Future Group Future Retail

Future Group: Retail king of India faces litmus test as debt soars

Future Group sees its biggest crisis after raising high-cost loans from PEs and pledging shares

Future Group stocks tank, Future Retail hits 5% lower circuit for 13th day

As per reports, the coronavirus, or COVID-19 outbreak, has impacted the Kishore Biyani-led Future Group's business.

Future Retail Q3 profit slumps 17% to Rs 165 cr, total income falls 3%

Total income fell 3.07 per cent to Rs 5,208.89 crore during the quarter under review from Rs 5,374.12 crore in the corresponding quarter last year.

E-commerce giant Amazon buys 49% stake in Kishore Biyani's Future Coupons

Through this transaction, Amazon has managed to acquire around a 3.6 per cent stake in the Future group

Future Retail board okays raising funds up to $500 mn to acquire new assets

The board, at its meeting held on Saturday, also approved "the allotment of total 396,03,960 equity warrants at a price of Rs 505 per warrant to Future Coupons Private Limited

Value-chain fashion retailers see a blip in business in 2019 amid slowdown

Future Group also has plans to invest Rs 350 crore to open 140 exclusive outlets in the next two years.

Brickwork lowers outlook for Future Retail's proposed NCDs to negative

The rating agency has also reaffirmed rating for the company's proposed commercial paper at BWR A1+

Future Retail zooms up to 18% on CCI approval to Amazon-Future Coupon deal

FCL is broadly engaged in marketing and distribution of corporate gift cards, loyalty cards and reward cards to corporate customers.

Creation phase over, Future now looking to become a cost leader: CEO Biyani

We have to become a cost leader in whatever we do. And derive more from less, says Kishore Biyani

Future Group shares gain on talks of global interest

Future Retail, Future Enterprises and Future Consumer have rallied more than 5% on the BSE.