SEARCHED FOR:KISHORE BIYANI
The Reliance cheque that could mark the end of Kishore Biyani's play in retail
Mukesh Ambani has been buoyed by investments close to $20 bill...
What made Kishore Biyani's Future is also what led to his undoing
If the debt position pushed Biyani into a corner, the pandemic sealed his f...
RIL inches closer to bolster its presence in retail space as it nears deal with Future Group
Reliance Industries (RIL) is in late-stage talks...
RIL in talks with Future’s lenders for 30% haircut
The negotiations involve a haircut of nearly 30% on outstanding loans of more than ₹6,000 ...
Amazon stake knot in any Reliance-Future deal
Amazon owns 3.5% in Future Retail, the Future Group flagship that Reliance Retail is said to be interested in.
Kishore Biyani may sell big Future Retail stake to Amazon
Kishore Biyani is planning to sell a massive stake to Amazon in an attempt to keep its crown jewel afloat.
Mukesh Ambani nears deal to buy stake in Amazon’s India partner
Reliance is closing in on a deal that would see it acquire stakes in some units of Future Group.
Biyani’s personal debt final item in $3 billion RIL-Future deal
The Mukesh Ambani-led RIL is also likely to acquire up to a 10-15% minority stake in the group’s fast-moving consumer goods (FMCG) business Future Consumer, said these sources.
Eye on Future, RIL to buy minority stake in its FMCG business
A minority stake in the consumer goods business will give RIL greater say over pricing and discounting strategies for products sold in its stores as well as online, while for FCL, it will ensure continuity of sales and supplies of its FMCG products to its big retailers in the long term.
Future Retail up 5% after report says Reliance nears deal with parent
Reliance and Future have ironed out their differences over certain terms and conditions and a deal will be announced soon
RIL inches closer to buying Future Group’s retail business
A second person said that the deal has taken time due to disagreements over the valuation of Future Retail, the flagship of Biyani’s enterprise. Future Retail, meantime, is facing increased liquidity pressure after it missed interest payments on its US dollar-denominated bonds last week.
Reliance and Future Retail in the process of finalising share-swap deal
The swap arrangement would result in Kishore Biyani and other shareholders of Future holding shares in RIL, one person aware of the development said. Reliance would directly repay Future’s lenders but would not pay any cash to its shareholders, said these people.
Coronavirus scare: Kishore Biyani plans stake sale in Future Retail, insurance biz to tide over debt woes
Biyani in talks with investors including Premji Invest to sell a large chunk of the promoter stake in FRL
Kishore Biyani sees a ‘Phygital’ future for retail
Chief of Future Group said physical and online retail channels may converge soon.
Corporate chatter: Covid cloud over Biyani's deal with Reliance Retail; money woes for this Mittal, and Kolkata heiress throws a tantrum
Corporate India saw some intrigue and action even as the novel coronavirus peaks.