Page 18 - Future Retail

Future Group's 'Sabse Saste Din' sale on Republic Day to be live on Amazon

The company's 'Sabse Saste Din' sales are held around Republic Day and Independence Day holidays

Amazon-Future Retail deal: How the tie-up benefits both the firms

Future Retail has entered into a long-term agreement with Amazon India, which will help expand the reach of the former's retail outlets

Amazon India inks two long-term agreements with Future Retail, FCL

The development comes after Amazon had agreed to buy 49% stake in Future Coupons Ltd

After board's nod, Amazon-backed Future Coupons to own 7.5% of retail arm

Retailing arm expected to net about Rs 2,000 cr from deal

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

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+

7-Eleven tweaks convenience store format for India roll-out next year

Experts say the emphasis on eating out at 7-Eleven in India is linked in part to curbs on foreign direct investment in multi-brand retail in the country

Kishore Biyani-led Future Retail Q2 net profit down 7% at Rs 165.08 cr

The company had reported a net profit of Rs 177.37 crore in July-September quarter a year-ago

Amazon's Future Retail deal under CCI scanner, could be delayed: Report

The CCI sought justification from Amazon on why it chose to file a Form I, the source added, which could potentially delay approval of the deal

Future Retail to buy group co's infrastructure assets in Rs 4,000-cr deal

Future Retail said the management had given in-principle approval for the acquisition of the assets, adding it would be done in one or more tranches and after getting an independent valuation report

Future Retail stock falls over 5% day after e-commerce giant Amazon deal

Percentage of promoter stake in Future Retail pledged to lenders has been steadily increasing in the past year

Future Retail erases morning gains, slumps up to 8% post Amazon deal

After almost a year of negotiations, global e-commerce and technology giant Amazon.com is acquiring a 49 per cent stake in Future Coupons, the promoter entity of Future Retail.

Top 10 biz headlines: Auto crisis worsens, India Inc gets CSR relief & more

From Amazon closing in on buying stake in Future Retail to Japan cautioning Andhra against reworking green power pacts, here are the top ten business headlines on Wednesday

Amazon in talks to buy 8-10% stake in Future Retail; deal to close in weeks

The deal, if it goes through, will help Amazon further strengthen its foothold in the Indian market where it already operates an online marketplace

Future Retail eyes 8 stores of 7-Eleven in Mumbai in phase one of expansion

The group is looking at two formats of the convenience store

Improving mix at Hypercity should help spur Future Retail's margin profile

The firm is looking at ways of increasing operating profit margins that came in at 5.2 per cent in the December quarter

Kishore Biyani's Future Retail prepares Rs 2,750-crore war chest

The equity infusion will happen at Rs 505 a unit

Future Retail nears 52-week low; slumps 21% in eight trading sessions

The stock down 3% to Rs 444 on BSE in early morning trade, quoting close to its 52-week low price of Rs 423 touched on October 8, 2018.

Future Retail falls 14% in three days in a firm market

The stock slipped 6% to Rs 484, falling 14% in past three trading days, as compared to a 2% rise in the S&P BSE Sensex.

Bharti Enterprises sells Future Retail's shares worth around Rs 3 bn

Edelweiss group firm Ecap Equities Ltd bought 1.65 mn shares worth over Rs 870 mn, while Edelweiss special opportunities fund purchased 4.043 mn shares valuing Rs 2.12 bn