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Mar 15, 2023 · Debt-ridden Future Retail Ltd said on Wednesday Kishore Biyani has withdrawn his resignation as the executive chairman and director of the company. The company, currently under insolvency proceedings, said "the resolution professional objected to the contents of (Biyani's resignation) letter" and requested him to recall the letter.
Apr 12, 2024 · Reuters Kishore Biyani Future Group promoter Kishore Biyani has settled dues worth Rs 571 crore to lenders of Bansi Mall Management Company by making a one-time settlement of Rs 476 crore, a recovery of 83% for the creditors.
Dec 20, 2023 · The ruling came after the entities challenged an order passed by the Securities and Exchange Board of India (Sebi) in February 2021 that had barred Kishore Biyani and certain other promoters of Future Retail Ltd from the securities market for one year for indulging in insider trading in the shares of the company
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Jan 25, 2023 · Kishore Biyani and 15 others including FRL and Future Coupons Private Ltd (FCPL) have been embroiled in a series of litigations with Amazon, an investor in FCPL, over the deal with Reliance.
Kishore Biyani, born into a trading family, defied convention by starting with stonewashed fabric sales, then pioneering Big Bazaar and other retail formats, making him an Indian retail icon.
Nov 2, 2023 · Kishore Biyani spoke also about the tussle between Reliance and Amazon that further added to the woes of Future Group that was already in crisis mode following the COVID-19 pandemic.
