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Hypercity Retail

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Kishore Biyani's remuneration fell 44% to Rs 2.17 cr last fiscal

The remuneration of Kishore Biyani, chairman of debt-ridden Future Retail Ltd, declined nearly 44 per cent to Rs 2.17 crore in the last financial year. In 2020-21, business activities were hit by......

Biyani's Future looks uncertain if RIL deal fails

Banking sources said the debt recast is actually 'Plan B' to help the nation's largest retailer stay afloat. Lenders to Kishore Biyani's Future Group will withdraw the just-approved debt recast......

Why food and grocery retail looks like a tough nut to crack

The sale of Nature’s Basket, Godrej’s chain of food stores in west India, is the second exit by a big group in a year in the category The $4.5-billion Godrej group last week joined......

Why More failed to give shape to Aditya Birla group's retail dream

'Unlike Big Bazaar, where the promoter calls the shot, in ABRL, professionals take decisions. So, every new CEO leads to a change in strategy, which confuses vendors and the team.' Aditya Birla......

How Shoppers Stop pulled itself back

Shoppers Stop returns to its core business after divestments. The retailer plans growth through web and private labels. Four transactions by Shoppers Stop in a fortnight, including divestment of a......

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