Future Group
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Opportunity India Desk Jun 13 2022 - 3 min readThe National Company Law Appellate Tribunal (NCLAT) on Monday rejected Amazon's plea challenging the decision of fair trade regulator Competition Commission of India (CCI) to suspend the approval for the e-commerce major’s deal with Future Coupons. It also slapped a fine of INR 200 crore to Amazon for non-disclosure of relevant information on combinations under ...
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Opportunity India Desk May 23 2022 - 3 min readThe E-commerce major Amazon has accused Future Retail’s independent directors of ‘facilitating’ alienation and transfer of the latter’s 835 retail stores in favour of Reliance Retail. These stores — both large-format such as Big Bazaar and small-format such as Easy Day and Heritage Fresh — were transferred in the teeth of binding injunctions and court ...
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Franchise India Bureau Mar 01 2019 - 1 min read7-Eleven, the world's largest convenience store chain, has inked a master franchise agreement with Future Group. Under this agreement, Future Group will open and manage 7-Eleven's stores in India. SHME Food Brands, a subsidiary of Future Retail, will be opening newer stores as well as convert existing locations to the 7-Eleven brand, starting this year. Ken Wakabayashi, International ...
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Franchise India Bureau Feb 05 2019 - 1 min readConsumer durable brand Lloyd, owned by Havells India, will be foraying into India's Rs 15,000 crore refrigerator market in the next 1-1.5 years. The company will be boosting its consumer durables portfolio by entering this market. Havells is expecting its non-AC portfolio to grow and contribute around 50-60% of the revenue from the Lloyd business. Anil Rai Gupta, ...
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Franchise India Bureau Dec 10 2018 - 1 min readOnline learning platform Coursera has collaborated with Australia's Macquarie University to introduce a full-time global MBA programme on its platform. The programme is targeting the workforce in the APAC region. It is the first such collaboration with a university in this region. Leonie Tickle, associate dean, learning and teaching, Macquarie University, said, "This is an ...