future group

Aziz Premji picks stake in Subhiksha, fuels rumours of sell out

06 sep 2008

After picking up a 10% stake in Subhiksha for Rs.230 crore, Wipro’s Aziz Premji may have created speculation that Subhiksha promoters are looking for an exit owing to its astronomical valuation of Rs.2300 crores.

Why would Kishore Biyani look to buy out UTV?

12 dec 2007

UTV Software Communications, one of the profitable media companies is attracting interest from unlikely quarters. After its impending sell-off to Walt Disney, the market is ripe with rumours that Future Group’s Kishore Biyani may pay a 20% premium to the price committed by Disney and acquire 51% stake for Rs.1751 crore.

DLF partnering Burger King – bounded by real estate

23 nov 2007

McDonald’s is soon going to have a competitor in India with the entry of US fast food chain, Burger King into India in partnership with DLF, if reports are to be believed.

Pantaloon to add single price retailing to its lines of business

26 oct 2007

My Dollar Store, the Indian version of “Dollar Store” in US and “Poundland” in UK may soon don the stable of India’s largest retailer, Pantaloon Retail. According to reports on CNBC-TV18 and DNA, Future Group’s investment arm, soon to be listed Future Capital may pick up 25% stake in My Dollar Store for value around Rs.30 crore through their private equity arm, Indivision.