- After eZone, Future Group looking to restructure home furnishing chain HomeTownFuture Group’s Foodhall eyes revenue of Rs 150 crore by FY15Kishore Biyani's Future Group woos kiranas, homemakers with Big Bazaar DirectChasing profits, Kishore Biyani’s Future Group shut 40% of Food Bazaar stores in 2013
funds through global depository receipts (GDRs) to pay for the deal. Reports say that the NBFC managed to raise R315 crore through the
“Since IITL is a listed and publicly traded company, the matter was referred to Sebi for examination and appropriate action at their end,” IRDA said.
In a bid to pare its debt, Future Group has been restructuring its businesses for nearly two years while also selling stakes in its retail, financial services, life insurance and general insurance businesses. Future Retail's debt as December 31 exceeded R5,000 crore.