Future

Neighbours key for our future: Mizoram’s elder statesman

In the 1960s, Pu Bualhranga walked the hills of Myanmar and Bangladesh as a top leader of Mizo National Front then spearheading a powerful insurgent movement against India. Now in his mid-eighties, he advises his former comrades now ruling Mizoram and is treated as the wise old man who seen much ups and downs. “I have been a legislator of People’s Conference but never ... Read More »

Future Group fires 400 employees to scale down e-comm venture

Mass layoffs in India are no longer limited to only the information technology and automobile sectors, as witnessed last year. In the past couple of months, Indian companies and startups have been shedding jobs to balance their mounting financial stress. The massive layoffs are happening across segments, and this time the new-age startups are in the lead. And the list ... Read More »

Future gains prompt traders to hold cardamom stock

With cardamom arrivals continuing to remain  robust, there are reports of stock being held back in anticipation of future gains. Traders raised the suspicion that other than farmers, stockists, speculators, commodity brokers as well as a few traders are holding stock expecting better prices in the lean months of January, February and March. This is one reason for the heavy ... Read More »

Future Retail to raise up to $500 million through dollar bonds

Mumbai: Kishore Biyani’s Future Retail Ltd on Saturday said that its board has approved a fundraising plan to raise up to $500 million through dollar denominated bonds, the company said in a filing with stock exchanges. “Further to the decision taken in the Board meeting held on 12th October, 2019, the Board has reconsidered the various funding options for the acquisition of the ... Read More »

Ericsson’s ConsumerLab report predicts a future ruled by AI and VA

The report represents the predictions of 34 million early technology adopters 60% virtual assistant (VA) users believe that devices that understand our moods will be mainstream in two years, as per the ConsumerLab trend report by Ericsson. The Swedish telecommunications company in the eighth edition of its annual report evaluated consumer thoughts and predictions on near-future technology including artificial intelligence ... Read More »

Challenged by China and Russia, US builds force for future space wars

WASHINGTON: The United States has met a mounting 21st century strategic challenge from Russia and China with the creation of a full-fledged US Space Force within the Department of Defense. Acting on an ambition by President Donald Trump that had met resistance at first, the White House signalled its determination to not cede superiority in a Star Wars-like future of killer satellites and satellite-killer weapons. Trump made the ... Read More »

Nippon Express gets CCI nod to buy 22% stake in Future Supply Chain Solutions

New Delhi: The Competition Commission on Tuesday said it has approved Nippon Express’ acquisition of 22 per cent stake in Future Group’s logistics arm Future Supply Chain SolutionsNSE -0.82 % Ltd. Future Supply Chain Solutions in September said that Japan-based Nippon Express Co will acquire 22 per cent stake through a combination of primary issuance and secondary purchase from an existing investor. The Competition Commission of ... Read More »

Reimagining the future of the consumer in India

AI, IoT and other tech-driven tools are not only tracking consumer buying behaviour but also increasingly influencing it Tech trends are altering the retail scenario globally and in India the situation is no different. Today, the Indian ecosystem is embracing the latest innovations at an encouraging speed, which are forming an essential part of their go to market strategy. Brands ... Read More »

Kishore Biyani-led Future Consumer to take its brands to the bigger bazaar

NEW DELHI: Kishore Biyani-led Future Group company Future ConsumerNSE -2.92 % is set to take its portfolio of over two dozen personal care, snack and homecare products to general stores across the country, competing with consumer goods giants Hindustan UnileverNSE -0.56 %, Reckitt Benckiser and PepsiCo amid slowing consumption in India. “So far, we have been distributing only a few of our own brands in general trade ... Read More »

Future Consumer names Rajnikant Sabnavis as CEO

NEW DELHI : Future Consumer Ltd, part of Kishore Biyani-led Future Group, on Tuesday named Rajnikant Sabnavis as its new chief executive officer, effective January 1, 2020. Future Consumer is the consumer goods arm of Future Group and sells popular packaged goods brands such as Tasty Treat, Voom fabric care, Karmiq dry fruits, Sunkist beverages and Mother Earth, its organic staples brand, ... Read More »