Tag Archives: Future

Future Retail raises ₹2,000 crore through issue of warrants to promoter entity

NEW DELHI: Future Retail Tuesday said it has raised nearly₹2,000 crore through issue of warrants to its promoter group entity on a preferential basis. “The committee of directors of the company has inter-alia considered and allotted 3,96,03,960 equity warrants at a price of ₹505 per warrant, each convertible into or exchangeable for one equity share of face value of ₹2 each…to Future Coupons ... Read More »

View: Future of democracy is literally in India’s hands

. “On or about December 1910, human character changed,” the English novelist Virginia Woolf once wrote. It’s no exaggeration to say that human character in India changed equally dramatically between 2014 and 2019 as the number of active smartphones in the country quadrupled from 100 million to 400 million. Woolf, like many of her contemporaries in the early 20th century, was interested ... Read More »

‘Crude prices to hold firm in future as supply tightens’

Crude-oil prices have been rising sharply in international markets as OPEC is committed to rebalancing the crude oil market. The latest update shows that OPEC’s crude-oil production in March further declined to 30.02 million barrels a day, from 30.56 million b/d the previous month. A steep decline in production from Saudi Arabia, Venezuela and Iraq led to rise. Saudi Arabia ... Read More »

Under arrest: The future of Julian Assange and WikiLeaks

On The Listening Post this week: Journalism on trial – WikiLeaks founder Julian Assange faces extradition after arrest in London. Plus, the journalists who exposed Malaysia’s 1MDB scandal. Under arrest: The future of Julian Assange and WikiLeaks Six years, nine months, three weeks, two days after taking refuge in the Ecuadorian embassy, the impasse was broken when Julian Assange was dragged out of the building by British ... Read More »

4th industrial revolution will add unpredictability to future of work: India

As the ILO marks its centenary amid unprecedented technological transformationand disruption in the labour market, Indiahas said the fourth industrial revolution will add unpredictability to the future of work, requiring people’s opportunities and well-being to be localised and re-examined. “Anxiety about the impact of technology on the world of work is not new. The question of how technology shapes work and labour and how society ... Read More »

Future Consumer to raise Rs 350 crore, acquire Athena Life Sciences brands

Kishore Biyani’s Future ConsumerNSE 1.57 % said it plans to raise Rs 350 crore from existing investors – International Finance Corporation, Verlinvest and promoters to fund expansion plans. IFC, a member of the World Bank Group will invest Rs 210 crore while Verlinvest SA, an investment companyNSE 0.22 % of Belgium-based founding families of Anheuser-Busch InBev, will invest Rs 70 crore through preferential allotment of compulsory ... Read More »

Connected care will be the future of healthcare: Srinivas Prasad

NEW DELHI: Lack of access and poor quality healthcare claims millions of lives in the developing world every year. According to a September 2018 report in Lancet, 1.6 million people die in India every year due to inadequate healthcare. Experts say that in countries like India where 70% of the population live in rural areas and going to a hospital can be a huge ... Read More »

Faraday Future strikes deal to make cars in China with mobile gaming company

Troubled electric car startup Faraday Future has received another surprise lifeline in the form of a new 50/50 joint venture partnership with Chinese online video game company The9, the EV company announced Sunday. The9 says it’s willing to contribute up to $600 million to the joint venture, and Faraday Future has promised to use that money to make a new ... Read More »

Jet Airway’s Future Hangs In Limbo As Talks Go Nowhere

James Hogan, CEO of Etihad Airways, left, and Naresh Goyal, chairman of Jet Airways, attend a news conference in Mumbai, India, on August 11, 2014. (Photo: Vivek Prakash/Bloomberg) © 2014 BLOOMBERG FINANCE LP Will Naresh Goyal be remembered as the man who created India’s first successful private airline, or the man who caused it to collapse? It’s been a few ... Read More »

Ideas for Profit | Future Supply Chain: A lucrative investment opportunity

Logistics companies has been on an uptrend after the introduction of sectoral reforms in the past couple of years. Future Supply Chain Solutions (FSCS), the third-party logistics provider, has been on an aggressive expansion spree in the past one-year and the reported another strong result in Q3 FY19. Earnings are anticipated to gain further traction as the company has a strong revenue pipeline ... Read More »