Top Story

e4m_logo.png

Home >> Marketing >> Article

Kishore Biyani steps down as MD of Future Retail

03-May-2016
Font Size   16
Kishore Biyani steps down as MD of Future Retail

Future group Chairman Kishore Biyani has resigned as Managing Director of Future Retail Ltd in view  of the realignment of the group’s business.

It must be mentioned that in May 2015, Future group agreed to merge its retail business with rival Bharti Retail in an all-stock deal worth Rs 750 crore to create one of the biggest supermarket chains with a turnover of Rs 15,000 crore. 

As per the deal, both the companies had proposed a demerger of the retail business of Future Retail to Bharti Retail and separation of the infrastructure business of Bharti Retail into Future Retail. 

However, Biyani would continue to hold office as non executive director of Future Retail Ltd.
 

Kranti Gada joined the family business at Shemaroo in 2006 after a successful stint of over two years in marketing at Pepsi Co. She has been associated with the company for 12 years.

Exchange4media interacted with Jaspreet Chandok, Vice President and Head (Fashion) , IMG Reliance Pvt. Ltd on seamless brands integrations planned for Lakme Fashion Week, walking tall despite blazing trails like GST, demonetization and being a part of the larger cultural space

Their strategy to educate the consumers to make well informed decisions at all stages has worked out well.

Bobby Pawar, MD, CCO - South Asia, Publicis India, talks about his idea of chilling out

In a market that is dominated by giants like Mercedes, Volvo and Mitsubishi, Tata Motors is using VR to deliver a compelling sales pitch

Shaan Raza, Deputy Managing Director, Optimise, spoke to exchange4media about their journey since inception and their new technology, TrackingX, which they are planning to launch in India by February...

Meanwhile, Radio City and Radio Mirchi ruled Bangalore and Kolkata respectively