Who owns Future Retail?

Future Retail, formerly led by Kishore Biyani as part of the Future Group, is currently undergoing liquidation proceedings as of late 2024/2025 after a failed acquisition attempt by Reliance Industries. While Reliance took over many store leases, the entity itself faces insolvency after lenders rejected sale plans.

Who is the owner of future retail?

Kishore Biyani is the founder and Group CEO of Future Group.

Is Future Retail bought by Reliance?

In August 2020, it was announced that Reliance Retail had reached an agreement with Future Group to acquire the latter's retail and wholesale businesses and its logistics and warehousing businesses for $3.4 billion.

What is Kishore Biyani's net worth?

According to Forbes magazine, he had a net worth of US$1.78 billion in 2019.

Is Reliance fully owned by Ambani?

🏢 While the Ambani family continues to hold a controlling 50% stake, nearly 39% of Reliance is now owned by institutional investors including foreign institutions (18%), mutual funds (9.5%), and insurance companies (9.2%).

Amazon vs. Reliance: Why are they at War? | Future Retail Deal

Who is bigger, Tata or Reliance?

Tata Consultancy Services and Reliance Industries are the two largest companies in India. While TCS has a higher market valuation, Reliance has higher revenues.

What if I invested 10000 in Reliance in 2010?

Investing ₹10,000 in Reliance Industries (RIL) in 2010 would have yielded substantial returns due to strong growth and bonus shares, turning it into tens of thousands of rupees, potentially over ₹45,000 by 2020 or even more by mid-2025, illustrating the power of long-term investing with patient holding, even factoring in stock splits and bonus issues that multiplied share counts, showcasing significant wealth creation over a decade or more. 

Who is the king of retail in India?

Radhakishan Shivkishan Damani is an Indian billionaire businessman and investor. He is the founder and chairman of retail chain DMart. Damani is referred to as the "retail king" of India. His estimated net worth is US$15.5 billion as of December 2024, according to Forbes.

Who is Adani's net worth?

As of September 2025, Adani is ranked as the second richest person in India and 29th in the world, with a net worth of $64 billion. In 2022, Time magazine included him in the 100 most influential people in the world. As a teenager, Adani moved to Mumbai in 1978 to work as a diamond sorter for Mahendra Brothers.

Why did Big Bazaar fail?

Big Bazaar failed due to excessive debt, poor digital transformation, legal troubles with Amazon, and the impact of COVID-19. These combined factors led to operational and financial collapse.

Can we buy Future Retail share?

You can easily buy Future Retail shares in Groww by creating a demat account and getting the KYC documents verified online.

Who is the owner of Pantaloons?

Aditya Birla Lifestyle Brands Limited (ABFRL) emerged after the consolidation of the apparel businesses of Aditya Birla Group, comprising ABNL's Madura Fashion division and ABNL's subsidiary Madura Lifestyle into Pantaloons Fashion and Retail (PFRL) in 2015.

Is AJIO under Reliance Retail?

AJIO, a fashion and lifestyle brand, is Reliance Retail's digital commerce initiative and is the ultimate fashion destination for styles that are handpicked, on trend and at prices that are the best you'll find anywhere.

Where does Kishore Biyani live?

Kishore Biyani was born in August 1961 and is married to Sangita Biyani. They live in Mumbai with their daughters, Ashni and Avni.

Why did Walmart leave India?

Since FDI regulations restricted Walmart from retailing in India, it had joined hands as a wholesaler with Bharti Group and opened 21 'Best Price' stores. Walmart played the B2B role, while Bharti took care of the front end (B2C). The affair, however, did not last long; they parted ways in 2013.

Who are the top 3 retailers?

Walmart, Amazon and Costco are the top three retailers, respectively, in the National Retail Federation's annual list of Top 100 Retailers which ranks the industry's largest companies according to 2024 U.S. sales.

Who is India's no. 1 richest man?

As of late 2025 and early 2026, Mukesh Ambani, Chairman of Reliance Industries, consistently ranks as India's richest man, leading lists from Forbes, Fortune India, and other sources, with significant holdings in telecom (Jio), retail, and energy, followed closely by Gautam Adani & family.
 

Who is bigger, Tata or Adani?

Noted for its close association with the ruling Bharatiya Janata Party, Adani was the largest Indian conglomerate as of 2022 with a US$206 billion market capitalisation, surpassing Tata Group.

Is Srk richer than Ambani?

Among billionaires, Ambani leads with a fortune of Rs 9.55 lakh crore, followed by Gautam Adani with Rs 8.14 lakh crore. Bollywood superstar Shah Rukh Khan (59) entered the billionaire club for the first time with a fortune of Rs 12,490 crore.

Which British retail brands are in India?

Marks & Spencer, Asos, Boohoo Group, Next, Dune Group, Karen Millen, Superdry and Simon Carter are among the British retailers joining Zara in expanding into the lucrative Indian market. Drapers tracks their journeys.

How many billionaires are there in India?

India's wealth creation engine continues to accelerate, with a record 358 dollar-billionaires and 1,687 individuals worth over ₹1,000 crore, according to the newly released M3M Hurun India Rich List 2025.

How much to invest to make 1 crore in 5 years?

Reaching ₹1 crore in five years isn't just about saving aggressively: it's about investing strategically and earning higher returns. To reach this goal, you'll need an annualised return of around 15–18%, assuming a monthly investment of approximately ₹1 lakh.

What if I invested $10,000 in Apple 10 years ago?

If You Bought Apple Stock 10 Years Ago

Apple's stock traded at approximately $28.93 per share 10 years ago. If you had invested $10,000, you could have bought almost 346 shares. Currently, shares trade at $275.25, meaning your investment's value could have grown to $95,143 from stock price appreciation alone.