The Downfall of Future Group: A Tale of Retail Power Struggles and Legal Challenges.
Future Group, the powerhouse behind Big Bazaar, Future Retail, and Brand Factory, was once at the forefront of India’s retail industry. Founded by Mr. Kishore Biyani, it stood as a symbol of innovation and leadership in the market. However, intense competition between Amazon and Reliance Retail, combined with complex legal battles under the Insolvency and Bankruptcy Code (IBC), 2016, has brought this retail giant to the brink of liquidation.
Curious to know how it all unfolded? Watch our latest video that delves into the rise and fall of Future Group, exploring the impact of the NCLT orders, the intricacies of IBC, and the ultimate liquidation. It’s a compelling story of how quickly fortunes can change in the world of big business.
Don’t miss out on this insightful journey through one of the most significant events in India’s retail history.