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Kishore Biyani’s Hamletian muddle: Will the Future Group founder walk his talk?

Biyani wants to make his group the largest retailer in India. But he is still hunting for a winning strategy. Mired in debt, Future Group needs a turnaround. And internal restructuring is not yielding the desired results.
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soumyagupta
21 Feb 2019 5 Mins Read 0 comment
Kishore Biyani's business strategies get market interest but don’t necessarily help the bottom line. Getty Images
Kishore Biyani's business strategies get market interest but don’t necessarily help the bottom line.
To be, or not to be. The Hamletian dilemma has often dogged Future Group founder and CEO Kishore Biyani. He has often been candid about his ambitious plans, but hasn’t been able to walk the talk so far. Biyani’s announcements about his new ventures and exits from the existing ones, apart from fundraising to fuel future expansion, have only
Abdul Shafiq and Mohammad Arshad) ( Disclaimer: BCCL, which owns Times Internet Limited (ET Prime), holds shares in several Future Group entities.) (* Clarification: Future Retail's domestic mutual fund holding has been corrected.A graph comparing PEs of Future Group companies has been removed because the PE of Future Group companies are not comparable over time. We regret the errors.)
To be, or not to be. The Hamletian dilemma has often dogged Future Group founder and CEO Kishore Biyani. He has often been candid about his ambitious plans, but hasn’t been able to walk the talk so far. Biyani’s announcements about his new ventures and exits from the existing ones, apart from fundraising to fuel future expansion, have only Abdul Shafiq and Mohammad Arshad) ( Disclaimer: BCCL, which owns Times Internet Limited (ET Prime), holds shares in several Future Group entities.) (* Clarification: Future Retail's domestic mutual fund holding has been corrected.A graph comparing PEs of Future Group companies has been removed because the PE of Future Group companies are not comparable over time. We regret the errors.)

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