Future Group’s Biyani brothers face pressure from creditors to recover ₹800 crore | Today’s news
Mounting debt
The cases come against a backdrop of mounting debt and financial difficulties at Future Group, once one of India’s largest organized retail companies. Founded by Kishore Biyani, the Mumbai-based group has built a nationwide presence through retail chains and brands such as Big Bazaar, Food Bazaar, Pantaloons, Central and Brand Factory. It has also expanded into fashion, food, logistics and consumer goods.