Friction #14: Future Group hit by a double whammy

We rarely make our stories free to read. This one is, so make the most of it.
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
No payment details required
$99 for one year
More in Business
You may also like
Is retail a sputtering growth engine for Reliance?
The key moneyspinner of Mukesh Ambani’s conglomerate is undercutting rivals by offering aggressive discounts, leveraging distribution and reviving once-forgotten Indian brands to draw millions of consumers across India. Yet, there are signs of a slowdown.
Can quick fashion delivery startups keep up with Myntra and Ajio?
The likes of KNOT, Zulu Club and Slikk are trying out several ways to make the latest trend in quick commerce work. But standing up to the big boys of online retail will be an arduous challenge.
Google, Perplexity, Meta, Amazon… how the West won India
Thanks to millions of Indians with cheap data connections and little to do, Big Tech continues to make giant strides in the country. The narrative of an atmanirbhar Bharat in technology is now dead in the water.