Future Group to list FVRL independently

The Future Group had recently hived off its value retail business, including Big Bazaar and Food Bazaar into a separate wholly owned subsidiary, Future Value Retail (FVRL). The company now plans to list FVRL independently to fund its growth. According to Mr Biyani, the company has a total requirement of Rs.1,800 crore. Of this, around Rs.750 crore has already been raised. He said, "Listing the value retail business is one of the options we are looking at to fund our growth."