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Future Retail closes 11.68% higher on unveiling of 30-year vision plan

On Tuesday, the retail chain unveiled a 30-year vision, Retail 3.0, by when it plans to become Asia's largest integrated consumer retailer by 2047 with revenue of in excess of $1 trillion. Future Group chief executive Kishore Biyani said by the end of the current fiscal, the group will have 1,100 Easyday stores from the present 700.

 
 

The Bharti Infratel stock closed 4.16 percent or 17.10 points  lower at 394 level on the BSE. The Airtel stock ended at Rs 497, down 0.07 percent.

The Rs 9,600 crore IPO was subscribed 1.19 times  during its three-day bidding from November 1 to November 3.
Earlier in the day, a media report said internet search firm Google has entered talks with the local search engine to acquire its business.
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