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FM to begin pre-Budget talks on January 5
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Future Group expands menu; to set up hotels in next 6 mths

Kishore Biyani-led Future Group is planning entry into hotel business and may set up the first one in the next six months. - Future Value Retail to start functioning from Jan 1 - 2009: Organised retail feels recession pangs - Even as sales recover, retailers continue working on costs - Future Group to bring financial service businesses under JV - Pantalooon Retail raises Rs 500 cr via QIBs - "Take loan, will grow" model led to Vishal"s big fall "We will set up hotels in the Indian style where people can get indigenous food," Future Group Chairman Kishore Biyani said at a conference here. The first hotel will come up in Raipur within the next six months, he said. The Group also plans to set up consumer and entrepreneur training schools and the first among them would come up in Mumbai"s outskirts. "We will start three-four consumer and entrepreneur training schools in the country within a time span of 6-8 months. The first among them will come up in the outskirts of Mumbai. Our plan is to implement an innovative model of training in these schools," Biyani said.


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