India: Biyani to spin off home retail biz, HomeTown-FabFurnish.com to be combined

India: Biyani to spin off home retail biz, HomeTown-FabFurnish.com to be combined

Kishore Biyani. Photo: livemint.com

Kishore Biyani, group chief executive officer of retail conglomerate Future Group, may hive off the home retail business HomeTown from its flagship Future Retail Ltd and create a new home furnishing company by combining it with FabFurnish.com, which it acquired last month.

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