Business News

Kishore Biyani, the executive chairman of Future Retail, retracts his letter of resignation.

Debt-riddenĀ Future Retail LtdĀ said on WednesdayĀ Kishore BiyaniĀ has withdrawn his resignation as the executive chairman and director of the company.

The company, currently under insolvency proceedings, said “the resolution professional objected to the contents of (Biyani’s resignation) letter” and requested him to recall the letter.

BiyaniĀ had tendered his resignation on Jan. 23, the company said.

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