Future Retail shares up 12% after Biyani launches 'Tathastu'
Shares of Future Retail surged nearly 12% on Wednesday after Future Group Founder Kishore Biyani unveiled his new Retail 3.0 business plan called 'Tathastu'. The company plans to open 10,000 member-only stores to make it a â¹1.5-trillion business opportunity by 2022. Tathastu, which roughly means 'ask and you shall receive', will focus on opening retail stores in every 2-kilometre radius.n