The retailing pioneer believes that a person can do limited hours of work throughout his or her lifetime - whether s/he does it now or later depends on the person. His 'words of wisdom' come at a time when fierce debate is going on whether the country's work culture has to be changed from 8 hours a day to 12-14 hours a day.
Kishore Biyani, founder & CEO of Future Group, faces the decline of his business empire. Heavy debts, a series of acquisitions, and diversification into non-core ventures contributed to the downfall. Now, Reliance Retail and Naveen Jindal s Jindal (India) are vying to acquire the remnants. Reliance Industries, in particular, stands to enhance its retail footprint and capitalize on India s growing organized retail sector.