November 22, 2017 / 4:48 AM / 7 months ago

BUZZ-India's Future Group firms rise on plan to open 10,000 member-only stores

** Shares of Future Retail Ltd, part of Indian fashion and retail conglomerate Future Group, surge as much as 11.2 pct to 573.3 rupees, their highest in over two months

** Other group companies, Future Enterprises Ltd, Future Lifestyle Fashions Ltd and Future Consumer Ltd up 3.4 - 4.3 pct

** Future Group said on Tuesday it plans to open 10,000 member-only stores by 2022

** Says, will utilize technology and data of Alphabet Inc’s Google and Facebook Inc for growth

** Future Retail’s stock posts best intra-day pct gain since July 21

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