Monday 31 August 2020

How RIL discretly blocked rival Amazon out in Future retail biz

According to the contours of the deal between Future Group and RIL, the former will merge 19 retail and its related back-end infrastructure companies, including Future Retail, into Future Enterprises. This company will then transfer the retail and supply chain businesses to two separate arms of RIL.

from Stocks-Markets-Economic Times https://ift.tt/3jpdh2i

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