August 30, 2020
India’s retail competition between Walmart’s Flipkart, Amazon and Reliance Retail Ventures is expected to intensify. The Financial Times (FT) reported billionaire Mukesh Ambani’s Reliance announced Saturday (Aug. 29) that it plans to buy Future Group’s retail divisions for 247 billion rupees ($3.4 billion). Mumbai-based Future Group, India’s second-biggest brick-and-mortar retailer, is a conglomerate founded by […]
