
New Delhi, 26 October 2020
As per news report of NDTV, the Singapore-based single-judge arbitration court had restrained Future Retail from selling its retail business to Reliance Industries for Rs. 24,713 crore. The indebted Kishore Biyani group company had earlier signed a pact to sell its retail, wholesale, logistics and warehousing units to billionaire Mukesh Ambani's Reliance Industries, through its subsidiary Reliance Retail Ventures.
Source -NDTV
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