Ambani nears deal to buy stake in Amazon partner Future Group

Ambani nears deal to buy stake in Amazon partner Future Group

Photo: Christian Wiediger/unsplash

Reliance Industries Ltd. is closing in on a deal that would see it acquire stakes in some units of Future Group, people familiar with the matter said, a move that would bolster the e-commerce ambitions of the conglomerate and its billionaire Chairman Mukesh Ambani.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter