Reliance Industries extends deadline to conclude Future Group deal

Reliance Industries extends deadline to conclude Future Group deal

Mukesh Ambani. Photographer: Simon Dawson/Bloomberg

Reliance Retail Ventures Ltd, a subsidiary of Reliance Industries Ltd (RIL), has extended the long-stop date for completion of its 24,713 crore ($3.3 billion) deal with Kishore Biyani’s Future Group by another six months to March 2022. This comes as Future Group remains locked in a legal battle with Amazon.

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