Reliance sets sight on another retailer as Future Group deal hits hurdle

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Credit: VCCircle

Billionaire Mukesh Ambani-led Reliance Industries Ltd is looking into the possibility of acquiring another retailer even as its ambitious deal with Future Group faces a challenge from Amazon.com Inc., two people privy to the development told VCCircle. RIL unit Reliance Retail Ventures Ltd is in talks with Kolkata-based Spencer’s Retail Ltd ......

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