Kishore Biyani re-energises JV with Fonterra and Hain Celestial Group Inc.
When chips are down, Kishore Biyani is launching some chips. The Kishore Biyani-led group’s debt had spiralled out of control last year, forcing it to get into a nearly Rs 25,000-crore transaction with Reliance Retail Even as Biyani is embroiled in various legal tussle with Amazon that has for months put a big spanner into […]
Reliance – Big Bazar deal may soon be closed at Rs 27000 Crores
Reliance group (RIL) has reached the final stages of negotiations to take over Big Bazar. As per the market reports the deal is likely to be structured around Rs 27000 Crores. This acquisition would create significant consolidation in India’s retail market. Kishore Biyani has been building his organised retail business since the late 1980s. In […]