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Tuesday, 16 October 2018

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Amazon is set to secure ‘Future’ rights from Biyani

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uture Retail shares ended 14% higher at Rs 494 apiece after television channels reported that Amazon was on track to buy a 7-8% stake in the Indian company. This gives Future Retail, which operates Big Bazaar and Easy Day supermarkets, a Rs 25,000-crore market value, though its 52-week record level is significantly higher.

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