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Why Ambani and Jindal see future in debt-laden Future Group

Kishore Biyani, founder & CEO of Future Group, faces the decline of his business empire. Heavy debts, a series of acquisitions, and diversification into non-core ventures contributed to the downfall. Now, Reliance Retail and Naveen Jindals Jindal (India) are vying to acquire the remnants. Reliance Industries, in particular, stands to enhance its retail footprint and capitalize on Indias growing organized retail sector.
Tamil Nadu Sam Walton Warburg Pincus Mukesh Ambani Naveen Jindal Qatar Investment Authority

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