What does Reliance and Future Group deal mean for India

In a major move, Mukesh Ambani's Reliance Industries has announced the decision to buy businesses of Kishore Biyani-promoted Future Group for Rs. 24,713 crore. The deal has been made on a slump sale basis and will contribute towards boosting Reliance's e-commerce play to take on Jeff Bezos-led Amazon India. Here's all you need to know about it.

source https://www.newsbytesapp.com/timeline/business/65325/307904/reliance-buys-future-group-businesses-for-rs-24-713cr