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SpaceMantra, which is promoted by former NBCC chairman Anoop Kumar Mittal, has offered Rs 550 crore for the takeover deal. Earlier, Mukesh Ambani-led Reliance Retail and Gautam Adani-led Adani Group backed out of the race to bid for Future Retail. ....
Last month, Future Retail received approval from the bankruptcy court to extend the date to complete its resolution process by another 90 days to July 15. The earlier deadline was April 16. ....