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As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process. ....
Future will probably challenge Tuesday’s ruling given what is at stake, while Amazon looks unlikely to leave any legal option unused against the CCI order. We should expect this tug of war to stiffen. ....