Indian billionaire Radhakishan Damani's discount supermarket chain, DMart, plans to boost its store count fivefold as it seeks to grow market share and hold its own against aggressive expansion from the likes of Mukesh Ambani's Reliance Retail Ltd.
Future Retail Ltd. is a party to the dispute which arose from the agreement between Future Coupons Pvt. Ltd. and Amazon.com NV Investment Holdings LLC, a Singapore arbitration tribunal has ruled.
The development was confirmed to BloombergQuint by two people in the know.
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