Tag: Securities and Exchange Board of India (Sebi)
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Reliance-Future deal gets clearance from Sebi
(Sebi) provided clearance to the Reliance Retail’s acquisition of Future Group’s retail assets. The ₹ 24,713-crore deal gained approval despite objections raised by Amazon. Besides Sebi, Bombay Stock Exchange (BSE) also granted its nod to the deal with “no adverse observation” report. The deal was originally finalized in August, last year, when Mukesh Ambani’s RIL ...