Big chains such as Star Bazaar, Future Group and D Mart have set up separate shelves to sell products of Patanjali.
'Unlike Big Bazaar, where the promoter calls the shot, in ABRL, professionals take decisions. So, every new CEO leads to a change in strategy, which confuses vendors and the team.'
The stores will sell products under the Fashion at Big Bazaar brand.
Bharti Retail will issue one equity share of Rs 2 each for every share of Rs 2 held in Future Retail
While the talks are still at a preliminary stage, sources said major retail players had held discussions with Amazon
Kishore Biyani met Jeff Bezos, the founder and CEO of Amazon, in Delhi last week and "discussed many things like the macro environment and the prime minister"
Since allowing FDI in multi-brand retail has been left to the states, Indian companies may not benefit as foreign investors are wary of the politics.
Robust same store sales, margin growth mark June quarter.
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.