Kishore Biyani is on a shopping spree! Future Group buys Sangam Direct chain of grocery stores
Advertisement
Advertisement
Advertisement
Wadhawan Holding operate the stores under Sangam Direct, which were earlier known as
ET quoted sources saying Sangam Direct business has a revenue of about Rs 100-150 crore.
Sources told ET, Biyani's group will purchase three dozen stores network from Wadhawan mainly through a "lease transfer" way instead of cash.
Meanwhile, Biyani is already in advance talks to buy Hyderabad-based Heritage Foods Ltd.
Advertisement
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
- India not benefiting from democratic dividend; young have a Kohli mentality, says Raghuram Rajan
- Indo-Gangetic Plains, home to half the Indian population, to soon become hotspot of extreme climate events: study
- 7 Vegetables you shouldn’t peel before eating to get the most nutrients
- Gut check: 10 High-fiber foods to add to your diet to support digestive balance
- 10 Foods that can harm Your bone and joint health
- 6 Lesser-known places to visit near Mussoorie