The Future Group is in advance talks with Mukesh Ambani's Reliance Industries to sell stakes in Future Retail and some other units, according to industry sources.
The Kishore Biyani-led group, which already has a partnership with e-commerce giant Amazon, and Reliance Industries Ltd (RIL) had initiated talks in this regard some times back, they said.
"Talks are going on but nothing has been finalised so far," a person privy to the development said. Earlier, the Future Group was also exploring stake sale