Even as online marketplace giant Amazon has indefinitely put on hold its plans to buy a stake in Kishore Biyani’s Future Group due to the sudden change in foreign direct investment (FDI) in e-commerce norms, it appears another global chain might be interested in tying up with the Biyani group.
According to a report in the Economic Times, the world’s largest convenience store chain, 7-Eleven, is in talks with Future Group to enter India. A deal maybe signed by May between the two and the Kishore Biyani-owned retail company will open and operate small format 7-Eleven stores in India as a