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Without Reliance deal, future uncertain for Kishore Biyani's firms

This week, the Delhi High Court directed Biyani's flagship company to maintain the status quo on its Rs 24,713-crore deal to sell his business to Reliance

Nobody is fully prepared for GST, says Kishore Biyani
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Without the deal, Biyani, who is steeped in debt of around Rs 13,000 crore, could be in serious trouble

Surajeet Das Gupta New Delhi
He has never been afraid of taking on the multinationals. So in 2005 when Nestlé  started offering South African hypermarket Shoprite at a price lower than they charged Kishore Biyani’s retail outlets, he promptly withdrew its entire range of products from his stores in retaliation. His confrontationist strategy, alleging that the Swiss major was indulging in predatory pricing, worked. Nestlé relented and its products were back in Biyani’s stores. 

Yet, 16 years later, Biyani’s battle with the world’s largest e-retailer, Amazon, is not going in his favour. This week, the Delhi High Court directed his flagship company to maintain the

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