Side Notes by Zerodha Varsity

When Reliance and Amazon went shopping at Big Bazaar

Episode Notes

Big Bazaar was India's largest retail chain, sitting on a mountain of debt. Covid dealt a major blow to its operations. Reliance Industries stepped in to help, but Amazon obstructed the transaction due to an old deal it had struck with the Future Group.

It was one of the most sensational corporate battles, but did anyone win?