- India’s debt-resolution expert due to low interest, Future Retail Ltd. has delayed the deadline for bids, two financial sources said Friday.
- A new resolution professional paper extends the deadline to Nov. 3.
- “There were hardly any bids and none from any important ones thus it has been agreed that we should provide more time to see if further bids come in,” said a senior executive at a state lender with Future group exposure.
The bid deadline for India’s Future Retail has been extended due to low interest, according to sources.
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