‘Keen to sell small stake in Spencer’s, Nature’s Basket’

As the battle for a share of India’s grocery market intensifies, Shashwat Goenka, the head of hypermarket chain Spencer’s Retail and food retailer Nature's Basket, said the RP-Sanjiv Goenka group is keen to sell a minority stake in both formats. The son of Sanjiv Goenka said such a deal will be to raise funds and gain knowledge on best practices which will ultimately help consumers...
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