Premji buys 6% stake in Big Bazaar's parent for â¹1,700 crore
Wipro Chairman Azim Premji's family office PremjiInvest has bought a 6% stake in Kishore Biyani-led Future Retail, which runs Big Bazaar and Easyday stores, for around â¹1,700 crore. The stake was sold by Bharti Group, which continues to hold 3% in Future Retail. Notably, PremjiInvest is already an investor in one of the Future Group entities, Future Lifestyle Fashions.