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A new consortium set to buy Vishal Mega Mart

A consortium of Kedaara Capital and Partners Group is set to buy retailer Vishal Mega Mart. While Kedaara will look after front end operations at the firm, Switzerland-based Partners will manage the back-end. Kedaara Capital is an India-registered alternative investment fund. Up to 51 per cent FDI is allowed in multi-brand retail in India....