pantaloon

Retail in news

29 jun 2008

Over the weekend, there were lot of happenings centered around the retail sector. With news, announcements and plans coming up of various players. Here is a snapshot of all. Future Group is restructuring its Big Bazaar operations by splitting it into two entities.

Why would Kishore Biyani look to buy out UTV?

12 dec 2007

Why would Kishore Biyani look to buy out UTV?
UTV Software Communications, one of the profitable media companies is attracting interest from unlikely quarters. After its impending sell-off to Walt Disney, the market is ripe with rumours that Future Group’s Kishore Biyani may pay a 20% premium to the price committed by Disney and acquire 51% stake for Rs.1751 crore.

Future Group Ventures into Credit Card biz with ICICI Bank

07 nov 2007

Future Group Ventures into Credit Card biz with ICICI Bank
It could be a venture that could bring one of the most innovative companies in their respective businesses to launch a co-branded credit card. Future Group’s financial services arm, Future Capital Holdings has tied up with India’s largest private sector bank, ICICI to launch Future Card, which is a credit card cum loyalty card.

Pantaloon to add single price retailing to its lines of business

26 oct 2007

Pantaloon to add single price retailing to its lines of business
My Dollar Store, the Indian version of “Dollar Store” in US and “Poundland” in UK may soon don the stable of India’s largest retailer, Pantaloon Retail. According to reports on CNBC-TV18 and DNA, Future Group’s investment arm, soon to be listed Future Capital may pick up 25% stake in My Dollar Store for value around Rs.30 crore through their private equity arm, Indivision.

Carrefour planning another shot, may partner DLF

17 sep 2007

Carrefour planning another shot, may partner DLF
World’s second largest retailer, France based Carrefour, is again planning for an Indian entry into the growing organized retail market. Earlier in June, it had decided to pull out of the Indian market after talks failed with various local partners.

Koutons Retail IPO – a discounted theme

13 sep 2007

Koutons Retail IPO – a discounted theme
13 year old, apparel manufacturer and retailer, Koutons Retail India is coming out with an IPO from September 18-21 in a price band of Rs. 370-415 to raise Rs.146 crore at the upper band.

Now own a part of Pantaloon’s non-retail business

20 aug 2007

Now own a part of Pantaloon’s non-retail business
Future Group would be coming out with an IPO of its asset management and consumer credit business, Future Capital Holdings to raise money for its expansion plans. It would be Future Group’s only other listed unit after Pantaloon.
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