Pantaloons Retail

• RBI allows FIIs to purchase shares in Pantaloon Retail

  The Reserve Bank of India (RBI) on Wednesday allowed foreign institutional investors (FIIs) to buy shares in Pantaloon Retail Ltd as foreign shareholding in the Future Group firm has dropped below the prescribed limit.

• Future Retail slumps over 40% on fashion brands spinoff

  Under the restructuring, all fashion brands currently held by Future Retail and Future Ventures will be transferred to Future Lifestyle, along with a debt of Rs 1226 crore.

• L&T Finance to buy half of Future Generali general insurance joint venture: report

  Indian retail chain operator Future Group has agreed to sell a 50 per cent stake in its general insurance joint venture with Italy's Generali SpA to L&T Finance for roughly Rs 500 crore, a source with direct knowledge of the matter said.

• Pantaloon Retail selling 22.5 per cent stake in Future Generali

  Pantaloon Retail, the country's top listed retailer by sales and part of the Future Group, has entered into an agreement to offload 22.5 per cent stake in Future Generali for an undisclosed amount. The stake will be picked by non-banking financial company Industrial Investment Trust Ltd.

• Rekha Jhunjhunwala sells 2.8 lakh shares in Pantaloon Retail

  Rekha Jhunjhunwala today offloaded 2.8 lakh shares in Future Group firm Pantaloon Retail India for Rs 3.56 crore.

• Pantaloon shares jump 11% as FII investment norms eased

  Pantaloon Retail gained as much as 10.6 per cent after the RBI eased restrictions on the purchase of shares in the company by foreign institutional investors and by non-resident Indians as well as persons of Indian origin.

• Competition Commission approves restructuring of Future Group's fashion business

  Fair trade regulator Competition Commission has approved the restructuring of Future group's fashion businesses, that includes Pantaloon Retail. The proposed rejig involves five entities Pantaloon Retail India, Futures Ventures India, Indus-League Clothing, Lee Cooper and Future Lifestyle Fashions.

• Aditya Birla Nuvo gets CCI approval for Pantaloon deal

  Fair trade regulator CCI has given green signal to the takeover of Future group's Pantaloon brand business by Aditya Birla Nuvo.

• Pantaloon settles investor grievance case with Sebi

  Capital markets regulator Sebi has agreed to settle a case related to Pantaloon Retail failing to redress investor grievances after the company agreed to pay Rs 7.5 lakh towards settlement charges and legal costs.

• Shoppers Stop, Trent, Pantaloon shares hit 52-week high ahead of FDI vote

  Shares in big retail chains saw strong buying interest on Wednesday on optimism that the government will win a crucial vote on foreign direct investment in multi-brand retail in parliament due later today. The Nifty hit its highest level since April 2011 earlier in the day.

• Retail stocks gain ahead of FDI test in Parliament

  Retail stocks saw buying interest on Tuesday ahead of a key discussion on allowing Foreign Direct Investments or FDI in multi-brand retail in Lok Sabha. The discussion will take place under a rule that entails voting.

• Retail stocks jump after DMKs favourable stand on retail FDI

  Retail stocks jumped sharply after ruling UPA ally DMK said it will vote in favour of the government on the contentious issue of foreign direct investment (FDI) in retail. The DMK was so far opposed to the opening up of retail sector to foreign chains.

• Pantaloon shares surge on formal opening of FDI

  Shares in Pantaloon Retail gained 7 per cent after India formally opened its supermarket sector to foreign chains.

• Pantaloon shares jump 10% on hopes of retail FDI

  Shares in Pantaloon Retail rose as much as 10 per cent on hopes that the government may take up the proposal to open multi-brand retail to foreign direct investment in a Cabinet panel meeting today.

• Pantaloon Retail rallies 6% on merger proposal

  Shares of Pantaloon Retail India today rose by about 6 per cent after Aditya Birla group firm Peter England Fashions & Retail's board approved merger of Pantaloon's format business and fixed the share swap ratio at 1:5.