Pantaloon Retail India has clarified that the company has not entered into any agreement with Deccan Chronicle for selling Future Capital Holding. The company has denied any such transaction at this stage.
Pantaloon Retail was responding to a newspaper report that ‘Biyani Sells Future Capital to Deccan Chronicle for Rs 700 crore’.
Pantaloon Retail (India) is India’s leading retail chain and part of Indian conglomerate Future Group. It operates retail space spread over 11 million square feet. It has a network of more than 1000 stores across 63 cities in India and has employee strength of 30,000 people.
