Pantaloon

Shares in red; Pantaloon Retail down 2%; rupee down

Indian shares opened in the red today, down from Tuesday's five-month, taking cues from global market. The Sensex down 27 points at 17857 and the Nifty 9 points at 5411.

Retailers plunge on multi-brand FDI doubts

Shares in Pantaloon Retail fell 5.2 percent. India's top retailer had surged 26.4 percent since the end of May to Friday's close, far outperforming Nifty's 6.5 percent gain, on hopes the government would open up the retail sector.

Open: Consumer durables top gainer, HUL at life-time high. Here's why

Indian markets are off to a positive start today on the back of firm global cues from China and the US.

UP effect: Why retailers are the biggest losers today

Pantaloons, Shopper's Stop and Trent are down by 1.7-4 percentage points in trade today.

No faith in PM, retailers in dire need of funds

All retail counters are trading well below the levels from where they started when FDI in retail was cleared by the commerce minister.

Sensex closes 388 pts lower on domestic cues, UID project trashed

All sector indices are marginally down, barring the healthcare and consumer durables indices.

Cash-straped retailers plunge after govt puts FDI 'on pause'

Caught in a debt trap, they were looking at foreign direct investment to bail them out of their miseries. Even a pause in FDI can be disastrous for some of the retailers who are running short of time to meet their commitment.

Market Analysis: 2008 all over again, but this time it's slower

Markets were guided by the Murphy's law today.

Valuation issues, FDI delay take lustre off Pantaloon

The financial mess Pantaloon Retail finds itself in will only get worse with this FDI uncertainty.

Debt trap: Selling Staples does not solve Pantaloon's problem

Cash crunch seems to be the motive behind this sale. But with debt levels of Rs 9,000 crore, the sale of Staples will only give the company Rs 200 crore.