News: Pantaloon Retail, Blue Foods in restaurant JV

(RTR 31/07/2006) Mumbai - Pantaloon Retail India Ltd. said on Monday it would set up an equal joint venture company with Blue Foods Pvt. Ltd. to set up food courts and specialty restaurants. No financial details were disclosed.

Blue Foods runs a chain of about 50 restaurants in the country. Pantaloon, India's top retailer, operates department stores, hypermarkets and discount stores in 30 Indian cities.