Future Group - which runs the country’s largest listed retailer Pantaloon Retail - is in talks for a foreign tie-up and hopes to file papers for an IPO in its investment arm soon, said chief executive Kishore Biyani.

He would not name the overseas retailers being considered for a tie-up, although there has been speculation that Carrefour is one of the contenders. Carrefour has previously said that

it planned to open its first cash-and-carry outlet in India early this year.