Times of India plans IPO

Bennet, Coleman & Co., owners of IndiaTimes portal and Times Of India, are planning an IPO listing. The listing is likely to happen within the next year as per insider sources.

The IPO plan is being linked to retention plans for some of the leading editors in the group who are being wooed by rival newspapers with offers of stock options.

A lot will depend on how the global and Indian economy shape up.

via BS

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