Monday, October 10, 2005

Indiatimes IPO plans

Exchange4media is reporting that Indiatimes.com, the Internet arm of India's largest newspaper publishers, Bennett, Coleman & Co., is considering an IPO. The company has already unloaded 5.8% of its stake in the online business to WestBridge Capital according to the report which is based on an interview with Indiatimes CEO Mahendra Swarup.

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