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BoB to hire 3,500 people by March 2010
Bank of Baroda (BoB), the country"s third-largest public sector lender, is planning to recruit 3,500 people including officers during the current fiscal.

ITC open to idea of demerging critical biz verticals
Cigarette to hotel major ITC today said it is open to demerger of its business verticals into separate entities if needed as they grow in size.

News of the day

Waiting for a dream gadget
SANDEEP DHAR, CEO, Tesco HSC, credits the Apple iPod Touch as the coolest music device and believes that the multi-touch user interface on iPods can revolutionise the gadgets of tomorrow. The corporate honcho also prefers LCD technology as it saves energy
Public Relations

Godrej Properties listing on Jan 5

Realty developer Godrej Properties will be listed on the Bombay Stock Exchange (BSE) on January 5. - Panel seeks black-listing L&T, Siemens; Infy"s Murthy not spared - AIG Asia unit listing to raise up to $20 bn: report - Investors lap up DB Corp IPO - Godrej Properties fixes IPO price at Rs 490 - Cox & Kings makes an impressive debut - Godrej Properties IPO over-subscribed 1.13 times on debut With effect from January 5, the company would list about 6.98 crore equity shares with a face value of Rs 10 each, the BSE said in a circular. The company fixed the issue price for its IPO at Rs 490 a share--the lower-end of price band, while the IPO was priced in the range of Rs 490-530 per share. The offer, opened on December 9 was subscribed four times and closed on December 11, raising Rs 462 crore. The realty firm, which is promoted by Godrej Industries and Godrej & Boyce Manufacturing Company, intends to use the offer proceeds to acquire land, new projects and to repay loans.


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