02.06.2010 - India: Realtors delay IPOs due to glum market
From Intoday.in: A lacklustre stock market that is not going anywhere coupled with lack of investor interest in realty stocks is forcing cashstrapped real estate companies to put their initial public offering (IPO) plans on the backburner and look elsewhere for funds. More than half a dozen companies, including Emaar MGF, BPTP, Ambience group, Lodha Developers and Sahara group, which were expected to launch their IPOs are delaying their launches or revisiting their money raising targets............................................Full Article: Source
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