AL JAZEERA ENGLISH (AJE) Indonesian stockmarket Feed
The Financial watchdog, Financial Services Authority (FSA) has warned that another crisis could occur from the meltdown in commercial property.
The FSA has announced new stricter measures to check sustainability of banks. It also expressed concerns that the Banks are not setting aside enough to tackle losses that might occur.
Mumbai based Godrej Properties is all set for its Initial Public Offering which is scheduled for December 9. Under the proposal made by the company, as many as 9,429,750 equity shares would be released in the markets, each priced at Rs. 10. Majority of the stake on the firm, 80.26%, is currently held by parent company Godrej.
Mumbai based Godrej Properties is all set for its Initial Public Offering which is scheduled for December 9. Under the proposal made by the company, as many as 9,429,750 equity shares would be released in the markets, each priced at Rs. 10. Majority of the stake on the firm, 80.26%, is currently held by parent company Godrej.
Business News Asia Pacific News
Australia Stock market
