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KOCHI: The Kerala Property Expo, organised by CREDAI Kochi, the Kochi chapter of the Confederation of Real Estate Developers Associations of India, is back again. Joint venture is cutting IPO in hopes to attract more investors amid falling demand. MUMBAI, Aug 2 (Reuters) - Indian developer Emaar MGF Land plans to cut its initial public offering to about 20 billion rupees ($430 million), half the size it announced earlier this year, two sources with direct knowledge of the matter said on Monday. Bangkok: The state-run Islamic Bank of Thailand plans to raise 5 billion baht (Dh570 million) in the nation's first sukuk sale, joining borrowers from Singapore to India targeting investors from minor... Swiss engineering group ABB on Friday said it would not raise its Rs 900 a share offer for hiking stake in its Indian subsidiary. ABB, in May, had said it wanted to raise stake in ABB India from 52% to 75%. The offer constituted a premium of 34% at the time, valuing the deal at $965 million.

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