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Home -> Finance -> News

NATIONAL
Aptuit completes acquisition of InfoPro Solutions
US-based Aptuit Inc, a leading drug development services company, today (Nov 24, 2005) said it has completed the acquisition of InfoPro Solutions, a developer of information systems for the drug development markets, including its Indian operations.

Sensex rallies further; ends at second highest mark
The Sensex today (Nov 24, 2005) rallied further by 105.70 points to end at its second highest closing level of 8744.04 points on the Bombay Stock Exchange (BSE) here today on increased buying activity by Foreign Institutional Investors (FIIs).

Compulink to hit capital market with IPO on Nov 25
Compulink Systems Ltd, an IP-led software products and services provider, will hit the capital market with an IPO of 45.38 lakh equity shares on November 25. The offer consists of a fresh equity issue of 35.38 lakh shares of Rs 10 each at a price of Rs 60 for cash aggregating to Rs 21.23 crore and an offer for sale of 10 lakh equity shares of Rs 10 each at a price of Rs 60 for cash aggregating Rs 6 crore.

K'taka: De Beers applies for 2-reconnaissance permit
South African diamond major, De Beers India Private Limited has applied for two reconnaissance permits (RPs) in parts of Central Karnataka including Tumkur, Chitradurga, Raichur, Gulbarga and Dharwad, a top official of mines and geology department said.

Loan not sanctioned in violation of norms: Rabo bank
The Netherlands-based Rabo bank today (Nov 24, 2005) said it has not sanctioned any loan in violation of norms to a company owned by Finance Minister P Chidambaram's son and his nephew.

No extension of Dec 31 deadline for India Inc: SEBI
Market regulator SEBI today (Nov 24, 2005) ruled out dilution or extension of December 31 deadline for India Inc to abide by corporate governance norms, unless Parliament amends Companies Act to provide some respite to listed firms.

Sensex shoots up by 79 points during morning trade
The Bombay Stock Exchange Benchmark30-share Index (Sensex) today (Nov 24, 2005) shot up by another 79 points at the opening session due to heavy buying activity.