BFL Software may float ADRs or GDRsto finance acquisitions, expansions
BFL Software Ltd has decided to raise 100 million from foreign markets to meet the capital expenditure and working capital requirements of its massive expansion and acquisition programmes.

Kanika Infotech plans Rs 3.6 crore IPO to fund project
Calcutta-based software company Kanika Infotech Ltd (KIL) will come out with a Rs 3.6 crore initial public offering (IPO) to fund its projects to attain global competiveness in the IT sector through time-bound and cost effective services.

Balwas e-Com lists at 48 pc premium
Balwas e-Com India has been listed on the Mumbai Stock Exchange at a premium of 48.5% to the offer price of Rs 10. The company made a debut at Rs 14.85 on Monday and the stock touched a high of Rs 15.85 during the day.


  Foreign markets
  Mutual funds stay inactive
  Sebi equates ALBM with badla
  Teamasia buys out Nasdaq-listed IMP for $6 mn


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