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Premier institutes gear up to convert exeCs into biz leaders

Professionals are making the most of the short- and full-term courses to keep pace with changing trends at the workplace

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Downside breakout could test 4,800

The market crashed in the last two sessions with the Nifty bouncing from 4,955 level to close at 5,036 points for a week-on-week loss of 4.12 per cent. The Sensex was down 3.96 per cent, closing at 16,859 points. The Defty closed 4.93 per cent down as the rupee slid. Declines far outnumbered advances and volumes increased as prices fell. The broadbased BSE 500 dropped 4.3 per cent while the Midcap index dropped 5.4 per cent and the Junior was down 3.8 per cent. Domestic institutional investors were net buyers but FIIs sold heavily.

Patni allots 2.11 lakh shares under stock option plan

IT solutions provider Patni Computer Systems today said it has allotted over 2.11 lakh underlying equity shares to Bank of New York and certain employees under the stock option plan.