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New Zealand beat Sri Lanka by five wickets in Twenty20

MELBOURNE, Dec 26 (Reuters) Nathan Astle made an unbeaten 40 off 37 balls to guide New Zealand to a five wicket win over Sri Lanka in their second Twenty20 match here today.

Astle slammed four boundaries and a six to safely steer the Kiwis to their victory target of 116 with nine balls to spare after Sri Lanka were bowled out for 115 in the 19th over of their innings.

The two match series ended 1-1 after Sri Lanka won the first match in Wellington on Friday by 18 runs on the Duckworth-Lewis system after the game was abandoned because of rain.

James Franklin captured three early wickets and Andre Adams two as New Zealand reduced the visitors to 71-8 before Lasith Malinga (27) and Dilhara Fernando (21) combined with a late flurry to push the total past 100.

Brendon McCullum got the new Zealand innings off to a flying start when he smacked 28 at a run a ball and although Fernando claimed three quick wickets to reduce the home side to 86-5, Astle's late cameo sealed the result.

The teams, who also drew the test series 1-1, will play each other in five one-day matches, starting at Napier on Thursday.

REUTERS AY DS1200

Sobha Developers bags order from Dell India

New Delhi, Dec 26: Real estate firm Sobha Developers Ltd today said it has received a contract worth Rs 23.21 crore from Dell India Pvt Ltd to construct a manufacturing plant in Sriperumbadur, Chennai. As per the Letter of Indent (LoI) from Dell India, the company's new corporate client, the scope of work comprises civil works and project management fees for the plant's electrical works, PHE, mechanical, HVAC and structural works. The value.....

Lupin to end promotion agreement with US-based Chester Valley

New Delhi, Dec 26 (UNI) Lupin Ltd today said it has decided to terminate the agreement with United States-based Chester Valley Pharmaceuticals to promote Atopiclair Non-steroidal Cream to pediatricians. The company's US-based subsidiary Lupin Pharmaceuticals Inc had entered into the agreement with Chester Valley in March 2006. ''Both parties have now mutually agreed to end the agreement and to independently pursue their respective business plans,'' a company statement said. UNI CS YA DB1232.....

Geojit Fin bags approval for Saudi broking operation

New Delhi, Dec 26: Stock broking company Geojit Financial Services today said its Saudi Arabia-based joint venture, Aloula Geojit Brokerage Company, has received licence to start broking operations in Saudi Arabia. Post the approval from Capital Market Authority, the licencing authority for broking operations in Saudi Arabia, the joint venture will invest an initial capital of 100 million saudi riyal in the project. In addition to being a joint venture partner, the company will.....
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