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Markets at a glance
A sell-off in global stocks and disappointing earnings numbers from a few big corporates pulled down the key indices during four out of five trading sessions in the week. The BSE Sensex fell below the 17,000 mark and ended the week down 695 points or 4 per cent to 16,860.

Aditi Phadnis: Back to the future
Aditi Phadnis / New Delhi December 26, 2009, 0:04 IST

News of the day

US markets end marginally lower
The US markets had an unspectacular day of trade. Dow Jones closed at 10,426.30, lower by 11.11 points or 0.11%, Nasdaq ended at 2193.14, weaker by 10.64 points or 0.48%, and S&P shut at 1109.8, down 0.52 points or 0.05%.
Public Company

Mahindra Satyam to expand Malaysia operations

Mahindra Satyam, the new brand identity of Satyam Computer Services, has embarked on international expansion and as part of this, is expanding its global solution centre (GSC) operations at its 15-acre campus in Cyberjaya, Malaysia. - Financial reports not necessarily true: Mahindra Satyam - Satyam"s MAJOR investors losE Rs 1,600 crore - Mahindra Satyam to launch global expansion drive from Malaysia - Mahindra Satyam ramps up services in Malaysia - Prepare for more range-trading - Mahindra Satyam to appoint 1,000 freshers by Dec 15 The IT outsourcing company said on Tuesday it would move more global software development and delivery operations to its GSC located in Malaysia’s info-comm technology corridor. “Our hiring plans in Malaysia are ongoing and we will recruit based on our requirements during the course of the next six months. Most of the associates (staffers) would be local Malaysians at entry and mid-levels,” Rohit Gandhi, senior vice-president (Asia Pacific) at Satyam, told Business Standard.


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