The Economic Times Daily Newsletter

	Dated:December 25,2008

Top Headlines Boom to gloom: Indian economy saw it all in 2008 From economic expansion to performance of markets, and from export growth to industrial production, all indicators had the same story to tell. 2008: Year of crisis Over 50,000 IT jobs may be lost in January-June 2009 The job loss in the IT and BPO sector in the country topped 10,000 in the September-December period of 2008. Cos that are hiring | Recruiting best talent Ghajini opens to a bumper response worldwide Critics said, despite flaws in the story, the treatment and presentation made all the difference. Ghajini Mania across India | Jumbo: Movie Review Most Read Story Relocate or quit, MphasiS tells Noida unit employees Besides giving the option to relocate, MphasiS had invited rival firms such as HCL, ExlService and Tech Mahindra to recruit from among its employees. IT megavendors Most E-mailed Story Relocate or quit, MphasiS tells Noida unit employees Besides giving the option to relocate, MphasiS had invited rival firms such as HCL, ExlService and Tech Mahindra to recruit from among its employees. IT megavendors Most Commented Story Satyam ineligible to receive direct contracts: World Bank Satyam was declared ineligible to receive direct contracts from World Bank under its corporate procurement program for a period of 8 years. Latest Updates Markets closed for Christmas Fall in crude prices help trade: Govt Music labels hand in YouTube dispute Hope still left in stocks for New year Debates Will Pak really cooperate on terror? Price cuts before realty bailout? Should fuel price cuts have been steeper? J&K poll turnout, end of separatism? Big-ticket job losses imminent in India?		Market Round-up SENSEX 9568.72 -118.03 NIFTY 2916.85 -51.80 NASDAQ 1524.90 3.36 DJIA 8468.48 48.99 RS/$ 48.99 -0.50 GOLD24K 13085.00 -120.00 GOLD22K 13025.00 -240.00 NSE Gainers Scrip Price(Rs.) %Change balkin 191.40 + 13.75 kskene 171.65 + 13.67 cersan 72.95 + 12.23 trenlt 325.35 + 11.78 somcer 48.00 + 11.62 NSE Losers Scrip Price(Rs.) %Change unitlt 37.15 -12.07 enkcas 16.50 -11.76 houdev 130.05 -10.61 tvsm 22.60 -10.31 mayinf 179.70 -9.99

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