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National news for the week Jan 2- Jan 8, 2010
Saturday

Madu Koda extends unconditional support to UPA
Former Jharkhand Chief Minister Madhu Koda today met Congress President Sonia Gandhi and announced unconditional support to the UPA.

News of the day

Tanla calls off city expansion plans
Tanla Solutions Limited, a city-based telecommunications software and services provider, has called off its plans to set up a new development centre in Hyderabad and a backup/ disaster recovery centre in Bangalore. The company had earmarked Rs 77.26 crore and Rs 12.78 crore respectively for its Hyderabad and Bangalore expansion.
Business Ideas

US markets close in the green

The US markets have ended on a positive note. - US market ends firm; MTNL ADR up 3% - US markets ends higher on strong retail news - US markets drop on energy shares - US markets gain on strong data, growth forecast - US markets end flat; Patni Computers ADR slips 4% - US markets rally; ICICI Bank zooms 9% The Dow Jones closed at 10437, higher by 30.46 points or 0.29% and the Nasdaq ended at 2203.78, up 5.93 points or 0.27%. The Indian ADRs, however, closed mixed. Among the gainers, Infosys ended at $52.57, higher by $0.66 or 1.27%, Wipro ended at $20.40, up $0.20 or 0.99% and HDFC Bank ended at $136.62, up $0.11 or 0.08%. On the loser"s side, Patni closed at $20.82, down $0.56 or 2.62%, Tata Communications ended at $15.93, lower by $0.34 or 2.09%, Sterlite closed at $18.85, weaker by $0.20 or 1.05%.


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