We are at the end of the year 2009 and ready to welcome 2010. No in this world forget this year as it has made so many difficulties to the public. Most of the business has faced slow down in the year but it started to recover at the end. Information Technology is the one among the many industries which never forge this year. Many companies lost their clients, laid off their employees for not getting any project. Market all around the world changed drastically, many investors has lost their money as well as their lives.
One of the top most IT firm satyam seriously affected by this economic recession and the Managing Director arrested for showing the balance sheet improperly. At one point of time the share price of satyam was above 400 rupees but after this issue it went down to 6 rupees per share now it again reached above the 100 mark.
Housing sector is the next one which was affected and the sales down to less percentage. Real estate business almost struck, there were no business to them. They reduced the price of the land much less but they couldn’t able to attract more and more customer. It was not good for all lets welcome 2010 with hope.
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