September, 2008 Archive

Hyderabad Open Quiz

Questions: 1.This famous food item is made not from besan, as elsewhere in India , but from ground moth pulse, the only crop that flourishes in this arid land. A secret ingredient is a good fistful of fine, clean, desert sand mixed into the dough. These, together with the region’s bone-dry air, are what give [...]

Satyam to axe 4,500 employees

Satyam Computers, which has just started giving pink slips to its employees, could potentially downsize its workforce by a whopping 4,500 employees. This translates to a little less than 9 per cent of the 51,000 employees that the company employs. Company sources say 1,500 employees have been put under the performance improvement plan (PIP), euphemism [...]

Lehman bankruptcy will hit IIM placements

With America’s fourth largest investment bank Lehman Brothers filing for bankruptcy protection and Merrill Lynch being bought over by the Bank of America, placements at the Indian Institutes of Management will be affected. These financial giants have so far been the biggest recruiters from the IIMs especially from the institutes at Ahmedabad, Bangalore and Calcutta.These [...]

Hewlett-Packard to cut 24,600 jobs

Hewlett Packard, which acquired Electronic Data Systems for nearly $14 billion this summer, plans to trim its company-wide workforce by nearly 8 percent as part of that acquisition. Palo Alto, Calif.-based HP will announce restructuring plans for the EDS division to “streamline costs, invest in growth and drive shareholder value,” it said in a statement. [...]

India Inc feels the tremor as Lehman goes bust

Lehman Brothers Holdings Inc. (LBHI) bankruptcy and Merrill Lynch’s acquisition by Bank of America will have a huge impact on India as both companies have a strong Indian connection. Lehman Brothers currently employs about 2,500 people in India and most of them are likely to lose their jobs. Merrill Lynch also employs 600 people in [...]

55 word stories

Author : Veerabhadra Siva Sanjeev K. The suicide I woke up from my bed only to find her hanging to the ceiling. ‘My wife was killed by some one’ I couldn’t even digest the fact. The police were at the place in a few minutes. Just below her body was mine with a knife stabbed [...]

US Dept Responses to 45 Questions concerning 123 Agreement

Ack :- Sunil Nandipati Following is the letter by US Dept of State as a response to 45 Questions concerning 123 Agreement http://media.washingtonpost.com/wp-srv/world/documents/Lantos_Letter.pdf

U.S. and India Release Text of 123 Agreement

Ack :- Sunil Nandipati The following link lists the text of the Agreement for Cooperation between the Government of the United States of America and the Government of India concerning peaceful uses of nuclear energy i.e., 123 Agreement Access Complete 123 Agreement Text @ http://www.state.gov/r/pa/prs/ps/2007/aug/90050.htm

For Beauty on rail, Blue is in – Rail Sundaris

Source : TimesOfIndia.com Exclusive picture(from TOI) of the first batch deployed in Darjeeling Himalayan Railway From November, rail sundaris to welcome passengers and serve snacks on Mumbai-Delhi Rajdhani Express The ‘rail-hostesses’ who will be deployed on select trains will be dressed in smart blue trousers, white shirts and waistcoats. Railway officials said the uniform was [...]