Be Good & Do Good!

Year: 2008 (Page 7 of 14)

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.

The company said 7.5 percent of the combined workforce, or 24,600 jobs, will be cut as part of the restructuring. Half of those cuts will be in the United States.

EDS, whose government solutions division is in Herndon, has about 2,200 Washington area employees.

Read Complete Story @ Washington Business Journal

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 India and their fate is not known.

The global investment bank’s move to file bankruptcy has already lead to a loss of nearly Rs 2,000 crore for Indian companies in which Lehman had made equity investments.

The loss would have been higher if Lehman had not started offloading its equity holdings in Indian firms last month.

Following the subprime crisis in the United States of America, Foreign Institutional Investors have already pulled out over $8 billion from Indian markets..

Read Complete Story @ IBNLive.com

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 in my heart and her fingerprints on it.

The headache
I was having a splitting headache. I gulped a tablet. I applied a balm. No avail. And finally I removed a hammer and started banging it onto the head. First time and the pain reduced. Second time and it reduced even further. And third time. All my three roommates lie in a pool of blood.

Wrong number
“Hello,” a sweet voice called me up on my mobile. “Is this Rakesh?” she asked. “No ma’am, wrong number, but you can still talk to me,” I said as I was bored at my workplace. “Come home in the evening and the pan will do the talking,” the voice said and she cut the call.

Why should boys have all the fun
“Shhh.. Don’t shout. We’ll start to Goa tomorrow. Nobody’s gonna tell the guys,” the girls were contemplating in the next room. Having overheard the conversation, I said “Destination Goa.” We were off to Goa. Two days later, we don’t find the girls in Goa.
“Guys, where have you all been? We are enjoying at home”

My monkey wife
“I woke up today morning when I looked at the window. I then saw this monkey so huge and fair and dressed up well, imitate me.” I was trying to make fun of my wife, who normally imitates me, by calling her a monkey.
“You call this window?” my wife asked pointing to a mirror.

The Split
I slowly placed my head on the wooden platform and she slowly raised the axe. I closed my eyes in fear and she gripped the handle firmly in her hands. I said my last prayers and ‘thud’ fell the axe onto the wood splitting it apart. She was in Tokyo and I was in California.

My first love
The first time I saw her, she was shaking her body in the aerobics class. I almost drooled over her beauty. She looked at me and smiled. The world beneath me vanished and the sky appeared to be coming closer towards me. I opened my arms wide open and said, “Illeana darling, I love you”

The portrait trilogy
At the museum, we reached a dark place. Three portraits were hanging. In the first, a bloody ghoul was feeding on a woman. In the second, a demon ripped apart itself and in the third there was a female, still and calm. “Damn, She moved” I shouted. “Stupid fool, that’s a mirror,” my wife remarked.

The hitchhiker
A beautiful girl on the highway was flashing two fingers. I crossed her and looked at her, through the rear view mirror. She was gone. Next moment she was behind me in my car. I swerved left and hit a tree. Later, a truck driver came that way and saw the girl showing three fingers.

The race
I was driving home when a car vroomed past me. I started to race with that Civic. Swerving to the left and cutting across the lane, I was about to overtake it when I showed my finger and then vanished from sight. Later that night, my dad asked me the meaning of showing the finger.

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

Rail Hostesses

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 chosen keeping in mind the difficulties of working on a running train. “They cannot wear saris or skirts like air-hostesses because of the train’s movement but the alternative had to be attractive.

“This uniform was finalised keeping in mind decent appearance and comfort of the hostesses,” a senior official said. The first batch of rail-hostesses have been deployed on the Darjeeling Himalayan Railway (DHR). However, Mumbaikars will get a firsthand experience only in November when they will begin attending to passengers in A/C two-tier coaches on the Rajdhani Express trains running between Mumbai and Delhi.

Their job will be similar to that of air-hostesses. They will welcome passengers, serve snacks and meals. For overnight journeys, they will provide blankets and address passengers’ grievances.
Sanjay Goswami, manager, KBS Tours and Travels, which provided the first batch of rail-hostesses, says, “The aim is to match up to the air travel experience by improving the quality of on-board services. So far, the rail-hostesses have received a good response and lived up to the expectations of passengers.”

The company is deploying rail-hostesses in phases.
They will be introduced on the Kanchan Kanya Express and North Bengal Express on September 26 and on the Delhi-Sealdah Samparkranti Express and Delhi-Guwahati Samparkranti Express in October.

Outsourcing industry will grow: Cognizant head

Despite the global economic slowdown and bad publicity against the industry, India’s outsourcing sector would retain its high growth rate, says R. Chandrasekaran, president of Cognizant India, a leading global and business process outsourcing (BPO) company.

The number of foreign companies outsourcing jobs to India is increasing geometrically, the industry leader told.

Read Complete Growth Story @ IBNLive.com

Never Let your Passion turn into Agression …

Teenager murders 10-yr-old over an iPod

Source :- IbnLive.com

New Delhi: In Siri, West Bengal, a 14-year-old boy has been arrested on charges of murdering a 10-year-old girl – all for an iPod.

The victim, Seouli Dolui, a Class 5 student, was found dead near the Tilpara barrage after her parents filed a missing person’s report. She reportedly died after sustaining head injuries.

The accused, a Class 8 student, who was known to her family, took Seouli for a bicycle ride on Sunday afternoon. He allegedly pushed her over the barrage following an altercation over the electronic gadget which belonged to her and which she refused to part with.

The accused has, reportedly, confessed to the crime before the police. However, the police are not saying anything solid as of now.

Birbhum Superintendent of Police, Lakshmi Kant Meena says, “We have learnt about the incident and the investigations are on. We can’t say anything till the investigation is over.”, the victim’s father, Swapan Dolhi, has squarely placed the blamed on the boy and has demanded that swift action be taken to ensure justice.

Be sure there is a problem in the first place

One fine day, a bus driver went to the bus garage, started his bus,and Drove off along the route.

No problems for the first few stops -a few people got on, a few got off, and things went generally well.
At the next stop, however, a big hulk of a guy got on.Six feet eight,built like a wrestler, arms hanging down to the ground.He glared at the driver and said, “Big John doesn’t pay!” and sat down at the back.

Did I mention that the driver was five feet three, thin, and basically meek?

Well, he was. Naturally, he didn’t argue with Big John, but he wasn’t happy about it.

The next day the same thing happened – Big John got on again, made a show of refusing to pay, and sat down.And the next day, and the next! This grated on the bus driver, who started losing sleep over the way Big John was taking advantage of him. Finally he could stand it no longer. He signed up for body building courses, karate, judo, and all that good stuff.

By the end of the summer, he had become quite strong; what’s more, he felt really good about himself. So on the next Monday, when Big John once again got on the bus and said, “Big John doesn’t pay!”

The driver stood up, glared back at him, and screamed, “And why not?” With a surprised look on his face, Big John replied, “Big John has a bus pass.”

Management Lesson: “Be sure there is a problem in the first place before working very hard to solve one.”

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