Archive for the 'General' Category Page 2 of 6



CORRECTION STATEMENT on Cisco increase of head count

Correction on the news on Cisco to increase India headcount to 360,000

As per the request of Cisco Press Contact Mr Varghese M Thomas, Bangalore365 team wishes to clarify that 360000 people is not the hire count of Cisco but instead Cisco aims to offer networking curriculum to NIIT, IIHT and Global Knowledge in India to train and expand India’s networking industry’s workforce capacity to 360000 in the next five years.

Here is the letter from Cisco press contact:

CORRECTION STATEMENT

Clarification on ‘Cisco India to hire 360000 people’

As per our press release sent out on February 4, 2008 on ‘Cisco’s Talent Development Strategy’, Cisco aims to offer networking curriculum to NIIT, IIHT and Global Knowledge in India to train and expand India’s networking industry’s workforce capacity to 360000 in the next five years.

The 360000 number does not refer to the number of employees Cisco wishes to hire!

360000 is the number of networking industry professionals that Cisco will, work with partners like IIHT and NIIT, to train and develop in India.

Please refer to our press release for details on our announcement. For any clarifications, kindly contact us at.

Press Contacts:

Varghese M Thomas

Cisco

Cisco Launches Talent-Development Strategy for India



Bangalore student's death in US still a mystery

An Indian student Mahesh Subramaniam was found dead in his apartment in Kentucky in the US nearly 18 days ago.

Mahesh was a science student at the North Kentucky University and his parents, who received his body only on Thursday, are inconsolable.

“As an only son we not only lost a son but we lost everything,” his mother Sharvathy Subramaniam says.

The death of 20-year-old Mahesh is yet another incident that has raised questions about the safety of Indian students in America.

On January 18, 2008, 29-year-old Abhijeet Mahato of Jharkhand, who was a PhD student at North Carolina’s Dukes Pratt School of Engineering, was shot dead at an off-campus apartment complex.

On December 13, 2007, two Louisiana State University research students from Andhra Pradesh, Chandrasekhar Reddy Komma and Kiran Kumar Allam, were shot dead in a flat near their campus.

In Mahesh’s case preliminary autopsy reports haven’t been able to establish the cause of his death.

His family has been asked to wait for six weeks for the final report and they say the US authorities are yet to contact them.

But they do have a request for the authorities.

“In future this should not happen to other students. I request both governments to take more precautionary measures for international students,” Sharvathy pleads.

And the family waits for a word on what exactly led to this tragedy before they can file a police complaint. Source: IBNLive.com



Denmark PM in Karnataka capital

Denmark Prime Minsiter Anders Fogh Rasmussen arrived here in the early hours of Monday on a six-day state visit to India.

Accompanied by his wife Anne-Mette Rasmussen and a business delegation, the Prime Minister landed here to a warm welcome at the HAL Airport amid tight security.

Karnataka Personnel Secretary Jayadev, senior police officers and Danish Ambassador to India were among those who received the visiting dignitory.

During his two-day stay in India’s Silicon Valley, the Denmark Prime Minister will visit the premises of IT bellwether Infosys and Biotech Giant Biocon at the Electronics City.

Mr Rasmussen will also deliver a speech on ‘Making the Most of Globalisation — Spreading the Benefits and Mitigating the Risks’ at the Indian Institute of Management, Bangalore.

Mr Rasmussen will be in New Delhi from February six to eight when he will visit the world-famous Taj Mahal with his wife. Source: dnaindia

Rupee weakens versus US dollar

The rupee turned weak and was quoted lower by about seven paise against the US currency at 39.55/56 a dollar in morning trade on Wednesday on heavy dollar demand amid weakness in equity markets, which fell back after a strong start.

Despite weakness in dollar against major currencies in overseas market after the US Federal Reserve announced a surprise rate cut by 75 basis point on Tuesday, the Indian unit came under pressure due to dollar purchases by banks.

In active trade at the Interbank Foreign Exchange (Forex) market, the rupee resumed better at 39.40/43 a dollar on the back of a strong bounce in equity market in early trading session this morning.

It, however, fell back to 39.55/56 in late morning deals against previous close of 39.4850/4950 as the market failed to hold initial gains.

The BSE benchmark Sensex bounced by 946.66 points to 17,676.60 in the initial five minutes of trade, later later fell back to 17,285.26 at 1030 hrs, up 555.32 points from previous day’s close of 16,729.94.

Forex dealers said there was all-round dollar buying in exchange market in early trade.

Heavy FII pullout from equity also weighed on the rupee sentiment. Foreign Institutional Investors reported outflows of $3 billion in the last five days. Source: IBNLive.com

PM to inaugurate new Bangalore airport on March 28

Prime Minister Manmohan Singh will inaugurate the new international airport coming up in the suburbs of Bangalore on March 28.

“We have requested the Prime Minister to inaugurate the airport,” Karnataka Governor Rameshwar Thakur told reporters here.

The invitation was extended to Singh when Thakur met him here.

Thakur said the government has decided to link the airport in Devanhalli, which is 35 km from the city, with the high speed rail link as recommended by Delhi Metro.

“This is to solve the traffic problems. We have also requested Delhi Metro Managing Director E Sreedharan to monitor the implementation of the project,” he said. Source: economictimes.indiatimes.com

Tata Tea opens Chai Unchai outlet in Bangalore

Tata Tea has forayed into the out-of-home beverage segment by unveiling their first outlet of Chai Unchai in Bangalore.

Sangeeta Talwar, executive-director, Tata Tea, said: “Chai Unchai is crafted as a retail space in the out-of home segment that connects with youth in an exciting and differentiated manner. The new adda or hangout is designed to be cool – neither a kiosk nor a parlour but with an ambience that is warm, friendly, unpretentious and fun.”

“The outlet offers both tea and non-tea beverages with a range of unique snack offerings especially designed for it. Chai Unchai is another first in the industry in the way it has been conceptualised and executed. We are confident we will make a compelling connect with young people,” she added.

Pankaj Dant, general manager (marketing & sales), Tata Tea, said: “Our research shows that this segment has a huge opportunity as consumers are constantly looking at different options for a satisfying out-of-home beverage experience. The design for the outlet has come out of a need expressed by the younger generation for a place where they can just be themselves.” Source: business-standard.com