Employment News 16 August 2013 , Part 1
Network equipment maker Cisco Systems Inc is cutting 4,000 jobs, or 5 percent of its workforce, as it makes a fresh attempt to reduce costs and refocus on growth areas in the face of uncertain demand for its networking equipment.
Cisco said last month it plans to buy cybersecurity company Sourcefire Inc for $2.7 billion. The company has made it a priority to improve security across its hardware, software and cloud products. Cisco had a net profit of $2.3 billion, or 42 cents per share, in the fourth quarter.
That compared with a profit of $1.9 billion, or 36 cents per share, in the year-ago quarter.
Manmohan Singh on Thursday became the first Prime Minister outside the Gandhi-Nehru family to unfurl the national tri-colour from the ramparts of the Red Fort for the 10th time--
Only Jawaharlal Nehru and his daughter Indira Gandhi have hoisted the flag more than 10 times at the Red Fort.
Nehru had hoisted the national flag 17 consecutive times while Indira Gandhi got the honour 16 times. Indira Gandhi had unfurled the flag 11 consecutive times between 1966 and 1977.
Dr. Singh, who assumed office on May 22, 2009 for the second consecutive term, already has the distinction of being the third longest serving Prime Minister after Nehru and Gandhi.
Dr. Singh’s predecessor Atal Bihari Vajpayee had unfurled the tricolour from the Red Fort six consecutive times from 1998 to 2003.
Dr. Singh, the country’s 14th Prime Minister, first hoisted the tricolour on August 15, 2004, nearly four months after he assumed office in May.
Nehru was the first Prime Minister to unfurl the flag from the ramparts of the 17th century Mughal monument on August 15, 1947 after India became independent.
Principal of India's first Sainik School passes away
Founder-principal of India's first Sainik School at Satara (Maharashtra), Lt Col Yog Raj Puri, died in Pune.
He was 98. He is survived by wife, son and daughter.
Cisco cutting 4,000 jobsNetwork equipment maker Cisco Systems Inc is cutting 4,000 jobs, or 5 percent of its workforce, as it makes a fresh attempt to reduce costs and refocus on growth areas in the face of uncertain demand for its networking equipment.
Cisco said last month it plans to buy cybersecurity company Sourcefire Inc for $2.7 billion. The company has made it a priority to improve security across its hardware, software and cloud products. Cisco had a net profit of $2.3 billion, or 42 cents per share, in the fourth quarter.
That compared with a profit of $1.9 billion, or 36 cents per share, in the year-ago quarter.
Manmohan Singh on Thursday became the first Prime Minister outside the Gandhi-Nehru family to unfurl the national tri-colour from the ramparts of the Red Fort for the 10th time--
Only Jawaharlal Nehru and his daughter Indira Gandhi have hoisted the flag more than 10 times at the Red Fort.
Nehru had hoisted the national flag 17 consecutive times while Indira Gandhi got the honour 16 times. Indira Gandhi had unfurled the flag 11 consecutive times between 1966 and 1977.
Dr. Singh, who assumed office on May 22, 2009 for the second consecutive term, already has the distinction of being the third longest serving Prime Minister after Nehru and Gandhi.
Dr. Singh’s predecessor Atal Bihari Vajpayee had unfurled the tricolour from the Red Fort six consecutive times from 1998 to 2003.
Dr. Singh, the country’s 14th Prime Minister, first hoisted the tricolour on August 15, 2004, nearly four months after he assumed office in May.
Nehru was the first Prime Minister to unfurl the flag from the ramparts of the 17th century Mughal monument on August 15, 1947 after India became independent.
Nasa's Juno spacecraft has reached halfway to Jupiter,
touching a milestone in its five-year voyage to our solar system's largest
planet to learn about Jupiter's origins,
structure, atmosphere and magnetosphere, and look for a potential solid planetary
core----
The USD 1.1 billion Juno mission, which was launched on
August 5, 2011, reached halfway to Jupiter on Monday, a Nasa statement said.
The 9.464 astronomical units Juno has already travelled (or
still has left to go) is equivalent to 1,415,794,248 kilometres.
Juno will arrive at Jupiter on July 4, 2016. Once in orbit
around Jupiter, the spacecraft will circle the planet 33 times, from pole to
pole, and use its collection of eight science instruments to probe beneath the
gas giant's obscuring cloud cover.
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