Company News

HP India Launches ‘HP Software University’ In partnership With IIHT

HP India Launches ‘HP Software University’ In partnership With IIHTIn partnership with the Indian Institute of Hardware Technology (IIHT), Hewlett-Packard (HP) has launched ‘HP Software University’ (HPSU) on Thursday.

The first of its kind program in the non-enterprise training space will concentrate on the increasing demand of software testing experts in the country.

Moreover, the pupils will also receive certified training on HP Software and a curriculum path surrounding different testing software from HP including Quick Test professional and LoadRunner.

Levi-Strauss to close Hungarian jeans factory

Levi-Strauss to close Hungarian jeans factoryBudapest - Clothing giant Levi-Strauss confirmed on Friday that it will close its Hungarian plant by the end of June with the loss of 549 jobs.

The factory in the small southern town of Kiskunhalas has been turning out the company's iconic denim jeans since 1988, when Hungary was still a communist state.

The US clothing company told the local news agency MTI that it had agreed a severance package with its Hungarian workers.

Over 30,000 jobs have been lost in Hungary since the effects of the global financial crisis hit the country hard last October.

Finnish Giant Nokia To Cut 1,700 More Jobs Globally

Finnish Giant Nokia To Cut 1,700 More Jobs GloballyFinnish giant Nokia will be slashing 1,700 more jobs globally to lessen its cost in the current tough crisis.

The company plans to cut over €700 million (US$900 million) in costs by the coming fiscal.

The job cuts are believed to affect people working at the company’s device and markets units in addition to its corporate development and global support sections.

Eija-Riita Huovinen, communications manager at Nokia, said that the largest number of job cuts will be made in Finland.

BSNL Signs Sale & Distribution Deal With Micromax For 3G Data Cards

BSNL Signs Sale & Distribution Deal With Micromax For 3G Data CardsBSNL and Micromax have signed up a national deal for sale and distribution of 3G Data Cards to the BSNL subscribers.

The freshly launched BSNL 3G services are presently available in around 11 cities, and BSNL eyes to raise this reach to approx 700 cities by the next 2-3 months.

Bayer Schering Pharma sales grow 23 per cent in Asia-Pacific

Bayer Schering Pharma sales grow 23 per cent in Asia-PacificSingapore - Bayer Schering Pharma Asia-Pacific's sales grew 23 per cent to 910 million euros (1.3 billion US dollars) in 2008 despite the global economic downturn, the company's regional head, Chris Lee, said Tuesday in Singapore.

The growth rate, based on business numbers that excluded Japan, made the subsidiary of Germany-based Bayer Schering Pharma AG "one of the fastest-growing multinational pharmaceutical companies in Asia," Lee said.

Unilever Group All Set To Cut Costs At Global Level

Unilever Group All Set To Cut Costs At Global LevelIn a bid to combat the problem of the current global economic crises, the fast moving consumer goods major, Unilever Group has decided to step up its cost cutting drive at the global level where it will concentrate more on protecting the cash flows.

Speaking with the media persons here on Friday, Paul Polman, Unilever’s CEO said that the company has appointed a Global Procurement Officer to handle this task. A common global procurement platform has also been drawn to meet the requirements of the FMCG major across the globe.

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