ALL IS NOT WELL AT HONEYWELL, ACCENTURE

HONEYWELL has announced that it's employees will have to take a mandatory 10 days off in december -january without pay,and ACCENTURE  has just issued  a statement that it will lay off 7% of it's senior executive workforce. the technology sector in general is still some way from a recovery. most companies around the world have tightened their tech budgets.honeywell which makes products like aviation electronics,car turbochargers and temprature control systems for buildings has been hit badly by the global recession  in all the key businesses it supports. in the second quarter ended june 30, it,s profit plummeted to 38% and revenue dropping 22% behind...

THROWN OF THEiR PERCH

with England showing their supremacy in the last test of the Ashes, the Aussies pride once again took a beating by their oldest foes,and this time landed them on a never before 4th spot in the icc rankings since inception. battered and bruised ponting who was heckled by english fans almost the entire series got the dubious distinction of only the second aussie captain in ashes history to be beaten twice in a decade. To quote ponting " this is one series which every aussie cricketer hates to lose" made clear the agony of the skipper. England players celebrated their victory by dousing themselves with champagne after regaining the ashes at the oval last sunday