Darice Paula Grippo, a vice president in the investment-research division of the Putnam Management Company in Boston, was married yesterday to Robert Leonard Wareham, a senior trust officer with the Old Colony Trust division of the First National Bank of Boston. The Rev. David Drew Rose, a United Church minister, performed the nondenominational ceremony at the Houghton Memorial Chapel at Wellesley College.

The bride, who will retain her name professionally, is a daughter of Mr. and Mrs. Milo Paul Grippo of Orange, Conn. She was graduated from Wellesley College, where she was a Wellesley College Scholar, and the Harvard University Graduate School of Business Administration. Her father, who formerly owned the New London (Conn.) Seaplane Service, is a consultant to the Avco Lycoming Corporation in Stratford, Conn., from which he retired as superintendnent of research and development quality assurance. Her mother was formerly a pilot with Piper Aircraft in Lock Haven, Pa.

Mr. Wareham is a son of Harry Percival Wareham of Chapoquoit Island, West Falmouth, Mass., and the late Mrs. Wareham. He was graduated from the Brooks School in North Andover, Mass., Boston University and the National Graduate Trust School of Northwestern University. His previous marriage ended in divorce. His father is retired and was a manufacturer’s representative in F.N. Burt Company, a packaging concern in Rochester.

If the IBM-Board meets Tuesday, the key decision will face as deeply to cut this period. And the result would be to say much about how fast and powerful, as the company’s new chief executive, Louis V. Gerstner Jr., wants its mark on the troubled computer giant, he joined in April.

Most of Wall Street and industry analysts expect that the sources of board to take a cargo of large profits for the second quarter against the closure of factories and equipment balances, since the company streamline its activities. The fee for the cutting of production capacity - which could be enriched by $ 1 billion to over U.S. $ 4 billion, said one analyst - would, in addition to $ 2 billion of depreciation announced earlier this month as provided for greater reduction of staff. The operating loss expected

The International Business Machines Corporation is also expected to announce its second quarter results after the committee meeting. In addition to a special levy for the reductions, analysts predict that the report is an IBM operating loss in the area of $ 140 million to $ 180 million.

Most analysts believe that the board decides Tuesday on the slice of IBM dividend for the second time this year, given that the company cash to recover the fighting. The quarterly distribution is 54 cents and analysts predict that this is more than half, or 25 cents.

The computer industry are also noted, if the name of IBM or compensation for its two onboard. Three out of directors recently decided to bottom, and Tuesday of the meeting are also the last of Jack D. Kuehler, a vice-president of IBM, retired. A clean, bold stroke

If you are a second quarter enormous fees is that it works to the advantage of Mr. Gerstner - and IBM - for financial housecleaning necessary for a stroke and bold move with the reconstruction process. That must stop IBM, analysts say, is its recent history, the costs quarter after quarter, year after year, react to market changes, rather than control.

“Death by a thousand cuts is exactly what IBM has done for years,” said David Yoffie, a professor at the Harvard Graduate School of Business Administration. “Gerstner has helped to reduce as much as possible, as quickly as possible, that behind him.

Mr. Gerstner, provides Dan Mandresh, an analyst for Merrill Lynch & Company, is in favour of a “clear the decks” approach.

November 1 (PTI Economic Service): NIIT, the name is synonymous with information technology services and solutions providers so far, has recently diversified in the training of managers and professionals Banking. To that end, the company has three new schools - - NIIT Imperia for the training of management personnel; NIIT Litmus qualified personnel for human resources companies and hunger IFBI ITES (Institute of Finance, banks and insurance), to meet the exponential growth of financial services sector in India and overseas markets. NIIT has already announced an investment of about Rs 27 crore in the next three years for all new businesses. Under the IFBI and Imperia, it is first six centres, which would be increased from 15 at the end of next year and 75 in 2009.

In the first phase of strengthening Litmus, NIIT, four specialised centres in Delhi, Mumbai, Chennai and Bangalore. In the next three years, Litmus centres in about 150 cities. With NIIT Imperia, a person does not need a break from the bid management graduate of the Indian Institute of Management (IIMS). Three IIMS - Ahmedabad, Calcutta, Indore and the executive are now its development programmes at the disposal of six distance-learning Center in the country on the technology available to NIIT. NIIT has recently announced a public-private partnership with three IIMS to start Imperia, the management of labour market training frameworks for synchronous learning with technology. The content, teaching and certification and knowledge of the area is one of IIMS, while technology, synchronization classrooms across the country and managing the education system are distributed by NIIT. “Currently we have six advanced learning centers in six cities (the four metros and Bangalore and Hyderabad) for an investment of 5 crore business in the next three to five years, we hope to reach 75 cities of RS 20 crore investment, ”NIIT Chairman Rajendra S Pawar said.

First, two programs each participant IIMS would be proposed. It includes three general management programmes for professionals with a minimum of three years experience, six or 10 years, Indore IIM, Ahmedabad and Calcutta, respectively. A strategic programme of Business Communication of IIM Ahmedabad, a course on finance Applied IIM Calcutta and a programme of sales and marketing management of IIM Indore are available. The programs are pricing in the field of R-54000-R 2.00000. The content, teaching and certification programs under the Imperia is one of IIMS and technology synchronous classrooms across the country and management of education system would be distributed by NIIT, he added . — Learning synchronous technology allows remote access to classrooms to live with the Faculty teaching establishments. The classes will be run after working hours and weekends, allowing students to continue their work and education simultaneously. Under the system of the Faculty, an internal studio is located inside the campus of the IIMS and students, through meetings, interactive two-way video and audio and other software to replicate face-to - face teaching. The diversification of hunting activities in the head of the company, NIIT has also recently a new institute, NIIT The court, which would have qualified personnel human resources ITES hunger.