AI stir: 10 pilots sacked, union de-recognised
In a crackdown, Air India on Tuesday sacked ten agitating pilots, de-recognised their union and sealed its offices as around 160 of them failed to join duty, leading to cancellation of five international flights since midnight.
Kingfisher negotiates with striking employees
Kingfisher Airlines said it is negotiating with the agitating employees who went on a flash strike on Saturday over non-payment of salaries and hopes to resolve the problem soon.
"We are in constant
Portugal court stays cancellation of extradition of Abu Salem
India has got a breather with the Constitutional Court of Portugal staying the order of its Supreme Court on violation of extradition agreement of underworld don Abu Salem by New Delhi by slapping new
Labour strike to paralyse banking, transport services Tuesday
A nation-wide 24-hour general strike called by major trade unions on Tuesday could cripple the country's transport, banking and postal systems after the government's attempts to avert it remained unsu
Labour strike to paralyse banking, transport services Tuesday
A nation-wide 24-hour general strike called by major trade unions on Tuesday could cripple the country's transport, banking and postal systems after the government's attempts to avert it remained unsu
Kingfisher outlook dims further on loan denial
State Bank of India, the country's top lender, has not extended further loans to debt-crippled Kingfisher Airlines, a bank official said, denying reports that the state-owned creditor was close to off
Bank bailout for Kingfisher hangs in balance
Lenders to Kingfisher Airlines have not agreed to extend further loans to the debt-crippled carrier, three banking sources said on Wednesday after reports that State Bank of India (SBI) had agreed on
Bank bailout for Kingfisher hangs in balance
Lenders to Kingfisher Airlines have not agreed to extend further loans to the debt-crippled carrier,
No government bailout for Kingfisher: Ajit Singh
Operations of cash-strapped Kingfisher Airlines continued to be disrupted for the third consecutive day on Monday even as the government reiterated that it will not bailout the Vijay Mallya-led carrie
I-T dept to initiate prosecution action in HSBC Geneva cases
The Income Tax department is mulling to initiate prosecution action for concealment of income against those black money hoarders whose names have allegedly figured in the classified list of account ho