• Wed, May 22, 2019
  • Employees of grounded Jet Airways protested outside the Civil Aviation Ministry here on Tuesday, demanding revival of the airline and payment of their pending salaries.
    Jet Airways' employees hold protest outside Civil Aviation Ministry
    The protests come amid the State Bank of India-led consortium of lenders struggling to find a buyer for the airline which ceased operations around mid-last month due to acute liquidity crisis.Around 200 employees of Jet Airways demonstrated with banners reading Hear our cry, let 9W fly , We fly you around, don't let us be on ground , We have dependents to feed, please don't let 9W bleed and A family helps each other for cleaning house .9W is the flight code for Jet Airways.As the protesters moved towards the ministry, Delhi Police and CRPF personnel erected barriers to stop them.Three employees of the full-service carrier met S K Mishra, joint secretary of Ministry of Civil Aviation.Asish Kumar Mohanty, one of the employees who met Mishra, told PTI later, We have given him an update about today's conditions within Jet Airways... We...
  • Bharti Airtel boosts 4G network in HP Bharti Airtel boosts 4G network in HP

    Airtel has deployed advanced network technologies and tools such as modern carrier aggregation to step up high speed network capacity and coverage.

  • Rupee slips 6 paise against US dollar Rupee slips 6 paise against US dollar

    The BSE Sensex was trading 205.24 points, or 0.52 per cent, higher at 39,557.91 in early trade. In similar movement, the broader NSE Nifty rose 48.90 points, or 0.41 per cent, to 11,877.15.

  • Sensex rises over 200 points to hit record high in early trade Sensex rises over 200 points to hit record high in early trade

    The 30-share index was trading 205.24 points, or 0.52 per cent, higher at 39,557.91. In similar movement, the broader NSE Nifty rose 48.90 points, or 0.41 per cent, to 11,877.15.

  • Leyland ready to ride on Musk’s dream run in India Leyland ready to ride on Musk’s dream run in India

    Tesla CEO Elon Musk who has been moving back and forth on his India dream for couple of years and unable to take the next big step now has an invitation from commercial vehicles major Ashok Leyland.

  • Ford Motor to axe 7,000 of its global salaried workforce Ford Motor to axe 7,000 of its global salaried workforce

    Ford Motor Co will eliminate about 10% of its global salaried workforce, cutting about 7,000 jobs by August end as part of its restructuring. The move will save the second biggest automaker $600 mn...

  • Indian Terrain onboards MSD, to double revenue in three years Indian Terrain onboards MSD, to double revenue in three years

    Menswear brand Indian Terrain Fashions Ltd plans to expand its retail network, while eyeing doubling revenues in three years, a top official said here on Monday.

  • ArcelorMittal commits Rs 42k cr to buy Essar Steel ArcelorMittal commits Rs 42k cr to buy Essar Steel

    Global steel major ArcelorMittal on Monday told the National Company Law Appellate Tribunal (NCLAT) that it would pay Rs 42,000 crore, including a minimum of guarantee of Rs 2,500 crore as working...

  • Air Asia India to offer flexi-plans to 200 firms Air Asia India to offer flexi-plans to 200 firms

    Seeking long-term travel commitment, Tata Group joint venture Air Asia India plans to tie up with about 200 companies in the next few months, offering them a slew of benefits, including flexibility in...

  • India has 6 pc more women in corporate leadership roles than other countries India has 6 pc more women in corporate leadership roles than other countries

    Women entrepreneurs in India are definitely forging ahead, marking their space and being counted in society, according to the consensus among experts at an interactive session here organised by the...