No wage cut without consulting employees: Praful PatelSeptember 29th, 2009 NEW DELHI - Civil Aviation Minister Praful Patel Tuesday urged Air India pilots to give up their agitation and report back to work, and assured them that any decision regarding wage cuts would be taken after consulting them. "No formal decision regarding cut in productivity linked incentives (PLI) or others has been taken.
Air India cuts employees' incentives by 50 percentSeptember 23rd, 2009 MUMBAI - India's cash-strapped national carrier Air India Wednesday decided to cut productivity linked incentives (PLI) of employees by 25 to 50 percent. The decision was taken at a board meeting of the carrier here, an Air India spokesman said.
Air India cuts employees' incentivesAugust 20th, 2009 MUMBAI - Cash-strapped national carrier Air India Thursday decided to cut performance-linked incentives of its employees by 30 to 50 percent. The decision was taken at a meeting between the management and employees union leaders and the workers have accepted the cut, an airline official said.
Worker claims in $100M class-action lawsuit that shipping giant UPS didn't pay overtimeAugust 19th, 2009 UPS socked with $100M overtime lawsuitATLANTA — Shipping giant UPS is being accused of not paying overtime to account managers who go door-to-door making sales pitches to businesses. Laura Meza, a Whittier, Calif., resident who has worked at UPS since it acquired her previous employer trucking company Overnite in 2005, claimed in a lawsuit filed Wednesday in federal court in San Diego that she has regularly worked 60 hours a week but was only paid a straight salary.
Bank employees' strike deferredJuly 4th, 2009 CHENNAI - A nationwide strike planned by employees of State Bank of India (SBI) and its six associate banks for July 6 against the merger of State Bank of Indore with SBI has been deferred, a union leader said Saturday. "The bank management has been advised by the deputy chief labour commissioner to discuss the issue with unions before pursuing the merger issue with the Reserve Bank of India and the central government," said C.H.
Air India employees go on two-hour strikeJuly 3rd, 2009 NEW DELHI - Employees of national carrier Air India went on a two-hour strike at airports across the country from 1 p.m. in protest against the delay in salary payments despite a warning from the management that this would entail a pay cut.
Two-hour strike by Air India staff, management unfazedJuly 3rd, 2009 NEW DELHI - Employees of national carrier Air India went on a two-hour strike at airports across the country Friday to protest the delay in salary payments, but it failed to move the airline management. No flights were affected while our employees were on strike, said Air india executive director for corporate communications Jitender Bhargava.
Air India won't pay salaries July 3, workers' strike FridayJuly 2nd, 2009 NEW DELHI - The Air India management Thursday backtracked on its commitment to the employees' union to pay staff salaries by July 3, pushing employees to threaten again that they would go on strike from Friday. Yielding to pressure from its employees, the cash-strapped national carrier had June 29 said it would pay the June salaries July 3, instead of July 15 as had been decided earlier.
Air India employees to get salary July 3 without cutsJune 29th, 2009 NEW DELHI - Yielding to pressure from its employees, cash-strapped national carrier Air India Monday decided to give them their June salary July 3, instead of July 15 it decided earlier. "The management has told us that we would get our salaries on July 3.
Air India seeks Rs.10,000-crore bailoutJune 23rd, 2009 NEW DELHI - India's flag carrier Air India, which is struggling to cope with a cash crunch, will ask for a Rs.10,000-crore (about $2 billion) bailout package from the central government, a senior official said. Airline officials, who discussed the airline's financial problems with Civil Aviation Minister Praful Patel Tuesday night, will meet top government officials again seeking help.
Air India plans Rs.500-crore annual salary cutJune 22nd, 2009 MUMBAI - State-run carrier Air India has targeted slashing annual salary costs by Rs.500 crore, it said here Monday. Air India has appointed a four-member committee to examine existing wage agreements, including flying allowances and productivity-linked incentives, signed with the unions associations and the Indian Pilots Guild. The committee has been directed to go into all aspects of cost rationalisation and reduction of wasteful expenditure with the unions and submit its report by July 15.
Air India employees warn of indefinite strike from July 1June 16th, 2009 NEW DELHI - Employees of Air India will go on an indefinite strike from July 1 if the management delays their salaries next month, a workers' union leader said Tuesday. We have decided to go on an indefinite strike from July 1 if the Air India management refuses to pay our salaries on time.
Air India employees warn of strike if salaries delayedJune 15th, 2009 NEW DELHI - Employees of flag carrier Air India Monday threatened to go on strike if the management delays their salaries next month. National Aviation Co of India Ltd (NACIL), which owns Air India, had Saturday said it would pay the June salaries of its around 31,000 employees two weeks into July due to a cash crunch.
Bill seeks powers to fix capital of State Bank of India armsFebruary 25th, 2009 NEW DELHI - The finance ministry Tuesday tabled a bill in parliament that seeks to empower the government to fix the authorised and paid-up capital of the subsidiaries of the State Bank of India (SBI) and to appoint its top management. The bill was necessitated after the ownership of these subsidiaries of India's largest commercial bank was transferred to the government from the Reserve Bank of India (RBI), which is also the regulator for the banking industry in the country.
Over 1,700 insurance employees strike work in northeastDecember 22nd, 2008 AGARTALA - Over 1,700 insurance employees in the northeast went on strike Tuesday as part of a nationwide protest against the government's move to raise foreign direct investment (FDI) in the insurance sector. More than 1,700 insurance employees belonging to 22 branches of Life Insurance Corp of India (LIC) and the General Insurance Corp (GIC) in Tripura, Manipur, Mizoram and Assam took part in the strike, said Dipankar Chakraborty, a spokesman of the All India Insurance Employees Association (AIIEA).