Ford, UAW reach tentative deal on contract concessions; union leaders meet TuesdayOctober 13th, 2009 Ford, UAW reach tentative deal on contractDETROIT — The United Auto Workers union says it has reached a tentative deal with Ford Motor Co. on contract concessions.
Ford Canada begins preliminary contract talks with Canadian Auto WorkersSeptember 8th, 2009 Ford Canada begins talks with unionTORONTO — Ford Motor Co.'s Canadian division and the Canadian Auto Workers union began labor talks on Tuesday after the union made substantial concessions to both General Motors and Chrysler earlier this year. Ford asked the CAW to reopen its current labor contract, which doesn't expire until 2011.
What youngsters expect from Monday's budgetJuly 5th, 2009 NEW DELHI - Concession on student loans, higher spending on education and health, fuel price cut - students and young professionals have a whole list of expectations as Finance Minister Pranab Mukherjee presents India's national budget for this fiscal Monday. Rakhi Malhotra, a college student who voted for the first time in the April-May elections, said she had a lot of hopes from the budget.
Gujarat grew 12.79 percent last fiscalJune 30th, 2009 GANDHINAGAR - Despite the global economic slowdown, Gujarat achieved a high growth rate of 12.79 in 2008-09, state Finance Minister Vajubhai Vala said here Tuesday. Announcing the annual state budget for 2009-10, Vala told the state assembly: "The five-year plan outlay for Gujarat was Rs.23,275 crore and despite implementing the sixth pay commission recommendations coupled with the slowdown woes, Gujarat achieved a growth rate of 12.79 percent."
The 2009-10 budget has a surplus of Rs.47.75 crore.
Diamond cutting industry hopes for tax sops in union budgetJune 28th, 2009 SURAT - As the government gears up to present this year's union budget, the recession-hit diamond cutting industry is looking forward to some sops, which could bail it out from the economical rough waters. Traders in Surat, nation's diamond hub, said they are anticipating some tax relief in the budget.
Gujarat fishing export business hit by recessionJune 9th, 2009 VERAVAL - The world wide recession has also taken a toll on the fishing industry of Veraval in Gujarat. Veraval, which is considered to be the hub of fishing exports, is now going through its worst possible phase as fish traders report a dip of almost 30 percent in overseas demand.
Will 3rd time be a charm? Auto union to vote again on contract in bid to keep NY plant openMay 30th, 2009 Union bids again to keep NY plant openEAST SYRACUSE, N.Y. — Members of a New York United Auto Workers union are voting for a third time to try to save a suburban Syracuse parts plant from closing.
NY budget official predicts end to recession later this year, but doesn't expect major reboundApril 28th, 2009 NY budget official: Recession to end later in yearALBANY, N.Y. — New York state budget officials predict the national recession will end sometime in the third quarter of 2009.
Milk Marketing Federation in Gujarat records Rs. 67.10 billion turnoverApril 4th, 2009 ANAND - Inspite of economic recession, Gujarat Co-operative Milk Marketing Federation (GCMMF), popularly known as Amul, in Anand, has recorded a turnover of Rs. 67.10 billion for the fiscal 2008-2009.
Auto sales up in February, but industry remains cautiousMarch 10th, 2009 NEW DELHI - February brought a breather for the country's struggling auto industry, which witnessed a 15-percent year-on-year jump in passenger vehicle- sales and 45 percent growth in the mid-size segment during the month, according to an industry lobby. The figures released by the Society of Indian Automobile Manufacturers (SIAM) said compact vehicle-sales also went up 21 percent last month.
'Treat diamond workers in Gujarat at par with Tatas'March 2nd, 2009 AHMEDABAD - The downturn-hit diamond workers in Gujarat should be given financial aid at par with the concessions offered to the Tata Group for its Nano car project, a breakaway faction of the ruling Bharatiya Janata Party (BJP) said Sunday. The Mahagujarat Janata Party (MJP) - formed by some rebels of the Gujarat unit of the BJP - criticised Chief Minister Narendra Modi for his alleged apathy towards the recession-hit diamond workers in the state.
Auto industry welcomes budget, but demands more stimulus measuresFebruary 15th, 2009 NEW DELHI - Though the interim budget has not announced any specific sops for the crisis-hit auto sector, the increased allocation for defence and surface transport ministry would boost vehicle sales, according to a leading industry lobby. The higher outlay for the defence sector, the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and the ministry of surface transport 'could be used for funding the vehicle replacement programme and for boosting the purchase of new vehicles,' the Society of Indian Automobile Manufacturers (SIAM) said.
Bajaj Auto launches new bikeJanuary 20th, 2009 NEW DELHI - Bajaj Auto Ltd, one of the leading two-wheeler makers in the country, Wednesday launched a 135cc version of its XCD motorcycle. The bike, sporting a 10.5 brake horsepower (bhp) engine, will cost Rs.45,000 (ex-showroom).
Vibrant Gujarat to focus on small industries: ModiJanuary 6th, 2009 AHMEDABAD - The Vibrant Gujarat Global Investors Summit-2009, begining Jan 12, will focus on the small and medium enterprise (SME) sector, and generate more employment, Gujarat Chief Minister Narendra Modi said here Tuesday. 'The global economic crisis is an opportunity for Gujarat to plan and march ahead.
I see Golden Gujarat ahead: ModiDecember 29th, 2008 NAVASARI - Gujarat Chief Minister Narendra Modi Tuesday asked people of the state to resolve to build a 'Golden Gujarat'. 'The entire country is looking at us and at our development.
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