Moreover, the implementation of the Sixth Pay Commission -- which has raised the pay packets of government employees almost at par with their private sector counterparts -- has increased the attraction for public sector jobs. In the wake of the economic downturn, industry experts feel there has been a shift towards public sector employment.
The Madhya Pradesh unit of the Congress on Wednesday accused Rashtriya Swayamsevak Sangha of possessing a cache of unlawful arms and demanded a judicial probe into the death of a Sangh activist after a firearm went off accidentally during 'Sashtra Puja' on Dussehra.
The ED said that Jain's hawala (money laundering) transactions are to the tune of Rs 5,000 crore (Rs 50 billion).
Last week Vineet Nayyar, the CEO of Satyam's new owner Tech Mahindra, had said Satyam has an excess staff of 10,000.
The general nervousness because of the IL&FS default will prevail in the system for now.
Under the resolution plan, the lenders would end up having a sizable portion of shares in the airline, if their boards of directors agree to convert part of their debt into equity.
India's international carrier Air India has come to the relief of Jet Airways passengers, after Jet had to cancel over 130 flights when 400 pilots failed to show up for work.
Jet Airways chairman Naresh Goyal on Tuesday met civil aviation secretary Madhavan Nambiar on Tuesday against the backdrop of pilots of the private carrier refusing to report to work to protest against the sacking of two of their senior colleagues.
Dinakaran's chartered accountant will be called by the crime branch for questioning in the matter.
Tamil music composer Dharan along with nine singers -- Benny Dayal, Naresh Iyer, Haricharan, Ranjith, Chinmayi, Sumitra Sarathy, Shalini Singh, Subhiksha and Suchitra have come out with this music video as a tribute to King of Pop.
India has once again emerged as the most optimistic nation in terms of hiring plans for the next three months and the recruitment pace is expected to return to the pre-recession level in the new year, global staffing services firm Manpower says.
The explosion took place at about 2115 hours. Some soldiers were working in the section when a battery meant for charging vehicles went off triggering a blaze, Naresh Vig, Public Relations Officer of the Army, said.
Promising the best and affordable education under a safe environment and a relativey easy permanent residency, Kiwiland is an inviting study destination.
'When you come through the hassles and struggles of business life, your mind is wired differently.' 'You are more connected to reality,' Akali Dal MP Naresh Gujral tells Rahul Jacob and Archis Mohan
A visibly upset Speaker Sumitra Mahajan adjourned the House till noon. It was not immediately clear whether the paper torn was picked from the table of the Secretary General.
Raising questions about the impartiality of the Election Commission ahead of Lok Sabha polls, Tamil Nadu Chief Minister M Karunanidhi said on Wednesday the EC should prove by its deeds that it was a neutral body.
The company's net sales, however, declined at Rs 2722.68-crore (Rs 27.22 billion) during Q3 FY 10 as against Rs 2908.87-crore (Rs 29.08 billion) in the same period last year.
Because, really, what is summer without colour?
'Earlier the planning process was services specific, with others coordinating. 'Now we shall have an apex leader backed by a structure, who is accountable to provide single-point advice, based on best of all options dependent on geographical and situational intrigue, and that too, after validation,' says General Anil Chait (retd), the former central army commander.
Jain's residence was searched by sleuths of Enforcement Directorate during which they claimed to have recovered an unaccounted cash of Rs 60 lakh from his residence in Pitampura of North Delhi, official sources said.
"Temporary recruitment may overtake permanent in the short-term, with employers preferring the flexibility of being able to add or remove staff from their payrolls as needed," Manpower India Managing Director Naresh Malhan said. Citing the global economic turmoil, many employers around the globe are trying to find ways for containing costs and are cautious about hiring decisions by making do with the people they have.
Jet Airways Chairman Naresh Goyal on Wednesday said that he would have no option but to follow 'the law of the land' if an action had to be taken against the agitating pilots, while appealing to them to resolve the matter amicably and return to work. Meanwhile, Goyal met Civil Aviation Minister Praful Patel in the wake of the agitation by the airline pilots.
Jet Airways chairman Naresh Goyal said the strategic alliance forged almost a year ago between his company and Kingfisher Airlines has still not achieved tangible progress, and added that airfares need to rise by 20-25 per cent.
The court also extended till February 7 the interim order restraining the EC from issuing any notification announcing bypolls.
Special Police Officer Naresh Kumar was killed in the encounter between the terrorists and the security forces in the forest area of Mendhar in Poonch district, defence sources said. The Bhati Dhar forest of Mendhar area has been cordoned off by the forces, which are also being assisted by Special Operation Group of police.
Switching to a damage-control mode, bankers and government officials claimed that Jet Airways wouldn't fall even if Etihad refuses to back the resolution plan and exits.
The pilots and other senior staff have not been getting their full salaries since December.
As deaths due to swine flu continued to rise, Health Minister Ghulam Nabi Azad on Monday discussed with Cabinet Secretary K M Chandrasekhar the situation arising out of the spread of the viral disease.The meeting, also attended by Health Secretary Naresh Dayal, came soon after two more deaths due to swine flu were reported in the country, and discussed the measures to contain further spread of the disease.
Amidst the ongoing war of words between the Ambani brothers over the issue of pricing of gas, Mukesh Ambani, chairman, Reliance Industries Ltd, on Tuesday met TKA Nair, Principal Secretary to the Prime Minister, at the latter's office in the South Block.
Low cost carriers have 55 per cent of the market, up from 45 per cent in Q1 last year, and 30 per cent two years back. Does it mean India really is an LCC market? The performance of the airlines also seem to suggest that. While budget carrier Spicejet announced a small profit for Q1, all the big boys in the industry seem to be in trouble.
As we get used to a long haul of isolation to curb the spread of COVID-19, the police's new avatar in many places is a far cry from that of the high-handed enforcer of law and order.
Madhya Pradesh Governor Ram Naresh Yadav's son Shailesh, who was recently named as an accused in the multi-crore Vyapam scam in MP, was found dead on under mysterious circumstances at his father's official residence in Lucknow.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Currently, Etihad has 24 per cent shareholding in Jet Airways
Cops to quiz AAP MLA Naresh Balyan about recovery of liquor bottles.
"While employers in India continue to show optimism in their hiring intent, the impact of US slowdown has started showing its impact," Manpower India Managing Director Naresh Malhan said while releasing the latest Manpower Employment Outlook Survey. Malhan further noted that 'future trends would be challenging and the October to December quarter would be a testing time largely due to rising crude oil prices.'
Jet Airways group CEO Ravi Chaturvedi has resigned. Amid difficult times for the aviation industry, Jet Airways has cut three of its biggest loss-making international routes and plans to lease four wide-body Boeing 777 aircraft, besides phasing out three Boeing 737 planes.
The employees gathered at terminal-1B and chanted slogans against the airlines' chief Naresh Goyal and Vijay Mallya, the chairman of Kingfisher Airlines. They also vented their ire against the government for not taking any action against the Jet Airways for sacking nearly 1,900 of its employees, mostly probationers and trainees.
Giovanni Bisignani, CEO of International Air Transport Association, said Delhi and Mumbai airports were one of the worst contributors to the crisis, for their 207 per cent hike in charges. "There is no room for this nonsense in our future. When demand drops, suppliers cannot divide the same costs among fewer customers. The shape of everything must change," he declared.
Jet Airways' Acting CEO and Chief Financial Officer Ravishankar Gopalakrishnan has resigned, sources said on Tuesday, the latest in the high-profile exit from the private carrier.
