Sanjay Nirupam, Congress Member of Parliament from North Mumbai constituency, raked up the issue in the Lok Sabha on Friday, saying that the gag order was wrong as it infringed upon the rights of the airline's employees.
According to sources close to the development, finance secretary Ashok Chawla, who is driving the process, is working on a concept note to provide the framework for consolidation.
BSNL had proposed to dilute 10 per cent of the government's equity holding through an IPO to raise about $10 billion. However, the offering was put off amid opposition from the employees union. The company is yet to decide on a bidder for the western region.
A draft note on equity infusion in Air India, prepared by the civil aviation ministry, is being sent to Cabinet Committee on Economic Affairs.
Ignoring a government advisory, IDBI Bank has moved to a variable pay structure for its officers, who will now have a 70 per cent fixed salary component.In the process, it has become the first public sector bank to shift to this structure, while the other banks, that are part of a negotiated wage structure, gave up the plan in the wake of opposition from employee unions.
As the House took up the debate on Motion of Thanks on the President's Address, the Bharatiya Janata Party launched a frontal attack on opposition parties specially the Congress for their stance against the CAA, saying they were trying to divide the nation.
The United Forum of Bank Employees Unions (UFBEU) representing about 9.5 lakh (950,000) bank employees across the country, has given a two-day nation-wide bank strike call on August 6 and 7 in support of their expedite settlement of wage revision demands.
In a last-ditch effort, the management of national air-carrier Air India is holding talks with a section of its employee unions to avert a strike on the issue of deferment of June salaries.
Hyundai had signed a wage settlement on Thursday with a pay rise of 21-24 per cent over a three-year period. HMIEU had earlier gone on strike from April 20 to May 7 saying the management had not recognised the Union and had dismissed 80 employees, suspended 20 workers and transferred nine employees. The strike was called off after the meeting held by the labour commissioner on May 17.
However, even as the ACEU claimed there would be disruption of flights during that time, the A-I management made it clear they had not backed out on their commitments and had told unions they would pay the salaries by July 3 or 4. However, even as the ACEU claimed there would be disruption of flights during that time, the A-I management made it clear they had not backed out on their commitments and had told unions they would pay the salaries by July 3 or 4.
The normal operations, including payment and settlement activities in the Reserve Bank of India (RBI), are likely to be affected on Friday with its employee unions going on one-day strike to press their demands on pension.
Banking operations were affected as the strike call given by the employees union to press for wage related issues entered the second day on Thursday.
The United Forum of Bank Employees Union has taken this decision of going on strike after failure of talks with the Indian Banks Association on May 11, C H Venkatachalam, convenor of UFBU, said.
One of the employee unions in Air India has complained that the entire, and misplaced, focus of the management was on slashing pay in the name of a turnaround plan.
Wage revision in PSU banks is done every five years.
Employees of public sector banks have called off the strike planned on February 25 and 26
The strike would impact all the operations of the airlines. The union has threatened strike if its demand for continuing the employees' present permanent jobs with the state-run AAI is not heeded to and they have to join private airport operators like Mumbai International Airport Ltd (MIAL) and Delhi International Airport Ltd (DIAL).
The government on Thursday broached plans for the public listing of telecom giant Bharat Sanchar Nigam Ltd with its workers, but neither the proposal nor an offer of ESOPs found any takers.
IBA has commissioned a study to evaluate the pros and cons of keeping banks shut on Saturdays.
The strike could have put customers to inconvenience, since banking services would have remained disrupted almost the entire next week, and for the government, as tax payments for 2006-07 have to be made by March 31.
Dissatisfied with the wage hike offer made by Indian Banks' Association (IBA), public sector lenders' employee unions on Monday threatened to go on a two-day strike from February 10.
With BSNL slipping to the number three position on mobile subscriber base, its employees union wants immediate placement of the 45 million GSM line orders with the vendors to check the diversion of customer loss to the private operators.
Besides human resources integration, the merged airline, is expected that the combined airliner would have the benefit of increased cost savings and profitability of Rs 820 crore by 2010.
Passengers at all airports across the country are likely to suffer as nearly 15,000 employees of government-owned Indian (Airlines) are on a flash strike
Banking operations are likely to be hit hard on Friday as three employees unions have called for a nationwide strike to oppose outsourcing of services, demand recruitment of staff and one more pension option.
Over 10 million central government employees and pensioners will get five per cent additional Dearness Allowance with retrospective effect from July 1, this year.
The workers who staged demonstrations and raised anti-government and anti-Sonia Gandhi slogans outside the airport, tried to block the movement of the travellers, leading to the cops using force against them.
The services of government-owned Indian will be disrupted on Thursday and Friday on account of employee protests over wage arrears.
Over 400 Toyota Kirloskar Motor Employees Union members have ended their sit-in protest outside the labour commissioner's office in Bangalore, to pave the way for holding conciliatory talks.
The wage revision of public sector bank employees is due from November 2012.
Country's biggest lender State Bank of India had proposed merger of five associate banks.
The staff of public sector banks had gone on a nationwide strike for two days beginning February 10 after discussions with the IBA failed.
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