It is likely the airports - Chennai, Kolkata, Kochi, Pune, Ahmedabad, Jaipur, Lucknow and Guwahati - will be bid out for 30 years and the tariffs will be fixed upfront.
Condemning moves by the government to privatise IOC, its employees unions on Wednesday threatened to go on an indefinite strike until the issue was resolved, but ruled out seeking judicial intervention on the matter.
The relay hunger strike by airport employees, owing allegiance to Airport Authority Employees Union, to protest the privatisation of Delhi and Mumbai airports, entered the second day on Friday.\n\n\n\n
According to Association officials, Indian Banks' Association offered only a 11.5 per cent increase in hike compared to 17.5 per cent offered in 2011-12.
The impact of the strike was most visible in the road transport sector where majority of unions joined the 'stay-away' protest.
Do you think that airport modernisation should be privatised? Or do you agree with the employees' demands? What do you think? Tell us.
Employees of Bharat Sanchar Nigam Ltd will strike work on May 21 in response to a call by central trade unions to protest government's privatisation policy.\n\n\n\n
Union says move to privatise four more airports violates Tripartite Panel recommendations that govt accepted long back
AIBEA is part of United Forum of Bank Unions, the umbrella organisation of employee and officer unions of nine banks, which has given the call for one-day strike on January 7 and four days from January 21 in support of their wage hike demand pending since November 2012.
Bank employees' unions have decided go on a day-long strike on January 7 across the country to press for a wage hike. Bank unions have also threatened to go on strike on multiple days later this month if their demand is not accepted.
Toyota Motor Corp of Japan, had on March 16 declared a lockout.
Opposing the government's move to merge the country's oldest financial institution with Punjab National Bank, IFCI's employees union on Wednesday proposed a mega merger of IFCI, IDBI, IIBI and IDFC.
The Supreme Court on Tuesday upheld the validity of controversial government pension scheme by which a certain percentage of an employer's contribution to the provident fund is diverted for pension purposes.
The central and state government employee unions asked various trade unions to advance the nationwide strike against "anti-employee" policies of the government and the Supreme court ruling banning strikes by government employees, to January 2004.
Bharat Sanchar Nigam Ltd Employees Union on Friday extended support to the proposed indefinite strike of employees of public sector oil companies against privatisation of HPCL and BPCL.
The association also wondered how the brand value of Kingfisher was considered as a collateral while sanctioning a loan, and alleged that even when RBI knew that this was a "deliberate default", no action was taken by the banks.
With Indian infrastructure companies burdened with debt, global PE funds and developers sense an opportunity to buy the airports cheap
The government will notify categories of employees who will be excluded from the controversial tax proposal on provident fund withdrawals.
So how is it going to affect the common citizen?
A coalition of five employee unions of state-run Shipping Corporation of India have called a strike on December 16 to protest against the firm's divestment.
Hyundai said its production was not impacted because of the labour problem at the vendor's factory.
Maruti Udyog on Thursday said it has entered into a new five-year wage settlement with its employees' union, aimed at drastically cutting costs and simplifying the wage structure.
If you want to apply for a job at State Bank of India (SBI), any default on loans or credit card payment will render your ineligible.
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This is the third meeting between the two parties, including one in which the Company Law Board had taken part.
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It is a non-deal roadshow that begins amid threat of workers strike against divestment move
Air India's website, which went down two days ago after the airline offered a special fare of Rs 100, was apparently blocked by a few sites in India and abroad for a considerable time.
The company has dismissed 194 cabin crew and 11 pilots over past year for unauthorised absence and such reasons.
'There is large-scale sacking, and salaries in smaller companies are lower than the minimum wages of Rs 18,000 a month.'
Last week, Nokia offered financial help to employees who wished to explore opportunities elsewhere
The EPFO has about 3.7 crore (37 million) members.
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