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On March 14, the Supreme Court had ordered Nokia India to give Rs 3,500 crore (Rs 35 billion) as guarantee before it transfers the plant to Microsoft.
Reaching out to present and former employees of the defence PSU at an interaction with them, Gandhi said, work done by HAL for the country was tremendous and the country owed debt to it for "protecting us" and creating a scientific vision.
The national carrier currently has 15 recognised trade unions.
Strike is total, impacts all branches of PSU and private banks. Clearing operation at RBI also hit.
Two office-bearers of the Toyota Kirloskar Motor Employees Union and eight other employees are staging the strike. Simultaneously, about 1,000 employees, registered with the TKMEU, staged a dharna at the factory gate from 10 am to 6 pm on Wednesday.
Toyota Kirloskar Employees Union (TKMEU) on Saturday said they were ready to resume work on March 24 but would not sign any undertaking as desired by the company, which has agreed to lift the lock-out at its two plants in Bidadi near Bangalore following government's conciliatory efforts.
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With new private banks in the play, the going could become more difficult for the old-school state-run banks, already losing business and market position, forcing them to think hard towards consolidating and forming larger entities to garner big-ticket deals.
Air India is running into losses
After months of negotiations and intermittent unrest impacting production, Pune-based Bajaj Auto and its Chakan plant unions have finally reached a wage agreement.
As Rose Valley resurfaces, Sudip Bandyopadhyay and Tapas Pal's arrests marks the end of the bonhomie between the TMC and BJP.
Employee integration and branch rationalisation are major challenges.
The employees associated with various unions of AAI have formed a joint forum and started the three-day-long strike in front of the Civil Aviation Ministry at Rajiv Gandhi Bhawan here and at AAI offices across the country.
In the factory, workers said Friday was the last day as far as production was concerned.
The unions claimed that wrong policy decisions of the previous government, poor practices, lack of accountability and general mismanagement by top administration and allowing private carriers to flourish at the cost of Air India were some of the factors for the current state-of-affairs
Constant harassment and pressure to accept bribes has left employees of the Tamil Nadu administration disillusioned, reports R Ramasubramanian from Chennai.
Amid strong opposition from CIL workers union to the proposed stake sale in the company, Finance Minister P Chidambaram has said the disinvestment proceeds of about Rs 20,000 crore (Rs 200 billion) from the coal behemoth will be invested in public sector banks.
The Kozhikode international airport at nearby Karipur in Mallapuram district of Kerala, which had been temporarily shutdown after violence erupted on Wednesday night following the death of a Central Industrial Security Force jawan, began operations on Thursday morning with arrival of two flights.
The comments come about a week after PSU bank employee unions went to a four-day relay strike to press for early revision of wages.
Post office savings of 1, 2 and 3 year term deposits and 5-year recurring deposit currently fetch 8.4 per cent interest per annum.
Workers' union to hold meeting on Monday to decide when to return to work.
Andhra Pradesh, which has lately been a hotbed of activity following the decision on Telangana will continue to see more drama in the days to come. Chief Minister Kiran Kumar Reddy appears to have made his peace with the decision to bifurcate the state, but is weighing his options heavily in order to launch a new party. Vicky Nanjappa reports.
Move to strengthen market share and become more profitable.
Two thermal power stations at Vijayawada and Kadapa went into steam on Friday as power employees in coastal Andhra and Rayalaseema regions of Andhra Pradesh resumed work after calling off their indefinite strike "temporarily" in view of cyclonic storm Phailan.
Industrialist Pawan Ruia's (think Dunlop and Jessop) arrest this month for cheating and criminal breach of trust marked a new low, but the tide had been turning against him for a while now. Ishita Ayan Dutt & Avishek Rakshit report.
IBM employed a total of 434,246 persons globally at the end of 2012.
'With this amendment, permanent employees will cease to exist.' 'The government should give a human touch and human face to labour reforms.' 'Ideas like survival of the fittest, might is right, etc, are rules of the jungle.' 'They cannot give new terms like hire and fire to jungle law.'
The proposal had attracted strong criticism from the salaried class.
Chaos ensued in the Lower House as Ashok Gajapathi Raju refused to heed the demand of revoking the flying ban on Ravindra Gaikwad.
Says more than 120 who lost jobs have approached it; TCS says workforce optimisation leads to some involuntary attrition, nothing out of ordinary
The proposal for listing public general insurers had come up in 2007.
Dunlop & Jessop head for closure & new ventures abroad yet to inspire but tycoon says he's still going strong.
Government employees in 13 districts of coastal Andhra and Rayalaseema launched an indefinite strike on Tuesday protesting the proposed bifurcation of Andhra Pradesh.
The Marathi poem, Gandhi Mala Bhetala (Gandhi met me), is a satirical critique of those who falsely claim to follow the path of Mahatma Gandhi
There were many who had reposed faith in the Narendra Modi government for expeditious action but are today beginning to feel disillusioned, notes Jitender Bhargava.
Upon implementation of the 7th Pay Commission the expected yearly burden on the central exchequer will be more than Rs 100,000 crore. Central government employees will get on an average a 24 per cent pay hike. Still, the unions aren't happy.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
Ten trade unions to go on strike to protest against changes in labour laws
Unions will 'fight to death' if company 'decides' to shut Chennai factory.
A New York commuter train that derailed on the weekend killing four people and injuring 63 others was travelling at a speed of 82 miles per hour -- nearly three times faster than the recommended limit -- when it veered off the tracks along a curve, authorities said.
Much of the tardy reaction to competition is the result of LIC's legacy.
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