The MCD workers' protest entered its tenth day on Friday as they continued their agitation in Delhi's Bhajanpura area over non-payment of their salaries.
'When they're told the producer has no money to pay them, where do they go?'
The public sector oil marketing firm stopped supplying fuel to the cash-starved carrier from 12 noon Friday.
The government on Thursday said Kingfisher Airlines has not yet given a revival plan to restart operations, even as employees are aggrieved over non-payment of salaries.
'We continue to urge decision makers to work with FICA at global level, and players' associations at domestic level, to develop joint solutions to issues ... many of which are likely to be exacerbated by the current global situation.'
Wife Anita Goyal and one nominee of Etihad Airways PJSC would also step down from the board.
Pakistan's Test and One-day captain Misbah-ul-Haq, along with some other leading players, will be investigated by the Federal Board of Revenue (FBR) for filing incomplete tax returns.
The Supreme Court Wednesday sought a response from the Future group on Amazon's plea against the January 5 order of the Delhi high court staying the ongoing arbitration proceedings before an arbitral tribunal over Future Retail's Rs 24,500-crore merger deal with Reliance. A bench comprising Chief Justice N V Ramana and Justices A S Bopanna and Hima Kohli issued notices to the Future group firms, Future Coupons Private Ltd (FCPL) and Future Retail Ltd (FRL) and said that it will hear the matter on February 23 "without any adjournment". The Delhi high court on January 5 had stayed the Amazon-Future arbitration which is going on before a three-member arbitral tribunal over the latter's Rs 24,500-crore deal with Reliance.
Digital payments provider Paytm is all set to make its market debut as early as this year, with an aim to raise $3 billion (around Rs 22,000 crore). If successful, this could be the biggest initial public offering (IPO) by an Indian company, breaking Coal India's 2010 record of Rs 15,475 crore. According to media reports, the board of One97, parent company of Paytm, is all set to meet this Friday to formally approve the IPO plan.
The striking pilots are now planning to move the labour court against the airline for failing to pay their backlog.
Goswami and the two other accused Feroze Shaikh and Nitish Sarda will have to appear before a magistrate court at Alibaug in neighbouring Raigad district of Maharashtra on Thursday, pursuant to summons issued to them in December 2020.
Claiming non-payment of salaries to anganwadi volunteers for three months in his three-page letter in Hindi, Sisodia continued to fire a salvo at Baijal, saying: "You are the Lt Governor of Delhi. You have also been an IAS officer, but I request you to stop seeing things through spectacles of an IAS officer."
The reasons for non-payment remain unknown. GHIAL spokesperson, Arun Bhagat, refused to comment.
While 22 flights of the airline were cancelled from Delhi, nine were cancelled from Mumbai, sources said.
Pilots have been protesting since Thursday against non-payment of their due salary.
Misbah-ul-Haq's misfortunes with the Federal Board of Revenue and Taxation continued when his SUV vehicle was confiscated by authorities for non payment of taxes and duty.
About 200 engineers reported sick in April protesting delay in salaries.
Amid an increase in localised lockdowns across the country, Reserve Bank Governor Shaktikanta Das on Wednesday said there is no need for a loan repayments moratorium at present, stating that businesses are better prepared to face the situation. It can be noted that the RBI had announced a six-month moratorium in the early days of the national lockdown last year to help borrowers impacted by a chilling in economic activity. The entire state of Maharashtra is in a lockdown for non-essential services and localised and night lockdowns are being observed in many pockets of the country, including the national capital, to restrict the surge in cases.
The bone of contention between the two sides relates to changes in the purchase terms.
Paytm will look to raise up to $1.5 billion as part of primary share sale, leading up to its initial public offering (IPO), which is planned for November, a person familiar with the developments said. The company is looking to file its draft red herring prospectus (DRHP) by July, according to sources. According to this person, though the details of the listing are being worked out, Paytm may take the qualified institutional buyer (QIB) route to list and issue fresh equity to raise funds.
The policies that have lapsed for more than two years and were not allowed to be revived earlier can also be revived now, LIC said in a statement.
Yes Bank has taken over the headquarters of Anil Ambani's group in suburban Santacruz in Mumbai for failure to repay dues worth Rs 2,892 crore. The private sector lender has also taken possession of two flats in South Mumbai for the non-payment of dues by Reliance Infrastructure, according to a notice published by Yes Bank in a newspaper on Wednesday.
The Sena said Uddhav's comparison with Indira Gandhi was a matter of pride.
On Wednesday night, Goswami was taken for medical examination at a state-run hospital in the coastal town, the official said. After the medical exam, he was taken to Alibaug Nagar Parishad School, which is designated as a COVID-19 centre of the Alibaug prison, and he spent the night there, the official said.
Tech giant Apple on Monday said it is undertaking a detailed investigation following the violent incident at its supplier Wistron's Narasapura facility in Karnataka last week.
Employees of Kingfisher Airlines who have not been paid salaries for the past 17 months on Thursday threatened to launch an indefinite hunger strike from Monday demanding stringent action against the defaulting company.
Cricketers in the West Indies have not been paid their match fees since January this year due to a severe cash crunch in their governing body. While the players' retainer has been cleared, Cricket West Indies (CWI) has admitted the non-payment of match fees.
The fairy tale turnaround story has, however, taken a few knocks after a second wave of the pandemic has brought a series of default notices and has posed the toughest test for the 55-year old Singh to save the airline he founded and sold to the Marans only to assume control later.
Yes Bank CEO said the private lender is disposing some of the properties in many other cases as well. He, however, declined to elaborate on borrowers against whom such action was underway.
The Bombay high court had on Monday refused to grant interim relief to Arnab Goswami and two others in connection with the case and directed him to approach a lower court to seek bail.
The current termination charge is 10 paisa a minute.
Indian ace tennis star Sania Mirza has been summoned by the service tax department in connection with alleged non-payment or evasion of dues.
Retired college teachers in Bihar are facing financial difficulties as they have not received their pension for the past four months, reports M I Khan.
The bankruptcy tribunal had on July 5, prevented the Directorate General of Civil Aviation from deregistering the Boeing 777 plane, which has been under the possession of a Dutch cargo provider since April.
Apple Inc is commencing assembly of its iPhone 12 model in the country, a move that is expected to help the US tech giant further consolidate its position in the burgeoning smartphone market in India. Apple has partnered with third-party manufacturers like Foxconn and Wistron to make some of its phones in India. These include iPhone SE, iPhone 10R and iPhone 11.
How a chartered accountant won the battle against his company of interest on his PF dues
Earlier in the day, Jet Airways faced operational disruptions across major airports when IOC refused to refuel its planes without clearing the outstanding amount.
A week after violence broke out at its Narasapura facility in Karnataka, contract manufacturer Wistron on Saturday said it has fired its vice-president who was heading India operations even as iPhone maker Apple placed the Taiwanese firm on probation. Wistron, which assembles the latest version of the iPhone SE at the violence-hit plant, admitted that there were faults in its wage payment processes. A section of workers at Wistron Corporation's facility in Narasapura Industrial Area in Kolar district near Bengaluru went on rampage last week over non-payment of their wages.
Republic TV Editor-in-Chief Arnab Goswami, arrested in connection with the alleged suicide of an interior designer, was on Sunday shifted from Alibaug to Taloja jail in Maharashtra's Raigad district, the police said.
'Everyone wants that doctors should fight from the frontlines of the pandemic, but there's no reaction from the government when they fall ill or even die because of it.'
