Indian Airlines had to pay the amount as compensation to a British firm for aborting a pilot training contract. UK-based Storm Aviation was to train 66 pilots over the first three months of the term that cost pound 11,380 per candidate. However, IA discontinued the training after the first batch of 10 pilots. Storm Aviation filed a lawsuit demanding about pound 500,000 in compensation; IA settled out of court by paying pound 350,000.
Indian quarter-miler Nirmala Sheoran on Friday secured her Rio Olympics berth after clocking an impressive 51.48 seconds in the women's 400 metre category in the National Inter-State Senior Athletics championships at the G.M.C. Balayogi Stadium in Hyderabad on Friday.
Rediff reader Heera Nawaz, 59, from Bengaluru, Karnataka tells us about her first job and salary:
Next month's Federation Cup National Senior Championships (April 10-13), a qualifying event for the Tokyo Olympics, has been postponed to a later date.
Rediff readers tell us what their first salary was and what it meant to them at the time.
Employees of some top Indian companies were in for a pleasant surprise when they received a mail from their HR team announcing a hike in salaries and bonuses. Led by IT firms and start-ups, HR managers say that while some have offered cash and stock options, others are in a wait-and-watch mode and add the trend will pick up in other sectors. For example, IT giant Cognizant - which had an attrition rate of 19 per cent in the December quarter - has established a $30-million employee retention fund in order to bring down the high attrition rate.
Every year, AP Moller-Maersk takes on around 500 new young talents all over the world. 500 trainees are chosen from over 85,000 applicants, of which 40,000 go through stringent tests and interviews.
While there has been an improvement in the overall demand environment, the other reason expected to trigger this growth is the absence of a bench strength in most companies
The airline in a statement attributed the decision to slash salaries to developments in the market, including the Gulf region.
Abhinav Shaw became the youngest gld medallist at the Khelo India Youth Games when he teamed up with Mehuli Ghosh to help West Bengal win the 10m air-rifle mixed team event.
Cholamandalam DBS is looking for Management Trainees and Relationship Managers-Sales/ Credit/ Collections for its personal loans and home equity departments across major cities in India.
However, talking to media persons later, Murthy advocated another term for Kalam as President.
'The world needs India because it needs a voice that speaks of peace, non-violence and peaceful coexistence.' 'This vision and voice, this attitude and belief are what India has stood for over the last twenty millennia,' Vice President Venkaiah Naidu tells trainee diplomats.
Kushagra publicly crossed swords with his uncle, Rahul Bajaj calling him a 'raja' (king) who does not have the time to meet his 'prajas' (subjects).
Sachin Tendulkar has no doubts in his mind that Dean Jones would have been one of the "most sought after batsmen" if he were to be part of the T20 generation and called him a player well ahead of his time.
Along with a robust set of numbers, the management too sounded confident of its growth prospects
By the end of the June quarter, the top four - TCS, Infosys, Wipro and HCL Tech employed 10,15,000 employees - down by 9,144 employees over the previous quarter.
'Ultimately, you are treated according to the stars on your shoulder.' 'Not as a man, not as a woman, not as a girl,' says Assistant Commandant Tanu Shree Pareek.
Mercantile Advertising is looking for an account manager, business development executives, management trainees and copywriters.
The footprints of Indian-origin corporate executives at multinationals is expanding, with Sandeep Kataria taking over the reins of footwear major Bata as its global chief executive officer. From FMCG majors to IT titans, Kataria joins the league of Indian-origin executives who have climbed the highest echelons of corporate across diverse sectors globally. From Nooyi to Pichai to Nadella, the list of such people at the helm of multi-billion dollar enterprises is long.
Rohit Sharma emphasised that backing the young players is important to make them confident about their game.
Oldham Athletic and Barnet provided some old-fashioned FA Cup magic with shock victories against much more illustrious opponents but English champions Manchester City proved ruthless as they scored seven times in the third round on Sunday.
IIT-Delhi saw international training offers from Hong Kong, South Korea and the US.
India's chief national badminton coach Pullela Gopichand on Friday admitted that it was tough for him to manage two of his illustrious wards Saina Nehwal and PV Sindhu together, saying he could never pick a favourite between the two. Gopichand said he always saw the duo as his kids and felt bitter when Saina left his academy to join Prakash Padukone's academy.
Modi wanted to reap the Pradhan Mantri Kaushal Vikas's success in the 2019 election, but officials say blaming Rudy alone for its slow progress was unjust.
With almost 25,000 seats up for the taking the Common Written Exam for Probationary Officers is a golden opportunity for candidates aspiring for jobs in India's public sector banks.
With almost 25,000 seats up for the taking the Common Written Exam for Probationary Officers is a golden opportunity for candidates aspiring for jobs in India's public sector banks.
Mid-sized IT firms have stepped up hiring in the current fiscal year, adding more than half as many employees in the first quarter of FY19 as compared to the whole of the previous financial year. This momentum is likely to continue for the rest of 2018-19 (FY19) as well.
ICICI Bank MD and CEO Chanda Kochhar has been ranked as the most powerful businesswoman in India for the third consecutive year by Fortune Magazine.
Since 1954, the Bhasins have collectively flown every aircraft in India.
We asked you, our dear readers, to share your 2 States stories. Here is Parth Choudhury's tale of love!
Germany's record goalscorer Miroslav Klose is starting a traineeship with the national team as the retired striker looks to kick off his coaching career, the German Football Association said.
The lone athlete to start outdoor training after relaxation in lockdown guidelines, sprinter Dutee Chand only has the "eerie silence" of the stands for company as she tries "to wake" her body up at the Kalinga Stadium in Bhubaneswar. The 24-year-old Dutee began outdoor training on Monday after the Odisha government gave permission as per relaxed guidelines for COVID-19 lockdown's fourth phase, stepping out for the first time on a synthetic track in two months.
The young pilot of a two-seater training aircraft, which went missing on Tuesday after it took off from Bisri Airfield in Gondia in Maharashtra, was killed when it crashed into the mountains, police said.
Politics is his first love, but it is downright business that he is trying to learn, at the Godrej group. Some three weeks ago, Pirojsha Godrej, Adi and Parmeshwar Godrej's 23-year-old son, joined the family business as a management trainee.
Rediff reader Sherfudeen Mohamed, 41 from Canada shares his inspiring story:
There are 5,004 IAS officers working across the country.
Three winners from India will be given the opportunity to be trained for six-months under the supervision and direction of Hitachi in Japan.
Barcelona were in danger of being toppled from the top of La Liga standings on Sunday after they suffered a shock 2-1 defeat at Deportivo La Coruna.
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