Click here to visit SME Buzz - A Business Standard special on the latest news, information and features on Small and Medium business  
   
Business Standard
Wednesday, Mar 10, 2010
Budget 2010 Sponsored by
drived banner
drived banner
  Advanced Search
Feedback | RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Smart Portfolios II
  Search:

Air India says salary as agreed; Union meeting tomorrow
Press Trust of India / Mumbai July 2, 2009, 17:48 IST

Amid reports that lower grade employees of Air India are unlikely to get their salaries tomorrow as agreed upon earlier, a section of the air- carrier's employees unions is holding a meeting here to discuss its future strategy.     

"We are discussing the issue and will announce our future course of action in case the management fails to honour its commitment of paying salaries to the lower category of employees by July 3," an Air Corporation Employees Union leader told PTI here today.     

The union leader said so far there has been no communication from the management about payment of salaries tomorrow.     

Meanwhile in New Delhi an Air India spokesperson said: "Air India is working towards paying wages and salaries to its employees in the lower grades on July 3 as part of the decision finalised at a meeting with the unions last week".     

Aviation Industry Employees Guild General Secretary George Abraham threatened a demonstration tomorrow in case the management fails to pay  their salaries as agreed upon earlier.      

In end-June, the airline's management had agreed to pay salaries to its lower grade employees by July 3.

This followed protests from the unions which had threatened a strike if employees were not paid their June salaries on time.    

Earlier, on June 13, Air India had expressed its inability to pay June salaries to its 31,000 employees on June 30 citing a liquidity crunch in the company.     

The national airline had also requested senior officials of General Manager rank and above to forego one month's salary to help the organisation tide over the crisis.     

It was only after protests by the unions that the management agreed to pay the lower category of employees their June salaries.

 

Arrow Other Stories     
- Markets witness a quiet day
- No women rights by destroying democracy: Sharad Joshi
- PMEAC for hike in petroleum prices
- SEL to set up Rs 800 cr textile plant in MP
- Gammon India bags Rs 630 cr order from Delhi Tourism
More  
  Read Business news in 
   " Instant Loan for Corporates"
   Get a complementary DLF IPL Ticket worth Rs500
   Click here to visit Business Standard SME Buzz
   Transfer your funds at ease from abroad
   Get triple tax benifits, and doosra income Advantage
   Now Pick your advisor with ING Life Insurance
  Replace your aging IT hardware and dramatically lower your IT operating expense
  Tata AIG Health Insurance - Complete Health Cover with Tax Savings.
  US Expats & Visa Holders Economy is tough, your taxes don't have to be.
  Reduce cost and increase profitability.. know more
  Overcome IT challenges & exceed business expectations with a simple click
  Giftwithlove.com: Same Day Gifts & Flowers Delivery to India
   Discussion Board / User Comments    
Display Name  Email-Id  
Post your comment
Most Popular
Read
E-Mailed
Commented
   
- $11 bn in the balance, a no-show by Gripen fighter
- Bosch declares lock-out at Bangalore plant
- Now, nuclear liabilities bill under a cloud
- Tata Sons buys Daimler's Tata Motors shares worth Rs 300 cr
- IIM-B final placements close in just five days
 
 More  
BS Poll
Cast Your Vote
 
   
 
Do you support the Women's Reservation Bill?
  Yes  No
Submit

  Hot Searches  
 
Budget 2010 |  Railway Budget |  Economic Survey |  Bharti |  Ranbaxy |  Auto sales |  My Name Is Khan |  CAT  |  Maruti Suzuki |  Small Car |  Dubai |  BSE  |  NSE |  Amitabh Bachchan |  Mukesh Ambani |  Anil Ambani |  Bollywood |  TCS |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Congress |  Rahul Gandhi |  New Pension Scheme |  Service tax |  Excise duty |  Sebi |  Notebook |  Tech Mahindra |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |   |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  World Bank |  HDFC  |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Site Map | Contact Us | Feedback