Read Financial Articles on Day Trading, Investment, Stock Market, NIFTY, BSE, NSE, Mutual Fund, Commodities and ETF
JACKPOT PACKAGE: Get 95%+ Accuracy in our premium package. Charges only Rs.5000/Month.
To Get Free Trial Just SMS JACKPOT and your Name to 9999961207 or Call Us.
Share Gyan launches new website for COMMODITY TIPS. Register for free trial @ CommodityGyan.in now!


Air India cautions of reduction in salaries in case of strike

Friday, July 3, 2009 11:46 am
By ShareGyan.com NewsDesk

Air India on Friday, cautioned its staff of allowance and wage reduction if they joined the projected 2-hour “unlawful” strike this afternoon to dissent overdue imbursement of wages.
Air Corporation Employees Union, Aviation Industry Employees Guild and some other unions have endangered to leave their offices countrywide and stage demonstrations from 1300-1500 hours on Friday apart from menacing to shun their meetings with the organization.
Reportedly, Air India CMD Arvind Jadhav had addressed the staff through a letter that apart from wages and salary payments, fuel and bank charges such as interest and principal payments has to be remunerated timely every month.
Nevertheless, the unions accused the administration of “going back on their word” to disburse the salaries by Friday.
The unions had canceled their projected strike on 30th June after the administration agreed to disburse wages of 70% of staff by Friday. They were against the previous decision of the management to postpone the June salary by July mid.

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Copyright © 2009 ShareGyan.com. All rights reserved.

Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. ShareGyan.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.

Disclosure: The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.