Articles for tag: Airways, Aviation, Bidders, Declares, dues, Escalating, Fail, Imminent, Indias, Jet, Liquidation, Pay, SBI, Sector, Tensions, Volatile

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SBI declares Jet Airways’ liquidation imminent as bidders fail to pay dues, escalating tensions in India’s volatile aviation sector.

SBI declares Jet Airways’ liquidation imminent as bidders fail to pay dues, escalating tensions in India’s volatile aviation sector.

The State Bank of India (SBI) has expressed concern over the ongoing issues with the bankrupt airline Jet Airways, stating that the buyer, Jalan Kalrock Consortium (JKC), is refusing to pay outstanding dues. During a Supreme Court hearing, SBI indicated that liquidation may be the only option left for the airline, as JKC has failed ...

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Boeing faces massive temporary furloughs amid a strike by 33,000 workers demanding a 40% pay raise over escalating tensions.

Boeing faces massive temporary furloughs amid a strike by 33,000 workers demanding a 40% pay raise over escalating tensions.

Boeing is facing significant challenges as CEO Kelly Ortberg announced plans to furlough a large number of employees amid an ongoing strike by union machinists. The strike, which began last week, involves around 33,000 factory workers in the Pacific Northwest who rejected a pay raise proposal. Instead of the offered 25 percent increase over four ...

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Amid Echoes of Legacy, Tamil Nadu Leaders Pay Tributes—But Is Nostalgia the Only Change We Can Expect?

On September 15, 2024, Tamil Nadu Chief Minister M.K. Stalin and DMK leader Kanimozhi Karunanidhi paid tribute to party founder C.N. Annadurai on his 116th birth anniversary in Chennai. Stalin, along with senior officials and party members, honored Annadurai at his statue on Anna Salai-Wallajah Road, recognizing his valuable contributions to social change in Tamil ...

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Cognizant’s Chennai HQ Up for Sale Amid Controversial Pay Practices

Cognizant’s Chennai HQ Up for Sale Amid Controversial Pay Practices

Cognizant, a major technology firm, has put its India headquarters in Chennai up for sale, potentially bringing in around Rs 800 crore. The property, which has served as its headquarters for over 20 years, spans 15 acres and includes a large office space along the IT Corridor. The company has enlisted JLL, a property advisory ...

Ireland’s Cricketers Receive Pay Raise in Revised Central Contracts: Current Affairs Question and Answers

### Today’s Current Affairs: Ireland Cricket Players Secure Pay Raise with New Contracts In the latest developments, Ireland’s cricket players have successfully negotiated a pay raise after reaching an agreement with Cricket Ireland and the Irish Cricketers’ Association for new central contracts. These contracts, which were finalized following a stand-off, will be in effect until ...

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AMF Raises Alarm on BYBIT: Why You Need to Pay Attention

The Australian Market Finance (AMF) has issued a warning about the potential risks associated with using cryptocurrency exchange platform BYBIT. The AMF cautions that investors should be aware of the volatility and lack of regulation in the cryptocurrency Market before participating in trading activities on BYBIT. Stay informed and make wise investment decisions to protect ...

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