Articles for tag: Airline, Demand, Indias, Industry, Minister, Naidu, Pledges, Rammohan, Soaring, SpiceJet, Struggling, Support, Union

September 9, 2024

Union Minister K Rammohan Naidu pledges support for struggling SpiceJet amidst soaring demand in India’s airline industry.

Union Minister K Rammohan Naidu has addressed the challenges faced by SpiceJet, emphasizing the government’s commitment to ensuring a balance in aviation operations amid rising demand in India. The airline is currently under increased scrutiny due to its financial and legal difficulties, with the Directorate General of Civil Aviation implementing enhanced surveillance measures. Naidu highlighted ...

September 9, 2024

Market News

Business

Boeing’s shares surged after a tentative deal with its union, but a potential strike looms as workers vote on the contract.

Boeing’s stock rose 3.7% after the company reached a tentative agreement with its largest union, representing over 32,000 workers, avoiding a potential strike. This deal is the first major negotiation led by new CEO Kelly Ortberg, who took charge just a month ago amid challenges. The proposed four-year contract includes a 25% wage increase, which ...

September 9, 2024

Market News

Politics

Union Education Minister Accuses Stalin of State Rivalry, Igniting Debate on NEP and Fund Fairness – Who’s Really Winning?

Union Education Minister Dharmendra Pradhan has criticized Tamil Nadu Chief Minister M. K. Stalin for claiming that the central government is unfairly withholding funds from well-performing states that oppose the new National Education Policy (NEP). In a recent statement, Pradhan emphasized that healthy competition among states is important, but he believes that creating divisions among ...

September 4, 2024

Market News

Business

Volkswagen Faces Turmoil: Fierce Union Resistance Against Proposed Factory Closures

Volkswagen is facing a challenging meeting as management proposes major cuts, including potential factory closures in Germany, to achieve a profit target of 6.5% by 2026. CFO Arno Antlitz and VW brand chief Thomas Schaefer will address the workforce in Wolfsburg, while works council head Daniela Cavallo warns of strong opposition to these plans. The ...

September 2, 2024

Market News

Business

Infosys Onboards Delayed 2022 Graduates Amid Union Vigilance and Promises

Infosys is moving ahead with the onboarding process for engineering graduates from the 2022 batch, with many candidates receiving updates on their joining dates and offers. Reports suggest that over 1,000 campus hires have been contacted, although Infosys has not yet confirmed this officially. The onboarding will likely begin by the end of September or ...

August 31, 2024

Market News

Business

Chaos Erupts as Union Minister Giriraj Singh Faces Alarming Security Breach

Union Minister Giriraj Singh faced a security scare during his ‘Janta Darbaar’ event in Begusarai, Bihar, where an individual attempted to attack him by breaching the security cordon. The accused, identified as Shahzad alias Saifi, was arrested for his aggressive behavior and attempts to disrupt the event. Following the incident, Singh expressed his determination to ...