IndiGo to deepen pay cuts for senior employees, pilots by 25-30 per cent
New Delhi: IndiGo on Monday (July 27) mentioned it’s implementing deeper pay cuts of as much as 35 per cent for its senior workers so as to cut back its … Read More
Tag: coronavirus crisis
Airbus to cut 15,000 jobs to counter slump due to Covid-19 pandemic
Airbus on Tuesday unveiled plans to shed 15,000 jobs inside a yr, together with 900 already earmarked in Germany, saying its future was at stake after the coronavirus outbreak paralysed … Read More
Thailand plans $722 million subsidy to spur domestic travel after coronavirus crisis
Thailand will defray prices for home holidaymakers, with the cupboard approving measures price 22.Four billion baht ($722 million) on Tuesday, to assist the tourism trade after guests dried up due … Read More
India cuts rate to lowest since 2000 to revive shrinking GDP
India’s central financial institution reduce rates of interest in an unscheduled announcement on Friday, ramping up assist for an financial system it expects will contract for the primary time in … Read More
Telangana’ s IT exports grows 18% at Rs 1.28 lakh cr in FY’20, twice the national average
HYDERABAD: Continuing its spectacular efficiency within the Information Technology sector, Telangana clocked over Rs 1.28 lakh crore IT exports throughout 2019-20, a progress of almost 18 per cent over the … Read More
Rolls-Royce plans 9,000 job cuts on collapse in air travel
Rolls-Royce Holdings Plc Chief Executive Officer Warren East’s five-year bid to revive earnings has been shattered by the coronavirus disaster because the UK engineering big strikes to scrap 9,000 jobs. … Read More
World economy faces tough journey back from coronavirus crisis: Reports
The world financial system probably faces an extended slog again from the coronavirus disaster. Two stories out Monday predict that world progress will wrestle to bounce again from the lockdowns, … Read More
PV Sindhu on concern around fitness of players amid lockdown: Many are worried and frustrated, but we’ve to accept the situation
Among a number of different issues that one finds powerful to do throughout the lockdown, is staying match. It is an enormous concern particularly for athletes, as their coaching routines … Read More
Centre curtails EPF contributions by 2%, move likely to benefit 650,000 firms
The Centre on Wednesday decreased statutory deductions on staff’ provident fund (EPF) contributions for each formal sector employers and staff from the standard 12% every to 10%, for the May-July … Read More
Vedanta Resources to delist Indian unit: What it means for you
Vedanta Resources Limited stated on Tuesday it desires to delist its Indian unit Vedanta Ltd from all exchanges the place its shares are listed, because it appears to speed up … Read More