Wednesday, October 24, 2012

Kingfisher also king of staff attrition

Kingfisher also king of staff attrition


Kingfisher also king of staff attrition

Posted: 24 Oct 2012 08:46 PM PDT

Even as the grounded Kingfisher Airlines continues to dither over paying salary arrears to its staff, the number of its employees dwindled nearly 40 per cent between March and September.


Govt turns down DIAL’s plea

Posted: 24 Oct 2012 07:17 PM PDT

The aviation ministry has turned down Delhi International Airport Pvt Ltd's (DIAL) plea to deduct its dues from Air India from the revenue it shares with the Airports Authority of India (AAI).


Lanco downgraded as it defaults on payment

Posted: 24 Oct 2012 06:56 PM PDT

Hyderabad-based Lanco Infratech has been downgraded to "D" grade or default category after its failure to meet obligations on debt.


Retailers not bullish on this festive season

Posted: 24 Oct 2012 06:51 PM PDT

After a sluggish start for retailers this year, even the festival season might not be a mood-lifter.


Problem-solving top bosses can become redundant after crises: Experts

Posted: 24 Oct 2012 06:43 PM PDT

Extraordinary situations demand extraordinary leadership. But once the situation is diffused, the very remarkable traits in a leader can at times lead him to his redundancy .


More professionals in million- dollar pay club

Posted: 24 Oct 2012 06:38 PM PDT

The membership of the million dollar salary club in India went up only marginally this year even as more professional CEOs marked their presence on the elite group.


Toyota slashes production in China

Posted: 24 Oct 2012 06:36 AM PDT

Toyota has suspended part of its production at its biggest plant in China due to sluggish sales in the country after bilateral ties soured over the disputed islands in the East China Sea.


Facebook shares up as mobile ad sales surge

Posted: 24 Oct 2012 06:28 AM PDT

Facebook shares, priced at $38 in their initial public offering, closed at $19.50 on the Nasdaq on Tuesday.


Ford to meet UK unions amid plant closure reports

Posted: 24 Oct 2012 05:40 AM PDT

Ford Motor Co management will meet British unions on Thursday in Essex, east of London, amid media reports that it is planning to close its factory in Southampton, southern England.


China becomes world's largest FDI recipient

Posted: 24 Oct 2012 01:35 AM PDT

China has exceeded the US to become the world's largest recipient of foreign direct investment (FDI) in the first six months of 2012, a report released by the UN Conference on Trade and Development (UNCTAD) showed.


UBS set to begin 400 job cuts as early as Wed

Posted: 23 Oct 2012 11:40 PM PDT

UBS is set to begin cutting jobs at its investment banking arm as early as Wednesday, the Wall Street Journal reported.


KF to expedite payment of Oct salary

Posted: 23 Oct 2012 10:56 PM PDT

Kingfisher management said it would expedite payment of October salary ahead of Christmas and claimed that "most" of them had agreed to resume work from Friday.

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