google.com, pub-6370463716499017, DIRECT, f08c47fec0942fa0 AlfaBloggers Best Bloggers Team Of Asia : Kingfisher promises May salary by 15 Nov 2012

Wednesday 14 November 2012

Kingfisher promises May salary by 15 Nov 2012




Kingfisher Airlines has assured its Employees that May salaries will be paid by Thursday, an airline staff member said.

This is even as a section of the airline’s employees said they would decide on their future course of action after Saturday, in case May salaries were not credited by then.

Some employees claimed that a technical glitch in a private sector bank was the reason behind the cash-strapped airline being unable to keep its promise of paying May salaries before Diwali.

Airline officials were unavailable for comments on when the over 4,000 employees of the airline would be paid their May salaries.

Keywords: Kingfisher Airlines employees, salary dues to employees, May salary to Kingfisher employees
















Diageo deal could pull India's Kingfisher back from the brink
Reuters
Proceeds from Diageo deal won't be enough to rescue Kingfisher. * Mallya may make piecemeal payments to Kingfisher creditors. * Kingfisher needs to raise or commit at least $1 billion by Nov 30. By Sumeet Chatterjee and Anurag Kotoky. MUMBAI/NEW ...
See all stories on this topic »
Kingfisher promises May salary by today
Hindu Business Line
Kingfisher Airlines has assured its employees that May salaries will be paid by Thursday, an airline staff member said. This is even as a section of the airline's employees said they would decide on their future course of action after Saturday, in case ...
See all stories on this topic »

Hindu Business Line
Kingfisher Stock Rating Reaffirmed by Sanford C. Bernstein (KGF)
Daily Political
Kingfisher (LON: KGF)'s stock had its “outperform” rating reiterated by investment analysts at Sanford C. Bernstein in a note issued to investors on Wednesday. They currently have a $5.63 (355 GBX) target price on the stock. Kingfisher opened at 283.60 ...
See all stories on this topic »
Kingfisher employees set Nov 17 deadline for clearing dues
Daily Bhaskar
New Delhi: According to the latest news from Kingfisher Airlines, the employees of the ailing airliner have set November 17 as the last date, after which they would take action against the management should their dues not be cleared by then. Kingfisher ...
See all stories on this topic »

KINGFISHER PLC : Head of Net Positive: Energy & Innovation
4-traders
We haven't found all the answers that will get us there, but we have identified four focus areas - timber, energy, innovation, communities - where we believe Kingfisher can have the most impact, and we have set ourselves some stretching ambitions and ...
See all stories on this topic »
Mallya and Macbeth
Livemint
The saddest part of Kingfisher Airlines' danse macabre that we have seen over the last one year is the squandering of a rich legacy. Whatever the financial merits of Vijay Mallya's decision to sell a majority stake in United Spirits Ltd, it marks a sad ...
See all stories on this topic »

Livemint
October inflation declines to 7.45%; slowest in 8 months
Chandigarh Tribune
Liquor baron Vijay Mallya's $2.1 billion deal to sell a stake in United Spirits Ltd could throw a lifeline to his grounded Kingfisher Airlines, although pulling the carrier back from the brink will not be easy. The flamboyant "King of Good Times" is ...
See all stories on this topic »

Chandigarh Tribune
Dark Diwali for Kingfisher staff
NitiCentral
Troubles seem far from over for employees of Kingfisher Airline. 3,000 employees of Vijay Mallya's near-bankrupt airline were not paid their Diwali salaries, which have been due since May 2012. Last month, the company's management had reached a ...
See all stories on this topic »

NitiCentral
Supermarkets lead on carbon cutting
CorpComms Magazine
According to this year's research, the top ten performers were Marks and Spencer, National Grid, Aviva, RSA, BSkyB, BT Group, Hammerson, Sainsbury's, Whitbread,Kingfisher and Pearson. The publishing sector and media and advertising sector were...
See all stories on this topic »


No comments:

Post a Comment

Note: only a member of this blog may post a comment.