Pilots grievances will be heard: Ajit Singh
SME Times News Bureau | 16 May, 2012
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| Civil Aviation Minister Ajit Singh Tuesday assured the striking pilots that all their grievances will be addressed and asked them to resume duties saying they have a responsibility toward the passengers and the country.
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High court reserves order on Air India pilots
SME Times News Bureau | 16 May, 2012
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| The Delhi High Court reserved till Thursday its verdict on a plea by Indian Pilots Guild (IPG), an association of Air India pilots, challenging the single-judge order that restrained the pilots of the national carrier from going on an "illegal strike".. |
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Moody's downgrades LIC, outlook stable
SME Times News Bureau | 15 May, 2012
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| Credit ratings agency Moody's Investors Service Monday downgraded the state-run Life Insurance Corporation of India (LIC) to the lowest investment grade, in line with the sovereign ratings, due to the firm's high exposure to government debt.. |
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Ashok Leyland net in 2011-12 down by 10 pc
SME Times News Bureau | 15 May, 2012
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| Hit by higher finance cost, increased depreciation and a muted market in its southern strongholds, Hinduja group's flagship company Ashok Leyland posted around 10 percent reduction in net profits last fiscal though overall sales went up by 15 percent, said a top company official.. |
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Cellular operators 'shocked' at TRAI's recommendations
SME Times News Bureau | 15 May, 2012
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| The Cellular Operators Association of India (COAI) Monday said it was "shocked" and "aghast" at the regulator's move to largely stick on to its proposals on spectrum auction while referring back to the department of telecom (DoT).. |
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Court reserves order on Facebook India's plea
SME Times News Bureau | 15 May, 2012
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| A Delhi court Monday reserved its order on the plea of Facebook India seeking removal of its name from the civil suit against various social networking sites for allegedly displaying objectionable content.. |
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