You are here: Home >> English News & Features >> Top News

Lenders’ meet in sight, Jet pilots defer strike

DNMUM434948 | 4/15/2019 | Author : DNA Money Correspondent | WC :307 | Business & Economy

Mumbai: In an eleventh-hour development, the union pilots of Jet Airways deferred their call of a strike from Monday after the management of the crisis-ridden airline scheduled an emergency meeting with its lenders. The airline is seeking an immediate fund infusion of Rs 1,500 from its lenders for its operational requirements.
“It has come to our notice that there is a critical meeting planned tomorrow morning (Monday) with the airline management and SBI. In light of the meeting, the members have requested --through their team leaders -- that call of no pay, no work be deferred to give the airline a chance of survival,” said a statement by the National Aviator’s Guild (NAG).
Sources said that the decision to defer the
Read full story

Copyright restricted. Under license from   
Add To Lightbox
Calculate Price

More on Top News

India on Hafiz arrest: Seen this drama before
DNMUM439516 | 7/19/2019 12:00:00 AM | Author : Sidhant Sibal | WC :255

New Delhi: India dismissed Pakistan arresting 26/11 mastermind Hafiz Saeed, calling it a “drama which New Delhi has seen in the past”.Ministry of External Affairs spokesperson Raveesh Kumar on Thursday said, “We have seen the arrest reports. Th
Add To LightboxCalculate Price

Pakistan expanding its nuclear capacity: MoD
DNMUM439517 | 7/19/2019 12:00:00 AM | Author : Sumit Kumar Singh | WC :347

Despite a crippling economy and major internal security issues, Pakistan has been expanding and enhancing its nuclear capabilities, Indian security agencies have said.The Ministry of Defence in its annual report said, "Pakistan continue

Add To LightboxCalculate Price

‘Will Pakistanmend ways or squander opportunity?’
DNMUM439518 | 7/19/2019 12:00:00 AM | Author : DNA Correspondent | WC :404

Writing a blog after a long lull on Thursday, former union minister Arun Jaitley took on Pakistan for resorting to the subversion of well-accepted international and diplomatic norms in Kulbhushan Jadhav's case in the light of the judgment given by th
Add To LightboxCalculate Price

Pakistan lying due to its compulsions, says MEA
DNMUM439519 | 7/19/2019 12:00:00 AM | Author : Sidhant Sibal | WC :414

New Delhi: India on Thursday said that Pakistan has its own compulsions due to which it is lying the way it is over the case of Kulbhushan Jadhav who is languishing in a Lahore jail.“I think they have their own compulsions, as to why they have
Add To LightboxCalculate Price