Pilots strike keeps Air India grounded: AI says no fresh bookings
The country's national carrier—Air India has stopped accepting fresh bookings on domestic flights till further notice, after its operations were affected by pilot's strike.
 
Arvind Jadhav, chairman and managing director, Air India said, “All morning flights of Air India will remain cancelled till we come to some arrangement."
 
"A total of 180 Air India pilots have reported sick," he said.
 
Air India has cancelled nine international and 37 domestic services after 87 pilots reported sick, the airline said in a statement.
 
Talks between the management and the striking executive pilots Monday failed to break the deadlock over the issue of cut in perks. The striking pilots are protesting against the cut in the productivity linked incentives (PIL). They are likely to intensify their agitation.
 
Meanwhile, M Madhavan Nambiar, civil aviation secretary said, “Air India management has not taken any decision on the cut of PLI or any allowance for the unionised section of employees. Decision regarding the executive employees will be taken only after the committee set up to look into this matter examines all aspects in consultation with employees."
 
"Though the Government support is coming, it must be linked to a problem turnaround plan including cost cutting and revenue enhancement," Nambiar said in a statement.
 
Private airlines have been asked not to increase fare and tariff in view of the agitation by Air India’s pilots, Nambiar added.
 
Air India on 24th September approved the PLI cut that would affect over 7,000 employees. The cut applicable to all officers, including top management personnel in various management disciplines will range from 25% for those getting PLI of Rs10,000 or less per month and 50% for those receiving PLI or flying related allowances of Rs200,000 or more per month. The cut for those receiving PLI of Rs10,001 to Rs25,000, Rs25,001 to Rs50,000 and Rs50,001 to Rs200,000 will be 35%, 40% and 45%, respectively, the release said.
 
Earlier in September, Jet Airways, India's second largest carrier was forced to cancel about 206 flights including 32 on international routes, due to pilot's strike.
-Yogesh Sapkale with Amritha Pillay [email protected]
 

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COMMENTS

nipu kumari

7 years ago

hi i am looking for the jobs in air lines

RBI allows PoS cash withdrawal
Customer convenience in the use of plastic money is imperative and in a move to enhance this, the Reserve Bank of India (RBI) has now allowed cash withdrawal from point of sale (PoS) terminals across the country.
 
According to a circular issued by the apex bank, all customers using debit cards issued in India can withdraw up to Rs1,000 per day from PoS terminals.“The facility is available irrespective of whether the card holder makes a purchase or not. Also, In case the facility is being availed along with the purchase of merchandise, the receipt generated shall separately indicate the amount of cash withdrawn,” the RBI said.
 
However, there is no mention of service cess or any other charges for the cash withdrawals at PoS.
 
PoS terminals are available at merchant establishments and withdrawals can be made when a designated bank assigns the establishment after a due diligence process. This will ease the process of withdrawing cash when an ATM facility is not available in the vicinity for debit card holders.
 
In India there were 44,857 ATMs and 470,237 PoS terminals at the end of May, the apex bank said.
 
However, banks can start the facility only after receiving an approval from their respective boards. Banks offering this facility will also have to put in place a proper customer redressal mechanism and complaints in this regard will fall within the ambit of the Banking Ombudsman Scheme.
 
According to the circular, after receiving approvals from their respective boards, banks offering this facility need to obtain one-time permission from the Department of Banking Operations and Development at RBI.
 

 

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Cadila Healthcare launches generic drug for treatment of Parkinson’s

Drug firm Cadila Healthcare Ltd said it launched a generic Pramipexole tablets, used for treating Parkinson's disease in the US market.

The company's subsidiary Zydus Cadila launched Pramipexole tablets in the strengths of 0.125mg, 0.25mg, 0.5mg, 1mg and 1.5mg, Cadila Healthcare said in a filing to Bombay Stock Exchange (BSE).

According to healthcare information solutions company, NDC Health, the sale of Pramipexole tablets in 2010 is estimated to be $632 million.

Pramipexole's patent, which has expired, was held by German drug maker Boehringer Ingelheim. Parkinson's disease is a progressive disorder marked by muscle rigidity, weakness, shaking, tremor, and eventually difficulty in walking and talking.

On Thursday, Cadila Healthcare shares ended 0.8% up at Rs694 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.9% down to 20,497 points.
 

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RAJESH JINDAL

6 years ago

we know from our souces that you are launching your generic div. so we are interested to handle all rajasthan as c&f or distributor

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