Air India employees strike in Mumbai impacts flightsEmployees at Air India Air Transport Services Ltd., the national carrier’s subsidiary for ground services have called for the industrial action after the airline refused to reinstate some sacked contract workers.
India fastest-growing nation for green card visasThe increase in demand is seen even as the three-decade-old program continues to be hotly debated in the US Congress because of alleged irregularities, including those involving potential money laundering.
Allcargo in talks to buy controlling stake in GatiGati’s promoter Mahendra Agarwal owned a 24% stake in the company as of June 30. While it isn’t clear how much of that would be diluted, the planned deal could give an exit to overseas corporate shareholders such as Goldman Sachs, which owns about 7% in the company.
Allcargo moves to monetise land bankThe company is in talks with two global companies to sell up to 25% stake in this new venture, Allcargo Logistics and Industrial Park chairman Shashi Kiran Shetty said.