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DIWALI SALARY DISBURSEMENT
DA Hike: When will Modi govt give the good news? Here’s what we knowCentral Government employees and pensioners anticipate a 3% DA/DR hike to 58%, expected in October 2025, effective from July 1. This revisi...
Third eye: Double dhamaka for Himachal employees, Chhath puja & Bihar bypolls, Breaking patternsDespite facing a financial crunch, the Himachal Pradesh government surprised its employees by disbursing two months' salaries in October. T...
SpiceJet announces steep salary hike for pilots ahead of Diwali"Captains' salaries revised to INR 7 lakh-a-month for 80 hours of flying. SpiceJet has been revising pilot salaries on a monthly basis; sal...
Maharashtra government announces Rs 1,000 crore package for cash-strapped MSRTCAnil Parab, who is the chairman of MSRTC, said this financial package will help the transport body get back track and will meet expenses su...
Companies restore salaries, start giving Diwali bonuses to employeesIndustries which have been badly bruised by the pandemic — like hotels, travel and some infrastructure companies — are yet to roll back sal...
It will not be a record Diwali that will change sentiment: Amitabh Chaudhry, Axis BankGovt has quickly taken a lot of actions, but it will take a couple of quarters to trickle down.
Loans: Festive season offers and should you take themDuring festival season, banks come out with various special loan offers. These loan offers are usually in the form of a waiver of processin...
NBFC liquidity curtailed...RBI can restore confidence: Rashesh Shah"We need to have unfreezing of the market, which could be a refinancing window from the RBI."
Modi government's Diwali gift! Indian soldiers likely to get 10% arrears before October 30This would mean, roughly, every soldier getting one month's salary as a sort of a bonus. Efforts are on to ensure that soldiers get this be...
How alternative lending startups are rewriting traditional lending habits in IndiaA dozen of alternative lending startups have begun to scratch opportunity in small-ticket financing with diverse business models and financ...
Bajaj Finance earnings estimates may see further cuts due to note banWhile the impact of demonetisation on its consumer portfolio is likely to be transient, on segments like loan against property and business...
Brick and mortar, online resurgent as retail demand surges to its best in 3 yearsThe fast-moving consumer goods (FMCG) sector expects a boost at the tail end of the December quarter, said B Sumant, president, FMCG busine...
Expect banks to transmit the rates cut: Shaktikanta Das, DEA Secy"This is the second reduction done by the RBI in 2016, so I would expect banks to transmit rates as it will spur growth."
Bajaj Finance targets 40 per cent increase in customer acquisitions during Diwali through online personal loansIn a bid to cash in on a possible rise in consumer demand over Diwali, Bajaj Finance has launched a promotional offer on online personal lo...
Air India employees to get September, October salaries before DiwaliThe salaries of Air India employees for September and October this year would be disbursed before Diwali (November 13) and productivity-lin...
- Most Kingfisher employees may take management offer, but some still holding out
Most KFA employees may accept management's proposal to pay 3 months' dues before Diwali & the rest post the airline's re-capitalisation.
- AI to pay allowances to employees before Diwali
Air India on Friday withdrew its move to defer by a fortnight payment of incentives and allowances to over 29,000 employees.
- Cash strapped AI defers payment of incentives,flying allowance
National carrier Air India has deferred by a fortnight payment of productivity-link incentives (PLI) and flying allowance to over 29,000 em...
- TN NTC Mills workmen go on strike
Nearly 5000 workers in the 7 mills of National Textile Corporation went on to strike from Tuesday following the failure of talks between th...
- Diwali Bonus season peaceful in TN with no major fireworks or strikes
Tamil Nadu workers and executives get good bonus, while the state government sets trend with liberal payment.