12 Nov 2008
NEW DELHI: At a time when the government is facing an economic downslide with lower or negative tax collection, it is facing serious unrest in the ranks of departments assigned the job of mopping up resources with thousands of customs, central excise and income tax officials being up in arms against anomalies in their pay scales and bleak promotional avenues. (more…)
12 Nov 2008
NEW DELHI: The resident doctors at three of Max Healthcare hospitals two in Saket and one in Patparganj went on strike on Tuesday demanding a hike in salary. The issue caught fire after the Max management allegedly refused to hike the salaries of resident doctors and asked for more time. The resident doctors in private hospitals are unhappy as their counterparts in government hospitals are getting nearly 30-40% more than them after the sixth Pay Commission. Joining the Max protest were doctors from Batra hospital, who wore black badges as a mark of protest and have given the management two days time to decide. (more…)
The order book is strong but a weak credit and operating environment may cause delays
On the face of it, engineering behemoth Bhel has a strong order book; at the end of the September 2008 quarter it stood at just over Rs 1 lakh crore, having grown by 43 per cent y-o-y. That’s more than five times last year’s sales. But the question is whether these orders will translate into revenues. Given that the shortage of liquidity worldwide will hurt companies’ ability to fund projects, some of these orders may remain on the book. (more…)
Published on Wed, Nov 12, 2008 at 16:40 , Updated at Wed, Nov 12, 2008 at 18:26
Source : Moneycontrol.com
The sprawling Bangalore Palace Ground will reverberate to the tune of ‘Bangalore International Automotive Expo 2009’ (BIAE 09), the largest international auto event in South India to showcase the best of Indian as well as international automobile industry, from January 9 to 11, 2009. (more…)