Published on 16 Oct 2008 in: Company & Markets
Jet Airways announced the reinstatement of the workers who were saked on Wednsday.
Chairman Naresh Goyal said,
I cannot see tears in their eyes… It is not under political pressure and I have not met any body. It is my personal decision as father of the family
” There is no internal or external pressure… as a family we will decide how to fly and keep the airline offload “
Published on 16 Oct 2008 in: Company & Markets
Financial crisis is heating the aviation industry in india, yesterday Jet Airays laid off 1,900 staffs now, India’s largest careet Air India is in move to temporary layoff of 15,000 staff
Air India said it is considering a plan to give 3-5 years leave without pay to about 15,000 of its staff, but it would be voluntary action on the employees part.
Published on 15 Oct 2008 in: Economy & Policy
Capitalism is an economic system characterized by freedom of the market, system built upon the profit motive. An economic system based on the private ownership of the means of production and distribution of goods. Also promotes a free market regulated by supply and demand.
Published on 15 Oct 2008 in: Career & Education
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