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The Secretary of the Ministry of Civil Aviation, <keyword id="347003" type="General" weightage="50" keywordseo="rajiv-bansal" source="Orion">Rajiv Bansal</keyword> on Tuesday said that the construction of the Noida International Airport and <keyword id="14165966" type="General" weightage="100" keywordseo="navi-mumbai-airports" source="Orion">Navi Mumbai Airports</keyword> is on track and the two are likely to be inaugurated by next year. Speaking at CAPA <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword> Aviation Summit, <keyword id="6442005" type="General" weightage="80" keywordseo="bansal" source="Orion">Bansal</keyword> said that they are looking at a 500 million capacity at six metro airports taken together. "The six major metro airports in India that include Delhi, <keyword id="6358070" type="General" weightage="50" keywordseo="mumbai" source="Orion">Mumbai</keyword>, Bengaluru, Chennai, and Hyderabad together currently have a passenger handling capacity of 320 million," Bansal said. The civil aviation secretary also said that Delhi's terminal one (T1) expansion work will be completed by August- September this year. "We hope that terminal 1 will get expanded and the three terminals at Delhi airport collectively will have a capacity of handling of 100 million passengers per year," Bansal said. The fourth runway will get operational by August by which the air traffic movements correspondingly would increase, he said. He said that Air India's privatisation provides a level-playing field for other carriers and there is excellent scope for international connectivity growth, given India has a large diaspora of 30 million. "India is allowing Foreign Aircrew Temporary Authorization (FATA) pilots for 777s because there is demand but no skilled competency available," he said. In view of the huge demand for international and domestic travel, the challenge will be building world-class infrastructure, he added. He also said that there is a need for 19-seater aircraft exists in India now to connect tier 3 and 4 cities. He appreciated the UDAN scheme and called it unparalleled. He also said that Air India Engineering Services Ltd's (AIESL) investment plans are in the advanced stages. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/health/news/long-covid-infection-linked-with-risk-of-developing-face-blindness-says-study/articleshow/98858060.cms">Long Covid infection linked with risk of developing 'face blindness' says study</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/hyundai-drives-in-new-verna-starting-at-10-89-lakh-hots-up-competition-in-mid-size-sedan-segment/articleshow/98858654.cms">Hyundai drives in new Verna starting at ₹10.89 lakh; hots up competition in mid-size sedan segment</a>

Noida, Navi Mumbai Airports to get operational by next year

(Eds: Adds details) New Delhi, Feb 13 () After successfully heading Air India for three months in 2017, senior bureaucrat Rajiv Bansal was on Thursday appointed for the second time as the chairman and managing director of the debt-ridden national carrier, according to a Personnel Ministry order. Bansal, a 1988-batch IAS officer of Nagaland cadre, is at present additional secretary in the Ministry of Petroleum and Natural Gas.The Appointments Committee of the Cabinet has approved his appointment as the CMD of Air India in the rank and pay of additional secretary, the order stated, without mentioning further details.He replaces Ashwani Lohani, who completed his one-year extended tenure on Thursday. Bansal was in August 2017 named as Air India's interim CMD for three months. He had then replaced Lohani, who was appointed chairman of the Railway Board after completion of his two-year stint. During Bansal's three-month tenure, Air India launched services to Copenhagen, among others. He also initiated various steps to reduce costs and improve on-time performance of flights.Lohani, a 1980 batch officer of the Indian Railway Service of Mechanical Engineers, was in February last year appointed Air India's CMD for the second time for a one-year tenure. He had retired as the Railway Board chairman in December 2018. The appointment assumes significance as it comes days after the government decided to sell its stake in Air India, which has a debt pile of over Rs 60,000 crore.As part of the ambitious strategic disinvestment, the government had on January 27 issued the preliminary bid document for 100 per cent stake in the debt-laden airline. AKV IAS KJ

'Homecoming' for Rajiv Bansal as Air India CMD

<ul><li>The race to reach the top positions of <keyword id="2573" type="CITY" weightage="20" keywordseo="Air-India">Air India</keyword> has picked up steam as 10 senior executives are scheduled to retire in the next six months. </li><li>Accordingly, <keyword id="9522232" type="COMPANY" weightage="20" keywordseo="air-india-cmd-rajiv-bansal">Air India CMD Rajiv Bansal</keyword> has sounded out these 10 officials to chart out their respective succession plans, thereby ruling out any possibility of an extension.</li><li>Unfortunately, this has triggered internal bickering and even routine intra-department transfers are now viewed with suspicion, </li></ul> The race to reach the top positions of Air India has picked up steam as 10 senior executives are scheduled to retire in the next six months. Accordingly, Air India CMD Rajiv Bansal has sounded out these 10 officials to chart out their respective succession plans, thereby ruling out any possibility of an extension. In effect, the move is viewed in line with the flag carrier's efforts to streamline the company's top-heavy management structure.Consequently, sources in the airline told IANS that a squabble for these positions has already started as internal bickering among senior officials has risen. Till recently, post-retirement job extensions were given to the airline's executives as even some retirees were also re-hired. However, this practice has been stopped, a senior AI official told IANS on condition of anonymity. Besides, the official cited a letter dated June 24, in which Bansal named all 10 executives who are to retire in the coming months and asked them to put in place their respective succession plans. These executives include Arvind Kathpalia, ED (Special Projects), Arun Kumar Bansal, ED (Engineering), Rajeev Bajpai, ED (Training), and Ajay Thakur, GM (Administration), Headquarters. "All concerned are requested to put in place a succession plan, indentify the successor and put him or her in position to take over the charge from the current incumbents on the day of their superannuation so that there is no disruption of work," Bansal said in the letter. Furthermore, he scuttled their chances of any future company engagement, by writing: "No request for engagement on post retirement basis should be initiated in this regard." Unfortunately, this has triggered internal bickering and even routine intra-department transfers are now viewed with suspicion, the official said. A case in point being that of recent transfers in the North India operations department. "Everyone wants to be in the race. It should be based on merit and not a slugfest," he said. The move for a succession plan is being viewed as a major step towards lowering the airline's employee strength and making the company attractive for prospective buyers. At present, the Centre has re-initiated the airline's divestment plan with new norms. Interestingly, this time, it has sweetened the deal by substantially reducing the debt on the airline's account books and offered a 100 per cent stake in the loss-making airline. The last date for bid submission to acquire Air India has also been extended to August 31. In January, the Centre had invited expression of interest (EoI) from prospective buyers for Air India and two of its subsidiaries. Along with Air India and its low-cost subsidiary Air India Express, the flag carrier's 50 per cent stake in ground-handling arm AISATS has also been put on the block. SEE ALSO: <a href="https://www.businessinsider.in/international/news/india-just-surpassed-russia-to-become-the-country-with-the-3rd-highest-number-of-coronavirus-infections/articleshow/76804658.cms">India just surpassed Russia to become the country with the 3rd-highest number of coronavirus infections</a> <a href="https://www.businessinsider.in/tech/news/india-vice-president-launches-a-social-media-super-app-elyments-which-will-take-on-facebook-instagram-and-whatsapp/articleshow/76796178.cms">India’s Vice President launches a social media super app Elyments, which will take on Facebook, Instagram and WhatsApp</a> <a href="https://www.businessinsider.in/tech/news/intel-will-speed-up-mukesh-ambanis-5g-run-power-him-with-ai-and-possibly-a-jio-laptop/articleshow/76780290.cms">Intel will speed up Mukesh Ambani’s 5G run, power him with AI and possibly a Jio laptop⁠— all in return for massive amount of data</a>

Top Air India officials to retire, squabble for posts begins

New Delhi, Feb 13 () Senior bureaucrat Rajiv Bansal was on Thursday appointed as the chairman and managing director (CMD) of Air India, according to a Personnel Ministry order. Bansal, a 1988-batch IAS officer of Nagaland cadre, is at present additional secretary in the ministry of petroleum and natural gas. The Appointments Committee of the Cabinet has approved his appointment as chairman &amp; managing director, Air India in the rank and pay of additional secretary, the order said, without mentioning further details. The post became vacant after incumbent Ashwani Lohani completed his tenure. AKV AKV SMNSMN

Rajiv Bansal appointed Air India chief

New Delhi, Senior IAS officer <keyword id="347003" type="PERSON" weightage="20" keywordseo="Rajiv-Bansal">Rajiv Bansal</keyword> was on Thursday named the Chairman and Managing Director of national carrier <keyword id="2573" type="COMPANY" weightage="20" keywordseo="Air-India">Air India</keyword>. The Appointments Committee of the Cabinet approved Bansal's appointment as CMD of Air India in the rank and pay of an Additional Secretary. At present, Bansal, a 1988 batch officer of the Nagaland cadre, held the post of Additional Secretary, <keyword id="171926" type="COMPANY" weightage="20" keywordseo="Ministry-of-Petroleum">Ministry of Petroleum</keyword> and Natural Gas. He succeeds Ashwani Lohani. In August 2017, he was given the additional charge as Air India's CMD. Additionally, he has had an earlier stint with the <keyword id="149609" type="COMPANY" weightage="20" keywordseo="Ministry-of-Civil-Aviation">Ministry of Civil Aviation</keyword> (MoCA) between 2006 and 2008.

Air India names Rajiv Bansal as the CEO and MD

<ul><li>The letter dated July 6 from Indian Commercial Pilots’ Association( ICPA) and <keyword id="964626" type="PERSON" weightage="20" keywordseo="Indian-Pilots-Guild">Indian Pilots’ Guild</keyword> (IPG) suggested steps that Air India should take in the times of coronavirus.</li><li>The letter said the 10% pay cut across the board treats “unequal people equally.” </li><li>The pilot body also suggested that it is time for the national carrier to look at its employment policies and cut back on the excessive employee strength in the backend departments. </li></ul><keyword id="9003469" type="UNKNOWN" weightage="20" keywordseo="Air-India-pilot-Association">Air India pilot association</keyword> tells chairman Rajiv Bansal that the national carrier should take cues from private airlines in cost-cutting measures during the coronavirus pandemic. The letter from the Indian Commercial Pilots’ Association( ICPA) and Indian Pilots’ Guild (IPG) listed various steps that Air India should take at this time when the aviation sector and the company itself is a facing major cash crunch due to the economic slowdown. <div type="Article" hostid="261" msid="76806028" title="Top Air India officials to retire, squabble for posts begins" mstype="2" mssubtype="0"></div> “Air India should also be guided by how other players in the aviation sector are battling the adversities of the coronavirus pandemic. We understand that a leading private carrier has an employee strength of 250 in finance and 130 in HR, handling a fleet of 255 aircrafts. This may be contrasted with Air India, which has more than 1600 employees in HR and Finance for a mere 125 aircrafts,” said the letter. <div type="twitter" handle="shukla_tarun" handlename="Tarun Shukla" image="http://pbs.twimg.com/profile_images/1274006662542528512/NZLGI9vJ_normal.jpg" favoritecount="43" retweetcount="6" status="Air India pilot association tells chairman Rajiv Bansal, AI should follow pvt airlines in cost-cutting. There are… https://t.co/IBkPoos0Cs" createdat="1594022270000" id="1280048296191393792"></div> Salary cuts should be steeper with rising pay grades It further added that the 10% pay cut across the board treats “unequal people equally.” The class IV employees are the ones that are severely impacted by the pay cut than the ones at the top of the ladder, the letter explained. “While prima facie appearing to be fair, this scheme distributes the financial burden across the various categories of employees in an extremely discriminatory manner amounting to treating unequal people equally,” said the pilots in the letter. It also suggested that Class IV workers should be kept away from the allowance cut. The pilot body also recommended that it is time for the national carrier to look at its employment policies and cut back on the excessive employee strength in the backend departments. “Since Air India is in financial distress on account of the pandemic, the employee strength should be brought at par with other market players through common-sense measures like compulsory leave without pay till such time normal operations resume,” it said. “This is nowhere in line with market standards, and since operations have been scaled back, their workload has reduced drastically. It is prudent for Air India and the MoCA to take cognisance of this excess manpower and trim costs as our aircraft stand under-utilised,” it added. “If any meaningful cost-saving has to be effected, the financial burden must be fairly distributed between all employees based on their job functions and emoluments,” the letter said. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/markets/news/these-are-the-top-10-stock-to-buy-in-july-according-to-axis-securities/slidelist/76808620.cms" data-type="tilCustomLink">These are the top 10 stock to buy in July, according to Axis Securities</a> <a href="https://www.businessinsider.in/business/news/a-bankers-checklist-for-msmes-who-want-a-loan/articleshow/76809382.cms" data-type="tilCustomLink">A banker's checklist for MSMEs who want a loan</a> <a href="https://www.businessinsider.in/india/news/icmr-clarifies-that-august-15-was-not-a-deadline-for-covid-19-vaccine-after-experts-called-out-how-impossible-it-was/articleshow/76806783.cms" data-type="tilCustomLink">ICMR ‘clarifies’ that August 15 was not a deadline for COVID-19 vaccine after experts called out how impossible it was</a>

Air India pilots are angry over pay cuts⁠— want salaries to be reduced in a graded manner

<ul><li><keyword id="2573" type="CITY" weightage="20" keywordseo="Air-India">Air India</keyword> has approved a leave without pay (<keyword id="9580222" type="COMPANY" weightage="20" keywordseo="lwp">LWP</keyword>) scheme for employees. The LWP will start at six months and can be extendable up to five years. </li><li>The scheme authorises chairman Rajiv Bansal to issue a leave without pay letter to employees on behalf and in the name of the company. </li><li>The letter said regional directors will constitute a committee that would recommend a list of employees for compulsory LWP by August 15 after “obtaining necessary approval of CMD.” </li></ul>Debt-ridden airline Air India has approved a leave without pay (LWP) scheme for employees ranging from six months or two years and extendable up to five years. According to the circular dated July 14, the scheme authorises chairman Rajiv Bansal to issue a leave without pay letter to employees on behalf and in the name of the company. The decision will be based on employee suitability, efficiency, competence and health. “Accordingly, departmental heads at headquarters and regional directors of the region are required to assess each individual on the above mentioned factors and identify the cases where option of compulsory LWP can be exercised. Names (to be approved by) CMD,” the letter reads. Earlier in March, Air India <a href="https://www.deccanherald.com/business/coronavirus-air-india-to-cut-salaries-of-employees-for-3-months-815859.html">announced a 10% pay cut</a> for all its employees. The letter said regional directors will constitute a committee comprised of General Manager (Personnel), General Manager (Finance) and concerned Departmental Head and would recommend a list of employees for compulsory LWP by August 15 after “obtaining necessary approval of CMD.” However, the employees who do opt for the scheme will not be allowed to take up jobs anywhere else. “Employees taking up employment after availing LWP under the scheme or at a later date, in other airlines and allied services or in any organisation with which the company has dealing, should seek prior permission from the company, before taking up employment in such an organisation. The services of an employee will be terminated in accordance with service regulations/standing orders/ applicable rules if the employee concerned fails to make such prior declaration/ seek permission,” according to the order. Even during the LWP. benefits like medical/passage benefits will continue to be made available for employees. This came after the Air India pilot association told chairman Rajiv Bansal in a letter earlier that the national carrier should take cues from private airlines in cost-cutting measures during the coronavirus pandemic. The Indian Commercial Pilots’ Association( ICPA) and Indian Pilots’ Guild (IPG) listed various steps that Air India should take at this time when the aviation sector and the company itself is facing a major cash crunch due to the economic slowdown. “Air India should also be guided by how other players in the aviation sector are battling the adversities of the coronavirus pandemic. We understand that a leading private carrier has an employee strength of 250 in finance and 130 in HR, handling a fleet of 255 aircrafts. This may be contrasted with Air India, which has more than 1600 employees in HR and Finance for a mere 125 aircrafts,” <a href="https://www.businessinsider.in/india/news/air-india-pilots-are-angry-over-pay-cuts-want-salaries-to-be-reduced-in-a-graded-manner/articleshow/76813410.cms#:~:text=a%20graded%20manner-,Air%20India%20pilots%20are%20angry%20over%20pay%20cuts%E2%81%A0%E2%80%94%20want,reduced%20in%20a%20graded%20manner&amp;text=The%20letter%20said%20the%2010,treats%20%E2%80%9Cunequal%20people%20equally.%E2%80%9D">the letter from ICPA and IPG said.</a> Air India has over 13,000 employees with a monthly<a href="https://timesofindia.indiatimes.com/business/india-business/air-india-to-send-some-staffers-for-compulsory-leave-without-pay-up-to-5-years/articleshow/76977324.cms"> wage bill </a>of around ₹230 crore. The carrier has also been delaying payments to pilots and its crew members, due to serious financial difficulties brought by the coronavirus induced travel ban. SEE ALSO: <a href="https://www.businessinsider.in/business/corporates/news/heres-how-indigo-and-spicejet-are-dealing-with-the-crisis-differently/articleshow/76937325.cms" data-type="tilCustomLink">Here’s how IndiGo and SpiceJet are dealing with the crisis differently</a> <a href="https://www.businessinsider.in/india/news/air-india-pilots-are-angry-over-pay-cuts-want-salaries-to-be-reduced-in-a-graded-manner/articleshow/76813410.cms" data-type="tilCustomLink">Air India pilots are angry over pay cuts⁠— want salaries to be reduced in a graded manner</a>

Air India is sending employees on a 5-year leave without pay to cut down costs

Alleging blatant discrimination by <keyword id="2573" type="COMPANY" weightage="20" keywordseo="Air-India">Air India</keyword>'s Personnel and Finance Departments, the pilots have told the national carrier's management that if such behaviour continues unchecked, the Director, Personnel will be responsible for the consequences. In a letter to Air India Chairman and Managing Director Rajiv Bansal, the pilots' associations, the Indian Commercial Pilots Association and the Indian Pilots Guild, have alleged that the management is discriminating against the pilots. "We request you to kindly direct the concerned departments to clear backlogged files as well as outstanding dues for all pilots. We have cooperated unconditionally above and beyond the call of duty to ensure smooth flight operations. This blatant discrimination, among other grievances, has severely hampered our morale and faith in these departments. If such behaviour continues unchecked, the Director, Personnel will be responsible for the consequences to follow," the pilots said. "We would like to bring to your notice the lackadaisical attitude of the Personnel and Finance Departments in ensuring <keyword id="136144" type="PERSON" weightage="20" keywordseo="Timely-action">timely action</keyword> and payment when it comes to pilots," the letter said. "When it comes to doling out promotions en masse for themselves or other support departments, not even a pandemic or national lockdown can dent their enthusiasm. When even retrospective deductions are made on our wages with immediate effect by way of prompt circulars, why do the same people drag their feet when it comes to clearing our rightful dues or honouring our service conditions?" the pilots asked. Citing examples of this "lackadaisical attitude", the pilots said that the Special Pay increment, as per the bilateral wage agreement between the management and the ICPA of January 1, 2016, mentions a yearly increment as per years of service in the grade. "No increment has been made in special pay since 2019. This routine exercise is never given priority, as pilots are the prime beneficiaries. Further, despite clear directions from the Hon. <keyword id="6354977" type="COMPANY" weightage="20" keywordseo="Supreme-Court">Supreme Court</keyword>, the 2016 wage has been illegally and unilaterally imposed upon pilots of the IPG who already have a separate bilateral wage agreement. The TMU (Temporary Medically Unfit) Insurance compensation for pilots is never paid on time. Pilots are made to run after their files from one department to the next till there are no more excuses to delay processing. At times, the delay is in years," they said. The pilots alleged that the Captain or Commander Grade revision is never carried out on time, despite being a routine annual exercise. Then, <keyword id="9693120" type="COMPANY" weightage="20" keywordseo="the-personnel-department">the Personnel Department</keyword>'s draft Establishment orders are replete with mistakes/omissions which has to be corrected through repeated representations, they said. After all this unnecessary delay, when the order is eventually released, the financial benefits accrue from the date of the Establishment order and not from the actual date of promotion, they said. "Why is the cost of the inefficiency of the Personnel Department being paid by pilots?" they asked. The PMU (Permanently Medical Unfit) compensation to any affected pilot is again never paid on time. As mentioned above, the affected pilot is made to run from pillar to post for his/her rightful compensation. "Please note that these pilots have lost their source of livelihood as they are permanently grounded. They are being let down by the company when they need it the most," the pilots said. They also said that the retirement benefits of recent retirees are yet to be cleared. The treatment meted out to these loyal long-serving employees of Air India is unethical, as per the pilots. SEE ALSO: <a href="https://www.businessinsider.in/finance/banks/news/one-time-loan-restructuring-dilemma-rbi-wont-commit-and-india-inc-wont-stop-asking-for-it/articleshow/77328145.cms" data-type="tilCustomLink">One-time loan restructuring dilemma - RBI won’t commit, and India Inc won’t stop asking for it</a> <a href="https://www.businessinsider.in/thelife/news/the-10-richest-people-in-the-middle-east-ranked/slidelist/77304823.cms" data-type="tilCustomLink">The 10 richest people in the Middle East, ranked</a>

Air India pilots allege blatant discrimination by management

<ul><li><keyword id="2573" type="CITY" weightage="20" keywordseo="Air-India">Air India</keyword> pilot association tells the company that any unilateral change by Air India from agreed-upon wage settlement would be illegal and will not be in the interest of the national carrier.</li><li>The association said Air India in a press conference stated that its negotiation with the pilots— which it thinks is “far from reality.”</li><li>ICPA said it supports temporary austerity measures at all fronts, but claimed that under Section 9A of the ID Act, 1947, Air India is bound to serve a ‘notice of change’ to the unions.</li><li>This came after Air India approved <keyword id="7490126" type="UNKNOWN" weightage="20" keywordseo="leave-without-pay">leave without pay</keyword> (LWP) scheme for employees ranging from six months or two years and extendable up to five years.</li></ul>Air India pilot association in a letter tells chairman Rajiv Bansal that any unilateral change by Air India from agreed-upon wage settlement would be illegal and will not be in the interest of the national carrier at this crucial juncture. In a letter to Bansal, <keyword id="9608513" type="COMPANY" weightage="20" keywordseo="the-indian-commercial-pilot-association">the Indian Commercial Pilot Association</keyword> (ICPA) warned that “Such a situation has the potential to flair to an unprecedented magnitude.” <div type="twitter" handle="ANI" handlename="ANI" image="http://pbs.twimg.com/profile_images/1497864299/ani_mic_logo_normal.jpg" favoritecount="204" retweetcount="22" status="Indian Commercial Pilots' Assoc. writes to Air India CMD stating that &quot;any unilateral change by AI from agreed-upon… https://t.co/BHqmESqxhE" createdat="1595232478000" id="1285124277625171969"></div> The association said that in the press conference by Civil Aviation Minister <keyword id="151350" type="PERSON" weightage="20" keywordseo="Hardeep-Singh-Puri">Hardeep Singh Puri</keyword> on July 16, Air India stated that its negotiation with the pilots— which it thinks is “far from reality.” “It was not a negotiation, but the diktat of MoCA (Ministry of Civil Aviation) which was conveyed to us. We would also like to place on record that the so-called negotiation was ‘not harmonious’ in any aspect,” ICPA said. The letter further added that the “Flying allowance and flying related allowances constitute 70% of our wages. These allowances remain unpaid since April 2020. Furthermore, all the wages are being paid with constant delays,” ICPA said. ICPA said it supports temporary austerity measures at all fronts, but claimed that under Section 9A of the <keyword id="6804776" type="UNKNOWN" weightage="20" keywordseo="Industrial-Disputes-Act-1947">Industrial Disputes Act, 1947</keyword>, Air India is bound to serve a ‘notice of change’ to the unions. As per the Bombay High Court case held in January, “notice under Section 9A of the ID Act should be given by <keyword id="1575356" type="COMPANY" weightage="20" keywordseo="Air-India-Limited">Air India Limited</keyword> to the petitioner unions of the change in conditions of service in the prescribed format,” the union quoted in the letter. The order of the Bombay HC was challenged before the apex court. The Supreme Court has not issued a stay in favour of Air India Limited. Essentially, this means Air India is bound to follow Section 9A of the ID Act, ICPA said. This came after Air India approved leave without pay (LWP) scheme for employees ranging from six months or two years and extendable up to five years. The circular dated July 14 said the scheme authorises chairman Rajiv Bansal to issue a leave without pay letter to employees on behalf and in the name of the company. The decision will be based on employee suitability, efficiency, competence and health. SEE ALSO: <a href="https://www.businessinsider.in/careers/news/from-intel-and-wipro-to-tcs-and-google-here-are-the-top-job-openings-in-the-multinational-companies/articleshow/77058769.cms" data-type="tilCustomLink">From Intel and Wipro to TCS and Google— Here are the top job openings in the multinational companies</a> <a href="https://www.businessinsider.in/india/news/indigo-follows-vistara-to-allow-a-single-passenger-to-book-two-seats-for-safety-during-coronavirus/articleshow/77013041.cms" data-type="tilCustomLink">IndiGo follows Vistara to allow a single passenger to book two seats for safety during coronavirus</a>

Air India pilots are up in arms after the national airline ‘unilaterally’ declared ‘leave without pay’

Mumbai, Apr 9 () Air India chief Rajiv Bansal on Thursday said that the "crippling effect" of the novel coronavirus has further plummeted the airline's finances to a "precarious" position but despite that, it has managed to keep afloat.Bansal, in a message on Thursday, also assured the employees of providing all the "essential armoury" in carrying out evacuation and chartered flights amid the pandemic."Air India has been passing through a critical financial condition much before the Covid19 onslaught. The crippling effect of the pandemic, especially in the aviation sector, has further plummeted our finances to a precarious position. In spite of this, your airline has left no stone unturned to continue to remain afloat," Bansal said in a message to Air India employees on Thursday.Reminding the employees that the organisation is always with them during these trying times, he said, their safety and health are as important to the company as of its passengers."We are leaving no stone unturned to ensure you get all the essential armoury to fight this war. Our dedicated medical services team members are available round the clock for any consultation, advice or emergency. We are doing everything possible to minimise risk factors," Bansal said.Besides taking all the precautionary measures and providing PPE to ensure your safety, Air India was amongst the very few airlines in the world, who are providing hazmat suits and other protective equipment for its crew to equip them to face any COVID-related safety concern onboard, he said.It was the first carrier to evacuate stranded Indian nationals from Coronvirus-hit Wuhan in China in January.It is due to these precautionary measures that so far, only one of the airline's crew members amongst so many, who have been flying our charter flights all over the world, has tested COVID positive, he added."I am relieved to inform you that she has also been discharged after full recovery under the watchful eyes of our medical department," Bansal said.In recent weeks, Air India has operated flights to Israel, Germany and London, using its wide-body Boeing 777s and B787s. These services were mainly to carry foreign nationals stranded in the country due to the lockdown, which began on March 25.Stating that all of us in Air India, no doubt, are in this war together, Bansal said, "Adversity brings the best out of us and is a litmus test of our courage and strength of character. This is also the time to show how much we care for one another." IAS MRMR

Air India finances plummet due to coronavirus impact, says chief

New Delhi, Jul 15 () Air India has started the process of identifying employees, based on various factors like efficiency, health and redundancy, who will be sent on compulsory leave without pay (LWP) for up to five years, according to an official order. The airline's board of directors have authorised its Chairman and Managing Director Rajiv Bansal to send employees on LWP "for six months or for a period of two years extendable upto five years, depending upon the following factors - suitability, efficiency, competence, quality of performance, health of the employee, instance of non-availability of the employee for duty in the past as a result of ill health or otherwise and redundancy", the order said on Tuesday. The departmental heads in the headquarter as well as regional directors are required to assess each employee "on the above mentioned factors and identify the cases where option of compulsory LWP can be exercised", stated the order dated July 14. "Names of such employees need to be forwarded to the General Manager (Personnel) in headquarter for obtaining necessary approval of CMD," the order added. In response to queries regarding this matter, Air India spokesperson said,"We would not like to make any comment on the issue." Aviation sector has been significantly impacted due to the travel restrictions imposed in India and other countries due to the coronavirus pandemic. All airlines in India have taken cost-cutting measures such as pay cuts, LWP and firings of employees in order to conserve cash flow. For example, GoAir has put most of its employees on compulsory LWP since April. India resumed domestic passenger flights from May 25 after a gap of two months due to the coronavirus pandemic. However, the airlines have been allowed to operate only a maximum of 45 per cent of their pre-COVID domestic flights. Occupancy rate in Indian domestic flights has been around 50-60 per cent since May 25. Scheduled international passenger flights continue to remain suspended in India since March 23. The passenger demand for air travel will contract by 49 per cent in 2020 for Indian carriers in comparison to 2019 due to COVID-19 crisis, said global airlines body IATA on Monday. DSP AAR AAR

Air India to send certain employees on leave without pay for up to five years

(Eds: Releasing overnight story) Mumbai, Apr 9 () Air India chief Rajiv Bansal on Thursday said that the "crippling effect" of coronavirus has further plummeted the airline's finances to a "precarious" position but despite that, it has managed to keep afloat. Bansal, in a message on Thursday, also assured the employees of providing all the "essential armoury" in carrying out evacuation and chartered flights amid the pandemic. "Air India has been passing through a critical financial condition much before the Covid19 onslaught. The crippling effect of the pandemic, especially in the aviation sector, has further plummeted our finances to a precarious position. In spite of this, your airline has left no stone unturned to continue to remain afloat," Bansal said in a message to Air India employees on Thursday. Reminding the employees that the organisation is always with them during these trying times, he said, their safety and health are as important to the company as of its passengers. "We are leaving no stone unturned to ensure you get all the essential armoury to fight this war. Our dedicated medical services team members are available round the clock for any consultation, advice or emergency. We are doing everything possible to minimise risk factors," Bansal said. Besides taking all the precautionary measures and providing PPE to ensure your safety, Air India was amongst the very few airlines in the world, who are providing hazmat suits and other protective equipment for its crew to equip them to face any COVID-related safety concern onboard, he said. It was the first carrier to evacuate stranded Indian nationals from Coronvirus-hit Wuhan in China in January. It is due to these precautionary measures that so far, only one of the airline's crew members amongst so many, who have been flying our charter flights all over the world, has tested COVID positive, he added. "I am relieved to inform you that she has also been discharged after full recovery under the watchful eyes of our medical department," Bansal said. In recent weeks, Air India has operated flights to Israel, Germany and London, using its wide-body Boeing 777s and B787s. These services were mainly to carry foreign nationals stranded in the country due to the lockdown, which began on March 25. Stating that all of us in Air India, no doubt, are in this war together, Bansal said, "Adversity brings the best out of us and is a litmus test of our courage and strength of character. This is also the time to show how much we care for one another." IAS MR HRS

Coronavirus deteriorates Air India finances but airline manages to keep afloat, says chief

By Yoshita Singh New York, May 20 () Jaipur Foot USA Chairman Prem Bhandari has described the 'Vande Bharat' exercise to repatriate Indians stranded abroad as a "historic humanitarian mission" by the Indian government as he along with other members of the Indian-American community accorded a warm welcome to an Air India crew here. The Air India flight arrived from India into the J F K International Airport in New York on Tuesday and in a special gesture of gratitude for their service, Bhandari welcomed them as guests in the Stay Bridge hotel in New York's iconic Times Square. "The Vande Bharat is a historic humanitarian mission and unprecedented effort" launched by Prime Minister Narendra Modi to repatriate thousands of Indian nationals stranded during this coronavirus pandemic, Bhandari said. "The pilots and crew members of Air India are warriors for us who have put their lives at risk by coming to New York, the epicenter of COVID-19, to fly their stranded countrymen back home," he said. Coronavirus cases in New York stands at over 353,000 with over 23,834 deaths, according to Johns Hopkins University. He said the Air India crew are guests of the Indian-American community and people of Indian-origin in the US as he welcomed them at the hotel owned by Chandra and KK Mehta in Times Square. "You have come to a second home. I salute you on behalf of Indians and the Indian-American community in the US for your services in the times of such crisis." He also expressed gratitude to Air India Chairman and Managing Director Rajiv Bansal for the opportunity to be of service to the Air India team. Consul General of India in New York Sandeep Chakravorty applauded the Air India team saying they have risen to the occasion in the face of the COVID-19 challenges. He said the Consulate and the community organisations in New York applaud the Air India crew for rising to the call of duty and for their service to the nation. Present on the occasion were Deputy Consul General Shatrughna Sinha, Regional Finance Manager, Americas, Air India Kamal Roul and Federation of Indian Associations- NY NJ CT (FIA) President Anil Bansal. Mehta announced a donation of one million dollars for COVID-19 relief efforts in Rajasthan. This is in addition to the Rs 1.5 crore donated by the Nakoda Bheravnath Charitable Foundation that has already been donated for the COVID-19 cause. Bhandari, who is the Chairman of the Foundation's advisory board, said Rs one crore was donated to the PM CARES Fund within a day of the Fund being created in March. He added that the Mehtas had also offered to provide hundreds of rooms for Indians students stranded in the US as the COVID-19 crisis began in the country. YAS RUP RUP

Jaipur Foot USA Chairman Prem Bhandari applauds Air India crew for service amid COVID-19 crisis

<ul><li>G-20 finance ministers, central bank and FM Sitharaman to meet on Apr 15 to discuss eco revival post COVID-19. </li><li>Employers will have to show donations made by employees from their salary to the PM-CARES fund in Form 16 TDS certificate. </li><li>Retirement fund body <keyword id="6372438" type="ORGANIZATION" weightage="20" keywordseo="epfo">EPFO</keyword> on Friday said it has settled 1.37 lakh provident fund withdrawal claims worth ₹ 280 crore. </li><li>About 15 million people face job losses in India's exports sector following cancellation of over half of the orders.</li></ul>Following are the top business stories of April 10: G-20 finance ministers, central bank Guvs to meet on Apr 15 to discuss eco revival post COVID-19 Finance Minister Nirmala Sitharaman and RBI Governor <keyword id="6359111" type="PERSON" weightage="20" keywordseo="Shaktikanta-Das">Shaktikanta Das</keyword> will on April 15 participate in the meeting of the G-20 countries to discuss the way forward in supporting the economy after the COVID-19 pandemic. ADB assures USD 2.2 bn support package to India for COVID-19 response Asian Development Bank (ADB) President Masatsugu Asakawa on Friday assured Finance Minister Nirmala Sitharaman of USD 2.2 billion (about Rs 16,500 crore) support to India in its fight against the COVID-19 pandemic. Donation by employees to PM-CARES fund through employer to reflect in Form 16 TDS certificate Employers will have to show donations made by employees from their salary to PM-CARES fund in Form 16 TDS certificate, the Income Tax department has said. Enough stock of hydroxychloroquine in India: Govt The government on Friday said that there is enough stock of hydroxychloroquine in the country and it is taking all steps to ensure that there is no shortage of the drug in the domestic market. EPFO settles 1.37 lakh PF withdrawal claims worth around ₹280 cr to ease lockdown woes Retirement fund body EPFO on Friday said it has settled 1.37 lakh provident fund withdrawal claims worth ₹ 280 crore to provide relief to subscribers during the lockdown. ICICI Lombard, Go Digit, Flipkart join hands to offer Covid-19 health insurance ICICI Lombard, Go Digit General Insurance and Flipkart on Friday said they have joined hands to offer health policies related to Covid-19. India to export hydroxychloroquine only to foreign governments and not to pvt companies: Sources India will export anti-malarial drug hydroxychloroquine, high in demand globally, only to foreign governments and not to private companies, as the product is under prohibited or banned category of exports, sources said. Exports sector may witness 15 million job losses, increase in NPAs: FIEO About 15 million people face job losses in India's exports sector following cancellation of over half of the orders and gloomy forecast for global trade due to the Covid-19 pandemic, exporters' body FIEO said on Friday. Petrol pump operators seek financial support as losses mount on falling fuel sales With <keyword id="1754604" type="PERSON" weightage="20" keywordseo="coronavirus">coronavirus</keyword> eviscerating demand, petrol pump operators on Friday said per pump sales have fallen to less than one-tenth, leading to heavy losses in establishment and employee cost. Coronavirus deteriorates Air India finances but airline manages to keep afloat, says chief Air India chief Rajiv Bansal on Thursday said that the "crippling effect" of coronavirus has further plummeted the airline's finances to a "precarious" position but despite that, it has managed to keep afloat. Truckers demand relief package from govt as lockdown leaves them in limbo With the livelihood of about 1 crore truckers in peril due to the lockdown, transporters on Friday urged the government for an immediate relief package for the transport sector. Independent dir kingpin of corp governance; can't remain in 'cosy club': Srinivas Asserting that steps have been initiated to develop a strong cadre of independent directors, Corporate Affairs Secretary Injeti Srinivas has said such people should not be part of a "cosy club" as they are key to corporate governance. Pre-monsoon sowing of kharif crops begins; paddy acreage up 27% Amid COVID-19 lockdown, pre-monsoon sowing of kharif crops has begun across the country with paddy acreage 27% higher at 32.58 lakh hectare so far as compared to last season, according to the agriculture ministry. Foreign exchange reserves decline USD 902 mn to USD 474.66 bn The country's foreign exchange reserves declined by USD 902 million to USD 474.66 billion in the week to April 3 due to a fall in foreign currency assets, according to the latest data from the <keyword id="6354335" type="COMPANY" weightage="20" keywordseo="reserve-bank-of-india">Reserve Bank of India</keyword>. Covid-19 cripples ₹2,000-crore Jalandhar sports industry With Covid-19 lockdown resulting in a complete halt of trading activities, barring some essential commodities, the over Rs 2,000-crore sports industry of Jalandhar is having a harrowing time as the current situation has forced sport goods manufacturers to defer orders. SEE ALSO: <a href="https://www.businessinsider.in/india/news/punjab-extends-lockdown-till-may-1-after-a-sudden-spike-in-covid-9-cases/articleshow/75082965.cms" data-type="tilCustomLink">Punjab extends lockdown till May 1 after a sudden spike in COVID-19 cases</a> <a href="https://www.businessinsider.in/topic/coronavirus">Coronavirus News and Updates</a> <a href="https://www.businessinsider.in/india/news/how-to-check-coronavirus-symptoms-at-home/articleshow/74960334.cms">What are the Coronavirus symptoms and how to check for them at home</a>

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Noida, Navi Mumbai Airports to get operational by next year

ANI

'Homecoming' for Rajiv Bansal as Air India CMD

PTI

Top Air India officials to retire, squabble for posts begins

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Rajiv Bansal appointed Air India chief

PTI

Air India names Rajiv Bansal as the CEO and MD

IANS

Air India pilots are angry over pay cuts⁠— want salaries to be reduced in a graded manner

Navdeep Yadav

Air India is sending employees on a 5-year leave without pay to cut down costs

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Air India pilots allege blatant discrimination by management

IANS

Air India pilots are up in arms after the national airline ‘unilaterally’ declared ‘leave without pay’

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Air India finances plummet due to coronavirus impact, says chief

PTI

Air India to send certain employees on leave without pay for up to five years

PTI

Coronavirus deteriorates Air India finances but airline manages to keep afloat, says chief

PTI

Jaipur Foot USA Chairman Prem Bhandari applauds Air India crew for service amid COVID-19 crisis

PTI

From 15 million job lost in exports sector to government seeking proof of PM-CARES donations - here's all the headlines you may have missed today

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