Jet Airways pilots accuse Spicejet official of humiliating them : Bulletin: Business Today
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Jet Airways pilots accuse Spicejet official of humiliating them

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April 26, 2019

Maruti's decision to phase out diesel by April 2020 may hasten the end of the road for the fuel

India's largest carmaker Maruti Suzuki India Ltd (MSIL) on Thursday said it will stop selling diesel cars in its portfolio--all seven of them, from April 1, 2020, when the new BS VI fuel economy norms kick in, which will make diesel vehicles significantly more expensive.

Microsoft inches toward $1 trillion valuation, boosted by cloud business

Microsoft Corp.'s cloud computing business fueled quarterly sales and profit that topped analysts' estimates, boosted by several new deals with large corporate clients. The company's shares rose as much as 5.1 per cent Thursday morning in New York, briefly pushing its valuation across $1 trillion before pulling back slightly.

Sri Lanka revises death toll from attacks down by 100

Sri Lankan officials revised the death toll from Easter Sunday bombings down by about 100 on Thursday, blaming the difficulty in identifying body parts at bomb scenes for the earlier inaccurate number.The new official figure was 253.

India alleges big multinationals did not pass on tax benefits: source

Indian tax authorities have alleged that a number of big multinational companies have not passed on benefits from a tax cut to customers, a senior government official told Reuters. The official said, for example, that the tax authorities have alleged that U.S. consumer goods maker Procter & Gamble did not pass on more than $35 million in tax benefits which were meant to have gone to its customers.

Samsung to install 40 Onyx Cinema LED in India by 2022

Consumer electronics major Samsung is aiming to sell around 40 LED cinema screens 'Onyx' in the country by 2022, a company official said on Thursday. The company is expecting a good business opportunity in the segment as the movie exhibition industry is expanding and is getting updated with modern technologies.
Vijay Mallya extradition: London court to hear fugitive tycoon's plea on July 2

The London High Court will hear embattled fugitive businessman Vijay Mallya's oral plea against his extradition on July 2. Earlier, the London HC had rejected the Indian tycoon's plea against the extradition order by the UK Home Office and the Westminster Court. During a hearing back home in India on Thursday, Mallya's lawyer told the Bombay High Court that by declaring him a fugitive economic offender and allowing attachment of his assets, a special court had awarded him nothing but an "economic death penalty".

Jet Airways pilots accuse Spicejet official of humiliating them during interview

The pilots union of the grounded Jet Airways has expressed shock over some alleged remarks by a senior SpiceJet executive against their members during a recent recruitment drive in the city earlier this week. The reaction came after a Spicejet official allegedly told some Jet pilots that they were doing a "charity" by hiring them, according to sources. Over 1,300 pilots are on the street after Jet Airways announced halting of operations on April 17, endangering the jobs of over 20,000 employees


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