News 360: No consensus yet on Presidential nominee

News 360: No consensus yet on Presidential nominee

The Sukma Collector is back home after 12 days in the Naxal captivity but Chhattisgarh Chief Minister has denied reports of any backroom deal. ...
09:52 PM, May 04, 2012

Germany approves second Greek bailout package

Germany approves second Greek bailout package Berlin: German Chancellor Angela Merkel scraped through a parliamentary vote endorsing a second bailout for Greece on Monday but faced a growing backbench revolt against pouring in more money in support of the euro zone. The comfortable 496-90 victory, with five abstentions, was inflated by centre-left opposition support, but only 304 of Merkel's 330 centre-right coalition lawmakers backed the motion. Seventeen coalition rebels voted "No" this time, compared to 13...
12:20 AM, Feb 28, 2012
After bailout, Greek govt agrees to cut wages, jobs

After bailout, Greek govt agrees to cut wages, jobs

Greece has agreed to massive debt reduction, which the private sector investors must approve. ...
09:12 AM, Feb 22, 2012
Eurozone seals a second bailout for Greece

Eurozone seals a second bailout for Greece

Greece has finally secured a crucial second bailout after a marathon session of talks. ...
02:48 PM, Feb 21, 2012

Eurozone seals Greek bailout worth 130 bn euros

Eurozone seals Greek bailout worth 130 bn euros Brussels: Eurozone finance ministers approved on Tuesday a second bailout for debt-laden Greece that will resolve Athens' immediate repayment needs but seems unlikely to revive the nation's shattered economy. After a marathon 12 hours of talks through the night, euro zone officials said ministers had agreed measures to cut Greece's debt to around 121 per cent of gross domestic product by 2020, close to their original target of 120, after...
10:03 AM, Feb 21, 2012

Greece battles to salvage bailout package

Greece battles to salvage bailout package Athens: Greece's leaders battled to salvage a 130-billion-euro EU/IMF bailout on Wednesday, rejecting criticism of their commitment to a punishing austerity package despite staunch opposition to it among voters. But with mistrust of Athens high, EU sources told Reuters euro zone finance officials were studying whether it was possible to delay part or all of the rescue deal while still avoiding a disorderly default - news which pushed German Bund...
03:44 AM, Feb 16, 2012

AI: Govt mulls Rs 30,000 cr bailout package

AI: Govt mulls Rs 30,000 cr bailout package New Delhi: Seeking to turnaround the cash-strapped Air India, the government is considering a nearly Rs 30,000 crore package for the national carrier over a period of 10 years, official sources said on Monday night. According to the proposal, the government is considering writing off Rs 4,500 crore cash loss of Air India, infusing an additional equity of Rs 6,750 crore and Rs 17,000-18,000 crore for its fleet acquisition programme....
04:33 AM, Nov 29, 2011

Air India discusses pay cut proposal with employees

Air India discusses pay cut proposal with employees Union leaders said they had not accepted the pay cut proposal. ...
10:47 PM, Jun 25, 2009

AI management meets workers' union over deferred pay

AI management meets workers' union over deferred pay AI has assured workers the airline will not be privatised. ...
06:39 PM, Jun 25, 2009

Govt to help AI but won't give a blank cheque

Govt to help AI but won't give a blank cheque Praful Patel has been asked to make Air India leaner and trimmer. ...
06:28 PM, Jun 24, 2009

Air India summoned in multi-million dollar suit

Air India summoned in multi-million dollar suit The case was filed by a US pilot in India to train AI pilots. ...
03:06 PM, Jun 24, 2009

Global meltdown has hit IT hiring in India: Nilekani

Global meltdown has hit IT hiring in India: Nilekani India must create 270 mn jobs by 2035 to reap benefits of demographic change. ...
01:16 AM, Feb 17, 2009

Stimulus package to bring China's economy back on track

Stimulus package to bring China's economy back on track Package larger as a percentage of the economy than the American financial bailout. ...
02:36 PM, Nov 11, 2008

China announces $570 billion bailout package

China announces $570 billion bailout package Economic growth, exports and various industries in China are slowing. ...
03:02 AM, Nov 10, 2008

Economic slowdown dampens festive spirit

Economic slowdown dampens festive spirit Global financial crisis has dampened the festival season in India. ...
07:41 AM, Oct 28, 2008
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