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10% share of Indian Oil Corporation will be sold on 24th August. At present, the government holds 68.57%. Now it will be reduced to 63.57%.
Continued selling of Family Silver by the Manager.
21 Friday Aug 2015
Posted in Disinvestment, PSU
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10% share of Indian Oil Corporation will be sold on 24th August. At present, the government holds 68.57%. Now it will be reduced to 63.57%.
Continued selling of Family Silver by the Manager.
21 Friday Aug 2015
Posted in General
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Indo-Pak Dialogue Should Continue
The Central Committee of the Communist Party of India (Marxist) reiterates its consistent position that the process of talks between India and Pakistan should continue, while adopting a firm stance on the territorial sovereignty of our country.
The current tensions along the Indo-Pak borders must be deescalated. For this, the process of dialogue and talks must continue, regardless of whether the Pakistan embassy officials have meetings with separatist leaders of Kashmir or not. Such meetings have been regularly taking place in the past.
21 Friday Aug 2015
Posted in Uncategorized
Athens, Aug 21: At least 25 rebels from Greece’s hard-left Syriza party said today they would form a new parliamentary group a day after Prime Minister Alexis Tsipras resigned and triggered snap elections.
The party, which rode to power in January by vowing to end austerity measures, was deeply divided over Greece’s acceptance of a third international bailout package.
The revolt within his own party prompted Tsipras to announce his resignation late on Thursday, unleashing early elections which are likely to take place on September 20, state news agency ANA said, citing government sources.
The new party, called Popular Unity, will be led by former energy minister Panagiotis Lafazanis, 63, according to the news website left.gr.
Lafazanis, removed from his post in a cabinet reshuffle last month, is an implacable foe of the agreement reached between Athens and the European Union for a 86-billion-euro (USD 96-billion) bailout package, the first tranche of which was released yesterday.
– See more at: http://ganashakti.com/english/news/details/10170#sthash.at7S8X6a.dpuf
21 Friday Aug 2015
Posted in TU News - International, WORLD NEWS
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Consequent to the quitting of the Prime Minister Alexis Tsipras on the strong opposition on the bail out plan signed by the government within the party, another election is announced, which may probably held shortly.
The trade unions in Greece has been on protest actions against the bail-out signed by the government with Euro Union, which will continue the austerity measures.
21 Friday Aug 2015
Posted in PSU, TU News - India
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More than 13,000 employees of the Neyveli Lignite Corporation (NLC) are on strike since 20th july demanding wage revision. The workers demand is for 24% increase in wages, but the management is only prepared to grant 10%.
NLC is a central government PSU and is under the Coal ministry. We fully support the struggle of the NLC workers.
21 Friday Aug 2015
Posted in Corruption, Telecom
According to the CBI, former Communications Minister A.Raja, his family and friends have amassed wealth of more than Rs. 28 crores during his tenure. The CBI had carried raids in 24 places and has confiscated 6 kg gold and 20 kg silver. It is also reported that the CBI has unearthed transactions of about 200 properties in the name of the former Minister. It is alleged that these are all connected with the 2G scam.
21 Friday Aug 2015
Posted in PSU
20 Thursday Aug 2015
Posted in BSNL News, BSNLCCWF - Casual and Contract workers, BSNLEU, TU News
Information has been received from Kerala that on the basis of the discussions between Shri N.K.Gupta, Director(CFA), BSNL and BSNLEU, SNEA, BSNLCCWF and the decisions arrived at, the Strike by the BSNLCCWF and Non-Cooperation by BSNLEU, SNEA has been withdrawn. The details will be intimated later.
Hearty Congratulations and Revolutionary Greetings to the militant workers of Kerala Circle BSNL for their sustained struggle and mighty achievement! We express our appreciation to the Management for the discussion and settlement. We hope that whatever the service has suffered during the 45 days of agitation will be made good and that the Kerala Circle will continue to lead both in better service and more profit.
20 Thursday Aug 2015
Posted in AIBDPA - BSNL DOT Pensioners
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It is decided to hold the triennial All India Conference of All India BSNL DOT Pensioners Association(AIBDPA) at Tirupati (A.P) on 8th and 9th December, 2015. The Central Executive Committee Meeting will be held at 1700 hrs on 7th December, 2015 at Tirupati. This is intimated by Com. K.G.Jayaraj, General Secretary AIBDPA.
AIBDPA is the militant organisation of the DOT-BSNL Pensioners. Since its inception, the pensioners in BSNL and DOT have appreciated its serious struggles and activities for the benefit of the pensioners.
20 Thursday Aug 2015
Posted in General, Neo-liberal policy
The ‘Hire and Fire’ continues by the private companies. It is the auto maker Renault Nissan Chennai Factory this time. Out of the 8,000 and odd workers, 1,000 are going to be terminated on the plea low demand in the market. Further, the MNCs and Indian corporates are becoming more bold to do whatever they want, since they are confident that the Modi Government will not interfere.
The workers are not going to accept this job cut. Struggles will certainly erupt to save the jobs.