Air India, the country's national carrier, will defer salary payments for its 31,000 employees for two weeks due to a cash crunch born of tepid demand and overcapacity, the company said Monday.
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Air India defers salary payments
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Bharti Airtel has target of Rs 376:
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Indian airline industry expected to suffer huge debt burden
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Jet Airways cuts salaries of 370 employees
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Railways disbursing Rs.33 billion worth of salaries out of loans:
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Payments to chiefs stopped
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Bharti Airtel can go upto Rs 335:
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India, Sri Lanka fined for slow over-rates
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Indian rupee trims fall as shares pare losses
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Air India denies reports of strike by pilots
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Domestic fares drop 30 per cent
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United dropping Indian call centre
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Kingfisher Airlines has target of Rs 14-15:
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Seven flights of Air India Express cancelled
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'AirAsia should restore flights to Mumbai and New Delhi'
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Air Canada earnings fall
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Air India flight makes emergency landing in Pakistan