venkatachalam

Bank strike hits financial sector in India (Roundup)


August 22nd, 2012 - 7:13 pm ICT by IANS
New Delhi, Aug 22 (IANS) Banking transactions across India were severely affected Wednesday as employees of most public sector banks and some private and foreign banks went on a two-day ... Read more...

Posted in Business |

Jayalalithaa drops senior minister Sengottaiyan


July 19th, 2012 - 12:11 am ICT by IANS
Chennai, July 18 (IANS) In a surprise move, Tamil Nadu Chief Minister J.Jayalalithaa Wednesday decided to drop senior minister K.A. Sengottaiyan and induct Thoppu N.D.Venkatachalam into her cabinet.According to a ... Read more...

Posted in Politics |

‘Tamil Nadu power corp wrong on wind power banking loss’


June 22nd, 2012 - 8:11 pm ICT by IANS
Chennai, June 22 (IANS) The Tamil Nadu Spinning Mills Association (Tasma) termed as "deceptive" the Tamil Nadu Generation and Distribution Corporation's (Tangedco) assumption of the loss it suffers offering ... Read more...

Posted in Business |

Top executives of PSU banks are outside service rules


May 19th, 2012 - 7:12 pm ICT by IANS
Chennai, May 19 (IANS) The country's top civil servants are subject to service/conduct/disciplinary rules, but top honchos of government-owned banks are not.In response to a query under the Right to ... Read more...

Posted in Business |

Strike doesn’t affect life in Tamil Nadu


February 28th, 2012 - 9:41 pm ICT by IANS
Chennai, Feb 28 (IANS) Normal life in Tamil Nadu was not affected by the 24-hour nation-wide strike called by 11 trade unions Tuesday, with buses and trains running as ... Read more...

Posted in Business |

‘Probe conversion of Kingfisher loan into equity’


November 15th, 2011 - 7:12 pm ICT by IANS
Chennai, Nov 15 (IANS) Demanding a parliamentary probe into the manner in which government banks converted their loans to Kingfisher Airlines into equity at a higher price than the market ... Read more...

Posted in Business |

India’s banking operations hit by nationwide staff strike (Roundup)


August 5th, 2011 - 6:22 pm ICT by IANS
Mumbai, Aug 5 (IANS) Majority of banking transactions across India were hit Friday with some one million staff striking work to protest proposals to divest government stake in these ... Read more...

Posted in Business |

India’s banking industry hit by nationwide staff strike


August 5th, 2011 - 12:01 pm ICT by IANS
Chennai/New Delhi, Aug 5 (IANS) Majority of banking transactions across India were hit Friday as some one million staff struck work to protest proposals to divest government stake in state-run ... Read more...

Posted in Business |

Bank employees to strike work Aug 5


August 1st, 2011 - 7:03 pm ICT by IANS
Chennai, Aug 1 (IANS) The United Forum of Bank Unions (UFBU), comprising nine banking sector unions, Monday announced its decision to strike work Aug 5 as the conciliation talks held ... Read more...

Posted in Business |

All India bank strike postponed


June 30th, 2011 - 10:53 pm ICT by IANS
Chennai, June 30 (IANS) The United Forum of Bank Unions (UFBU), comprising nine unions, Thursday said it will strike work Aug 5 instead of its earlier planned date of July ... Read more...

Posted in Business |

SBI eyeing Rs.3 lakh crore rural deposits by fiscal-end


February 6th, 2011 - 8:15 pm ICT by IANS
Kandi (West Bengal), Feb 6 (IANS) The country's largest lender State Bank of India is eyeing Rs.3 lakh crore rural deposits and Rs.1.75 lakh crore rural advances by the end of ... Read more...

Posted in Business |

Students campaign to save tigers in Coimbatore


December 17th, 2010 - 1:29 pm ICT by ANI
Coimbatore (Tamil Nadu), Dec. 17 (ANI): Over 2000 students took part in a campaign to save the tiger here on Thursday.They dressed themselves up in tiger skin outfits, carried placards, banners and ... Read more...

Posted in National |

46 Indian banks’ staff get pay hike (Lead)


April 27th, 2010 - 11:42 pm ICT by IANS
Mumbai, April 27 (IANS) Employees' unions and the Indian Banks Association (IBA) Tuesday signed here a five-year wage agreement providing for a 17.5 percent hike in pay from 2007 ... Read more...

Posted in Business |

New wage settlement for bank employees


April 27th, 2010 - 10:10 pm ICT by IANS
Mumbai, April 27 (IANS) Employees unions of banks and the Indian Banks Association (IBA) Tuesday signed here a five-year wage agreement providing for a 17.5 percent hike in salaries from 2007 to ... Read more...

Posted in Business |

ADB appoints L.Venkatachalam as vice-president


April 23rd, 2010 - 12:29 pm ICT by ANI
Manila (Philippines), Apr.23 (ANI): The Board of Directors of ADB yesterday approved the appointment of Lakshmi Venkatachalam from India as Vice-President (Private Sector and Cofinancing Operations) for a term of three years. ... Read more...

Posted in World |

Governor calls for top priority to sailors’ safety


March 31st, 2010 - 6:11 pm ICT by IANS
Mumbai, March 31 (IANS) Expressing serious concern over the growing incidents of sea piracy, armed robbery and hostage-taking on the high seas, Maharashtra Governor K. Sankaranarayanan Wednesday said that top priority must ... Read more...

Posted in Business |

Coimbatore civic body to give free breakfast in schools


March 22nd, 2010 - 4:09 pm ICT by IANS
Chennai, March 22 (IANS) Civic authorities in Tamil Nadu's Coimbatore town have decided to provide free breakfast to poor students studying in municipal schools from the next fiscal year. Presenting the Coimbatore ... Read more...

Posted in Politics |

Bank-strike disturbs services all over the country


December 16th, 2009 - 1:58 pm ICT by ANI
New Delhi, Dec 16 (ANI): Dissenting the proposed merger of the State Bank of Indore with its parent State Bank of India (SBI), the bank employess have gone on a one-day ... Read more...

Posted in Business |

2 day bank strike from today


August 6th, 2009 - 3:25 pm ICT by IBNS
New Delhi, Aug 6 (IBNS) Employees of public sector banks across the country are striking work for two days from Thursday to push for wage hike, among other demands."We are on strike ... Read more...

Posted in Business |

Bank operations come to a standstill, as employees go on a two day strike


August 6th, 2009 - 1:16 pm ICT by ANI
New Delhi, Aug 6 (ANI): Employees of public sector banks across the country went on a two day strike from today to press for their demands, as per the recommendations of the ... Read more...

Posted in National |

Gene mutation behind pregnancy loss and disorders identified


July 22nd, 2009 - 12:56 pm ICT by ANI
Washington, July 22 (ANI): A mutation in a gene called Bub1 could lead to a condition that causes disorders like Down Syndrome, pregnancy loss, and infertility, according to a study led by ... Read more...

Posted in Health Science |

Bank union wary of divestment plans


July 6th, 2009 - 10:42 pm ICT by IANS
Chennai, July 6 (IANS) Despite assurance by Finance Minister Pranab Mukherjee Monday that state-owned undertakings in the banking and insurance sectors will not be privatised, a leading bank employees union is ... Read more...

Posted in Business |

Bank employees’ strike deferred


July 4th, 2009 - 7:54 pm ICT by IANS
Chennai, July 4 (IANS) A nationwide strike planned by employees of State Bank of India (SBI) and its six associate banks for July 6 against the merger of State Bank of ... Read more...

Posted in Business |

Two-day nationwide bank strike from today


September 24th, 2008 - 12:11 pm ICT by ANI
Mumbai, Sept 24 (ANI): Over nine lakh bank employees are going on a two-day strike from today demanding settlement of issues like wage revision and termination of job outsourcing in banking ... Read more...

Posted in National |

Tamil Nadu bank employees begin two-day strike


September 24th, 2008 - 11:37 am ICT by IANS
Chennai , Sep 24 (IANS) Around 60,000 bank employees in Tamil Nadu went on strike Wednesday as part of the two-day nationwide shutdown called by bank unions to protest the government's privatisation ... Read more...

Posted in Business |

Banks employees to shut down Wednesday, Thursday


September 23rd, 2008 - 7:46 pm ICT by IANS
Chennai, Sep 23 (IANS) About one million bank employees will go on for a two-day nationwide shutdown Wednesday to protest against the government's privatisation policy.Conciliatory talks between the United Forum of Bank ... Read more...

Posted in Business |

Conciliatory talks on to avoid bank strike


September 23rd, 2008 - 4:08 pm ICT by IANS
Chennai, Sep 23 (IANS) Chief Labour Commissioner S.K. Mukhopadhyay Tuesday began conciliatory talks with leaders of banking unions in New Delhi to avoid the proposed bank strike Wednesday and Thursday.C.H. Venkatachalam, convenor ... Read more...

Posted in Business |

Bank unions call off two-day strike


February 25th, 2008 - 4:19 pm ICT by admin
(Second Lead)Mumbai/Chennai, Feb 25 (IANS) A two-day strike planned by 900,000 employees of all major banks in India to protest the proposed amalgamation of the State Bank of India (SBI) with its ... Read more...

Posted in Business |

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