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NEW DELHI, Friday, November 21, 2014

SpiceJet cancelling 40 flights a day

As part of fleet restructuring, loss-ridden SpiceJet has started cancelling 40 flights a day from its schedule. “SpiceJet is temporarily removing 40 flights a day from its schedule as part o... »
More on financially distressed company AND: air transport
KOLKATA, Monday, November 10, 2014

HM trade unions frustrated over VRS

The package offers each employee his balance salary dues (around Rs.45,000) plus encashment of earned and sick leave besides gratuity plus a Rs.1 lakh purse. »
More on financially distressed company AND: automobilelayoffs and downsizingWest Bengal
KAGAZNAGAR (ADILABAD DIST.), Sunday, November 2, 2014

Sirpur Paper Mills likely to face closure

One of the oldest paper mills in the country, SPM has turned into a loss-making unit over the last few years. The mill started with 6 paper producing machines and two more were added in 2007-2008 as part of modernisation while production was increased to 300 tonnes per day. »
More on financially distressed company AND: annual reportbankruptcycompany informationeconomy, business and financelossesplant closing
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