Kingfisher to start paying Jan salaries - letter
NEW DELHI (Reuters) - Kingfisher Airlines (KING.NS) will start paying January salaries starting from Wednesday, Chairman Vijay Mallya wrote in a letter to employees, as the debt-laden carrier struggles to retain staff.
"It is my personal endeavour to not only clear the January salary but also clear a significant part of the February salary by the end of this month itself," Mallya wrote in the letter seen by Reuters.
The airlines also expects to re-enter a distribution network with the International Air Transport Association "very shortly," Mallya said.
(Reporting by Anurag Kotoky; Editing by Aradhana Aravindan)
- Tweet this
- Share this
- Digg this
India has capped the prices of 36 drugs, including those used to treat infections and diabetes, in its latest move to make essential medicines more affordable, a senior official of the country's drug pricing authority told Reuters on Friday. Full Article
Top rice exporter India importing over 100,000 T on temporary supply squeeze. Full Article