Thursday, February 2, 2023
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financial crisis

Govt & RBI follow coordinated approach towards handling price rise: Das

There is a very coordinated approach between the Union government and the central bank to fight inflation, said RBI Governor

NMDC offers employment to NINL staff on deputation basis at its Nagarnar plant

NMDC Limited has offered to take NINL employees “on loan basis” for its iron and steel plant in Nagarnar, Chhattisgarh

Protest during Corona: NINL employee sending postal letters to Lutyens in protest

Barred from protesting, a trade union leader at NINL is sending letters to the Lutyens, North Block & South Block in Delhi to get leaders to notice the financial crisis at NINL

EXCLUSIVE: MMTC won’t extend funds to NINL, says not responsible for payment of salaries

In the backdrop of a severe financial crisis at NINL, primary promoter MMTC has said that it is not responsible for payment of salaries to NINL employees

NINL is in deep financial crisis, hasn’t paid salaries for 3 months. Who is to blame?

NINL is a company that was slated to be disinvested. But after COVID-19, the scenario has changed and left employees in the lurch without salaries for over 3 months

Unpaid bills from state-run power companies have plunged BCCL into financial crisis

Employees at BCCL have raised an alarm because the finances of the company have reached a precarious position, plunging the company into a financial crisis

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