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BSNL employees urge PM Modi to approve rescue package without delay

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BSNL employees urge PM Modi to approve rescue package without delay BSNL has real estate assets at all prime locations, worth more than Rs 3 trillion. Current Affairs :Hindustan Zinc (HZL), the nation’s biggest digger for this metal and part of the London-based Vedanta gathering, has arranged a speculation plan for $2 billion (Rs 14,000 crore) throughout the following five years, to raise yearly ability to 1.5 million tons (mt) from the current 0.8 mt. “Work is in the arranging stage for limit development to 1.35 mt, which will take a few years. At that point, we mean to go to 1.5 mt, which will take an additional two years,” Sunil Duggal, CEO, said. At present, the organization is in the last leg of plan to raise ability to 1.2 mt, from 0.8 mt. This is booked for finish in the March quarter. “Our whole development will be financed through interior collections and each stage (to 1.35 mt and after that 1.5 mt) will require $1 bn each. We have enough money saves and won’...

BSNL contract workers protest in Coimbatore, seek 6 months of arrears

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BSNL contract workers protest in Coimbatore, seek 6 months of arrears The protestors sought the Collector K Rajamani’s intervention in the issue and submitted a memorandum to him Current Affairs :-  A gathering of provisional laborers in BSNL on Monday took out a parade on the premises of the area collectorate requesting pay which supposedly has not been paid throughout the previous a half year, police said. The protestors looked for the Collector K Rajamani’s intercession in the issue and presented an update to him, the police said. Almost 450 specialists are on contract with the BSNL here, they included. Continue Reading