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September 2018
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Hasan, Asghar, Rashid fined 15 per cent of their match fees        Ready to be sacked if ATK do not fare well: Coppell        Sensex ends in red after 1,000-pt flash crash        OYO to hire over 2,000 tech experts, engineers by 2020        Thousands rally across Russia against raising pension age        Pak PM Imran hits out at India, calls its response "arrogant" for cancelling talks        Sisodia, AAP MLAs discharged in case related to 2014 protest        We have no role in selection of Reliance Defence for Rafale deal: Govt        Modi, Ambani carried out Rs 1.3 lakh cr 'surgical strike' on defence forces: Rahul on Rafale issue        Chekka Chivantha Vaanam: Second trailer released        Golden Globe Race: Indian Navy Officer Abhilash Tomy injured; INS Satpura dispatched for rescue        India Calls Off Talks With Pak, Says "Imran Khan's True Face Exposed"        Indian govt wanted Reliance for Rafale, we didn't have a choice: Ex-French prez Hollande        Wreckage of Captain Cook’s ship found off US coast        Death toll reaches 136 in Tanzania ferry disaster with scores missing        Ravindra Jadeja, Rohit Sharma take India to comprehensive 7-wicket win        Naomi Osaka Eases into WTA Tokyo Event Semi-final        Let the boundaries go away: Pakistani youth sings Jana Gana Mana with full respect        Three kidnapped cops killed by terrorists in Jammu and Kashmir        Freak penne trending with dislikes and trolls        
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Business News
Petrol pump dealers call off Friday's strike
 
New Delhi, Oct 11 (PTI) Petrol pump dealers today called off their proposed day-long strike on Friday after state-owned oil firms warned them of strict action, including cancelling their contracts.

Various associations of petrol pump dealers had called the 24-hour strike against new Marketing Discipline Guidelines which impose stringent penalties for short-selling, operating automated pumps in manual mode without authorisation, non- provision of clean toilet and not paying minimum wages to employees.

"The director marketing of the three oil companies had appealed to us not to go on strike and so we are withdrawing the strike on their appeal," said Ajay Bansal, President of All India Petroleum Dealers Association.

The United Petroleum Front, an umbrella organisation for the Federation of All-India Petroleum Traders, the All-India Petroleum Dealers Association and the Consortium of Indian Petroleum Dealers, had also threatened indefinite stoppage of purchase and sale operations from October 27.

While the oil companies did appeal for calling off the strike, they also warned petrol pump operators of strict action, including facing the prospect of cancellation of dealership contract.

Sanjiv Singh, Chairman of Indian Oil Corp (IOC), the country's largest fuel retailer, yesterday stated that the strike call was totally unjustified as the oil firms have accepted all demands and raised dealers commission only a few weeks ago.

"It is unacceptable that they get minimum wages from oil companies and not give them to their employees," he said.

The dealers commission fixed recently factors in the prevailing minimum wages.

The dealers are demanding revision in their margin every six months and brining fuels under GST.

"We have agreed on a yearly revision and to now demand a half-year revision is a bit unfair," Singh said, adding that it is well known that petrol and diesel along with natural gas, ATF and crude oil will be out of GST.

Singh said law provides for taking over the petrol pumps.

"The state government can invoke ESMA, they can take over pumps and give to oil companies for operating...we can takeover petrol pumps. There are all such actions possible if they didn't listen to reasoning and went ahead with the strike," he added.


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IBA elects PNB's Sunil Mehta as chairman
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KERALA NEWS
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 Malappuram: With Kannur International Airport becoming operational, Kerala will be the first state i  
Bar bribery case: Court dismisses the vigilance report
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INTERNATIONAL NEWS
Thousands rally across Russia against raising pension age
 Moscow, Sep 22 (AP) Thousands rallied across Russia on Saturday to protest the government's plan to
Pak PM Imran hits out at India, calls its response "arrogant" for cancelling talks
Wreckage of Captain Cook’s ship found off US coast
Death toll reaches 136 in Tanzania ferry disaster with scores missing
NATIONAL NEWS
Sisodia, AAP MLAs discharged in case related to 2014 protest
 New Delhi Sep 22 (PTI) A Delhi court on Saturday discharged Deputy Chief Minister Manish Sisodia, AA
We have no role in selection of Reliance Defence for Rafale deal: Govt
India Calls Off Talks With Pak, Says "Imran Khan's True Face Exposed"
Indian govt wanted Reliance for Rafale, we didn't have a choice: Ex-French prez Hollande
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