|Chennai||Rs. 27770.00 (-0.14%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
: Scandinavian airline SAS AB plans to cut 40 percent of its workforce, and reduce pensions and salaries for remaining staff in a plan the CEO called the "final call" for the troubled carrier.
DOGFIGHT: SAS is struggling to compete with budget airlines, which are increasingly dominating European air travel, despite a series of cost-cutting drives in the past decade.
UNDER FIRE: SAS was pressed to make forceful cuts to ensure credit lines from the Scandinavian governments and major banks.