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Festival cheer! Coal India rolls out ₹1.03 lakh reward for non‑executive workersCoal India Ltd (CIL) has announced a performance-linked reward (PLR) of ₹1.03 lakh for its non-executive workers, impacting around 2.1 lakh...
Wage negotiations with port workers to complete in a fortnightThe MoU facilitates the revision of the wage structure and addresses other service conditions, including pensionary benefits. It was agreed...
Shipping ministry approves wage structure revision for workers of major portsThe Ministry of Ports, Shipping and Waterways has approved a new wage structure for workers at major ports, stopping an indefinite strike. ...
Port, dock workers' unions defer indefinite strike proposed from WednesdayAt a national coordination committee meeting in Tuticorn (Tamil Nadu) on August 8, major port workers' unions affiliated to five federation...
Govt nod to hike in wage of Coal India non-executive employeesThe agreement was reached in May by the Joint Bipartite Committee for the Coal Industry (JBCCI)-XI consisting of representatives of CIL man...
Coal India concludes wage revision pact with non-executive workers; agrees on 25% hike in allowancesAround 2.81 lakh employees of CIL & SCCL who were on the rolls of the company as on July 1, 2021, would be the beneficiaries post-implement...
Central trade unions want ministry to put on hold four labour codes & re-start discussions“The central trade unions demanded that all the four codes should be put on hold and then discussions should start with the central trade u...
PSU banks: Pitch ready for performance-linked incentives to employeesPerformance-linked incentives may be computed annually after declaration of banks’ annual results.
IBA to review performance-linked pay for bank employeesWage revision in public sector banks take place every five years. The 11th bipartite settlement is due from November 1, 2017.
Performance bonus for FY18 to cost Coal India Rs 1,600 croreThe 10th Joint Bipartite Committee for the Coal Industry comprises representatives from management and central employees' unions.
NMDC decided to pay Rs 55,600 incentive to all eligible workmenNMDC which achieved its highest ever production of 34 million tonne and sales of 35.6 million tonne of iron ore in 2016-17, has a team of a...
Coal India assures workers to discuss divestment issue with governmentFacing a strike threat from workers' unions over the divestment issue, Coal India management has assured trade unions to take up the matter...
Disinvestment policy: Government should encourage retail investors, says Yashwant SinhaParliament's standing committee on finance said the government was "selling family's silver to pay grocery bills".
Parliamentary panel asks Finance Ministry to finish probe into HSBC blackmoney A/csA Parliamentary panel today asked the Finance Ministry to expeditiously complete the probe into the names revealed by HSBC on unaccounted m...
- Coal workers to get revised wage
Over 3.5 lakh coal workers in the country would be benefitted with about 25 per cent hike in gross wages.
- Coal India union defers three-day strike following a meeting with ministry officials
Coal India's unions have deferred the three-day strike that was scheduled to begin on August 8 following a meeting with ministry officials ...
- 51 blocks of Coal India still fall under ‘no go’: CMD
In an interview with ET Now, NC Jha, CMD, Coal India, talks about the company's strategies and future plans. Excerpts:
- Govt tries hard to avert port strike
Two crucial meetings scheduled for today in Delhi are expected to decide the fate of the nationwide strike called by All India Port and Doc...
- GJM cuts off Sikkim on Day 2 of strike
A key highway to Sikkim was blocked and normal life in the Darjeeling Hills was paralysed.
- Committee recommends imposition of additional excise duty on tea
The committee appointed by the Union government to study the social cost of tea gardens suggested imposition of an additional excise duty o...