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RETIRED SAIL EMPLOYEES
WeWork CEO John Santora's warning to senior leaders on Gen Z: 'AI is not going to provide empathy, leadership, and mentoring.'Young professionals face a tough job market, with AI's rise causing anxiety. However, experts suggest this is a cyclical shift, not an AI-d...- Rs 1 cr retirement corpus not enough: PSU employee retiring after 35 years job breaks down before son seeking helpA PSU employee retiring with nearly Rs 1 crore faces family anxiety due to his history of financial mismanagement and falling victim to sca...
- Cboe to cut staff by 20% as exchange operator sharpens focus on core businessCboe Global Markets' CEO Craig Donohue on Friday outlined plans to sharpen the exchange operator's focus on key businesses, including a 20%...
- SAIL pensioners seek higher pension from EPFORetired SAIL employees are urging the Prime Minister's Office for higher pensions from EPFO, citing discriminatory scheme implementation. D...
- CIL board to take up PF contribution planCoal India board will soon consider a proposal to voluntarily contribute Rs 10 to the Coal Mines Pension Fund for each tonne of coal sold. ...
- EPFO, CMPFO merger on cardsCMPFO’s payments have started exceeding inflow since 2016-17.
- 'Coal companies must make extra voluntary contribution to staff pension fund'Coal Mines Provident Fund Organisation commissioner Animesh Bharti told ET: “Following a recent resolution by the trustee board of the CMPF...
- Coal mines PFO to impose levy on member companies' productionThe levy is estimated to raise Rs 650 crore from Coal India this year if it manages to meet its yearly production target. The resulting inc...
- Steel Minister announces pension scheme for CPSEs, to benefit about 1.5 lakh employeesThe pension scheme is estimated to cost additional financial burden of Rs 540 crore.
- SAIL could surprise with strong growth in production, profitIn the March quarter, SAIL did an adjusted EBIDTA per tonne of Rs7,000 against Rs 3,800 in the preceding quarter.
- SAIL raises its game after government cracks whip“This year we’re expecting some cash profit to come into SAIL,” Aruna Sharma, secretary at the steel ministry, said in an interview.
- SAIL implements VRS; 1,038 employees take the offerThe Maharatna company has been trying to bring down its operational costs in a bid to cut losses amidst tough domestic market conditions du...
- Employees can't claim VRS benefit as matter of right: Supreme CourtNo employee, as a matter of right, can seek the benefits of voluntary retirement scheme.
- Huge investment in infrastructure calls for capacity addition: SAIL chairmanChandra Shekhar Verma outlined future plans for SAIL and why steel companies in India will not be affected by the global slowdown.
- SAIL to hire 525 freshers to manage expanding operationsState-owned SAIL has announced that it will hire 525 freshers, majority from technical background, to work on its steel plants, which are u...
- SAIL to recruit 600 freshers in FY'10Steel giant SAIL plans to recruit about 600 employees this fiscal even as global producers like ArcelorMittal and Corus are trimming workfo...
- SAIL's workforce likely to decline by up to 7,000 in FY'10Domestic steel giant SAIL sees its workforce shrinking by up to 7,000 this fiscal as it continues with the rationalisation of manpower aime...
- Kulti works to be reopened: PaswanThe government has decided to reopen the Kulti works, the oldedst steel unit in the country which was closed in 2003, Union Minister of Ste...
- Bengal puts Durgapur Projects unit on revival trackIn a bid to sell the coke oven division of Durgapur Projects (DPL), the West Bengal government has decided to write off the entire debt of ...
- SAIL plans to buy Rs 500-cr gratuity policy from LICThe turnaround in the steel industry has proven to be a bonanza for Life Insurance Corporation. Anticipating record profits this year, the ...
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