wage revision

Coal India’s Q4 profit dips 5 percent


May 28th, 2012 - 9:59 pm ICT by IANS
Kolkata, May 28 (IANS) Maharatna public sector coal mining giant Coal India Ltd's (CIL) 2011-12 Q4 fiscal net profit dipped by 5 percent to Rs.4,013 crore due to wage revisions ... Read more...

Posted in Business |

Strike hits Coal India mines in Orissa


October 10th, 2011 - 3:33 pm ICT by IANS
Bhubaneswar, Oct 10 (IANS) The operations of state-owned Coal India Limited (CIL) in Orissa were hit Monday by a one-day strike called by its major workers' unions, an official ... Read more...

Posted in Business |

Coal India terms workers’ strike for bonus illegal


September 24th, 2011 - 9:45 pm ICT by IANS
Kolkata, Sep 24 (IANS) Describing as "illegal" the country-wide shutdown on Oct 10 called by all major workers' unions of Coal India Limited (CIL) over their demands for bonus and ... Read more...

Posted in Business |

Striking Comstar Automotive workers plan fast


August 19th, 2011 - 1:44 pm ICT by IANS
Chennai, Aug 19 (IANS) Striking workers at the automotive component maker Comstar Automotive Technologies Pvt Ltd plan fast along with their family members as their next course of action if ... Read more...

Posted in Business |

Apex court stays media wage revisions — for now (Lead)


July 18th, 2011 - 9:00 pm ICT by IANS
New Delhi, July 18 (IANS) The Supreme Court Monday asked the central government not to implement the recommendations of the National Wage Board for journalists and other employees for the ... Read more...

Posted in Uncategorized |

Government mulls competitive bidding of coal blocks


May 24th, 2011 - 12:57 pm ICT by IANS
Kolkata, May 24 (IANS) The central government will consider competitive bidding for coal blocks, but only after allocating blocks to state-run Coal India Limited (CIL) and he state governments, Coal ... Read more...

Posted in Business |

United India targets Rs.8,000 crore premium income


May 3rd, 2011 - 9:42 pm ICT by IANS
Chennai, May 3 (IANS) Government-owned non-life insurer United India Insurance Company Ltd. is targeting gross premium of around Rs.8,000 crore for the current fiscal, up from Rs.6,376.66 crore the company ... Read more...

Posted in Business |

Jharkhand set to hike legislators’ salary


March 24th, 2011 - 2:20 pm ICT by IANS
Ranchi, March 24 (IANS) Jharkhand is all set to hike the legislators' salary, taking it up to Rs.one lakh per month.The Jharkhand assembly is likely to pass a bill for ... Read more...

Posted in Uncategorized |

Bangladesh to review wages after industrial violence


December 13th, 2010 - 3:16 pm ICT by IANS
Dhaka, Dec 13 (IANS) The Bangladesh government has pledged to review any discrepancies in the wage revision it had prescribed for the three million-plus workers in the apparel sector after protests in ... Read more...

Posted in Politics |

MTNL posts net loss of Rs.605 crore in Q2


November 3rd, 2010 - 7:50 pm ICT by IANS
Mumbai, Nov 3 (IANS) State-owned Mahanagar Telephone Nigam Ltd (MTNL) Wednesday reported a net loss of Rs.605 crore for the quarter ended Sep 30 as against the net profit of Rs.21 crore ... Read more...

Posted in Business |

PSU general insurance employees turn lakhpatis with wage hike


November 1st, 2010 - 4:35 pm ICT by IANS
Chennai, Nov 1 (IANS) A majority of nearly 40,000 employees working in four government-run general insurance companies will go home Monday as lakhpatis, getting handsome arrears that range between Rs.100,000 and Rs.500,000 ... Read more...

Posted in Business |

Violence in Dhaka garment sector as government readies wage revision


July 26th, 2010 - 10:08 pm ICT by IANS
Dhaka, July 26 (IANS) At least 50 people were injured and a factory was ransacked Monday in renewed industrial violence in the garment sector, as the government prepared to revise wages ... Read more...

Posted in Politics |

Hasina promises higher pay to garment sector workers


July 7th, 2010 - 12:50 pm ICT by IANS
Dhaka, July 7 (IANS) Bangladesh Prime Minister Sheikh Hasina has promised an early pay revision for the country's ailing garment sector, saying the current pay scales were "too little to meet ... Read more...

Posted in Business |

Neyveli Lignite workers call off strike after wage accord


July 6th, 2010 - 1:34 pm ICT by IANS
Chennai, July 6 (IANS) Two major unions of the Neyveli Lignite Corporation Ltd (NLC) called off their six-day strike Tuesday after hammering out a wage agreement. The two unions - DMK-backed NLC ... Read more...

Posted in Business |

Raja seeks coal minister’s intervention to end NLC strike


July 1st, 2010 - 7:31 pm ICT by IANS
Chennai, July 1 (IANS) Communications Minister A. Raja Thursday urged the Minister of State for Coal, Shriprakash Jaiswal, to intervene in the wage negotiations and help end the strike at the mining and ... Read more...

Posted in Business |

Neyveli Lignite workers to strike work


June 30th, 2010 - 1:35 pm ICT by IANS
Chennai, June 30 (IANS) Two major unions of the Neyveli Lignite Corp Ltd (NLC) in Tamil Nadu have announced their decision to go on strike from Wednesday night after the failure of ... Read more...

Posted in Business |

Neyveli workers’ unions seek wage revision, threaten strike


May 31st, 2010 - 9:53 pm ICT by IANS
Chennai, May 31 (IANS) Two unions of the Neyveli Lignite Corporation Ltd (NLC) representing a majority of the 14,000 permanent workers Monday warned of strike demanding early revision of wages, incentives and ... Read more...

Posted in Business |

Wage hike dips BEL net 61 percent in fourth quarter


April 27th, 2010 - 8:50 pm ICT by IANS
Bangalore, April 27 (IANS) State-run Bharat Electronics Ltd (BEL) posted a net profit of Rs.216 crore for the fourth quarter (January-March) of the 2009-10 fiscal-a 61 percent decline from Rs.559 crore over ... Read more...

Posted in Business |

Ex-servicemen hold protest, demand equal pension (Lead)


March 14th, 2010 - 7:54 pm ICT by IANS
New Delhi, March 14 (IANS) A delegation of retired defence personnel Sunday marched to Rashtrapati Bhavan to return over 5,000 gallantry and meritorious service medals and submitted a memorandum signed in ... Read more...

Posted in Uncategorized |

Bosch lifts lockout following truce with labour (Lead)


March 13th, 2010 - 12:42 am ICT by IANS
Bangalore, March 12 (IANS) Automotive component major Bosch Ltd decided to lift the lockout Saturday at its plant on the outskirts of this tech hub following an agreement with its workers in ... Read more...

Posted in Business |

Bosch defers lockout at main plant, wage talks on


March 12th, 2010 - 9:30 pm ICT by IANS
Bangalore, March 12 (IANS) Automotive component major Bosch Ltd Friday withdrew notice to declare lockout at its main plant in this tech hub as negotiations were on with workforce on wage hike, ... Read more...

Posted in Business |

Bosch threatens second lockout as workers remain adamant


March 11th, 2010 - 8:29 pm ICT by IANS
Bangalore, March 11 (IANS) Automotive components major Bosch Ltd Thursday threatened to declare lockout at its main plant in the city as its agitated workers remained adamant over wage revision and healthcare ... Read more...

Posted in Business |

Lockout in Bosch plant as staff strike for wage hike


March 9th, 2010 - 8:20 pm ICT by IANS
Bangalore, March 9 (IANS) Automotive component major Bosch Ltd declared a lockout at its Naganathapura plant on the outskirts of the city after employees went on a tool down strike demanding a ... Read more...

Posted in Business |

Strike affecting SAIL’s operations in Durgapur


February 16th, 2010 - 8:28 pm ICT by IANS
Kolkata, Feb 16 (IANS) The ongoing strike by contract workers at the Steel Authority of India Ltd's (SAIL) plant at Durgapur in West Bengal has been adversely affecting the operations at the ... Read more...

Posted in Business |

Heavy Engineering union wants first IPO for employees


February 2nd, 2010 - 8:11 pm ICT by IANS
Ranchi, Feb 2 (IANS) The trade union of Heavy Engineering Corporation (HEC) Tuesday demanded that the first Initial Public Offer (IPO) of the company be restricted only for the employees. "We are not ... Read more...

Posted in Business |

Wage revision talks Tuesday with insurance unions


December 21st, 2009 - 2:18 pm ICT by IANS
Chennai, Dec 21 (IANS) The General Insurers (Public Sector) Association of India (GIPSA) has called for a new round of talks Tuesday with the unions of four government-owned non-life insurance companies after ... Read more...

Posted in Business |

Haldia Petrochemicals contract workers go on strike


November 21st, 2009 - 9:34 pm ICT by IANS
Kolkata, Nov 21 (IANS) Over 1,500 contract workers of Haldia Petrochemicals Ltd (HPL) began an indefinite strike Saturday in support of a charter of demands including wage revision and increase in allowance. The ... Read more...

Posted in Business |

Hyundai’s new chief, workers hope for cordial ties


November 17th, 2009 - 5:23 pm ICT by IANS
Chennai, Nov 17 (IANS) Hyundai Motor India's new managing director and chief executive Han Woo Park as well as workers are hoping for cordial industrial relations at the company's two plants near ... Read more...

Posted in Business |

CIL production up, but profit before tax declines


October 6th, 2009 - 8:45 pm ICT by IANS
Kolkata, Oct 6 (IANS) Coal India Limited (CIL), the country's biggest miner, saw its gross profit dip by about 20 percent in the first half of the current fiscal despite a 9.9 ... Read more...

Posted in Business |

Coal India hikes production target by 7.7 percent


August 28th, 2009 - 8:54 pm ICT by IANS
Kolkata, Aug 28 (IANS) State-owned Coal India Ltd (CIL) has increased its production target for the current fiscal by 7.7 percent, a top official said here Friday. "Last year, our production growth rate ... Read more...

Posted in Business |

BSNL employees strike affects telecommunication services in country


August 19th, 2009 - 10:00 pm ICT by ANI
New Delhi/Kolkata, Aug.19 (ANI): The strike call given by employees of Bharat Sanchar Nigam Limited (BSNL) affected telecommunication services across the country on Wednesday.While the United Forum of BSNL Unions has called ... Read more...

Posted in National |

Employees’ strike won’t hit operations: BSNL (Lead, Changing dateline)


August 19th, 2009 - 8:15 pm ICT by IANS
New Delhi, Aug 19 (IANS) State-run telecom major Bharat Sanchar Nigam Ltd (BSNL) has said a two-day strike by its employees starting Wednesday would not affect its operations. "BSNL has made adequate ... Read more...

Posted in Business |

BSNL workers demand higher raise, to go on strike


August 18th, 2009 - 5:39 pm ICT by IANS
New Delhi, Aug 18 (IANS) Around 150,000 workers at the state-run telecom major Bharat Sanchar Nigam Ltd (BSNL) will go on a two-day strike from Wednesday demanding a higher wage revision, a ... Read more...

Posted in Business |

Banker’s strike enters second day, operations affected


August 7th, 2009 - 3:34 pm ICT by ANI
New Delhi, Aug 7 (ANI): Normal-banking operations continued to be affected by a public sector banks employee's strike on Friday.Cheque clearings were hit badly on Thursday and ATM may go dry ... Read more...

Posted in National |

Bank employees stage protest in New Delhi, Kolkata


August 6th, 2009 - 9:51 pm ICT by ANI
New Delhi / Kolkata, Aug 6 (ANI): Bank employees in the national capital took to streets on Thursday following the nationwide strike, which was announced after talks between the United Forum ... Read more...

Posted in National |

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