Source:NDTV Profit - Representatives of United Forum of Bank Unions (UBFU), comprising mainly of PSU (public sector unit) bank employees, today met Finance Minister Arun Jaitley and sought his intervention for early settlement of wage revision negotiations. "We submitted
11.56 AM Jun 28th 2014
a standalone basis we did a total operating margin or EBITDA margin of around 23-24 percent. The agreement due for the wage revision is effective January 1, 2015 in Assam and we have almost 90 percent of our production coming in from Assam and so, the wage revision impact will be minimal in this year
2.54 PM Jun 9th 2014
Sell. El Nino reduced production. Confirmed by Jayshree tea and Mcleod Russel. Meaning cost of production remains same. But production lesser by around 40%. Tea prices will rise by around 10%. Wage revisions will take toll. Net profit is going down for all tea companies.
1.18 PM Jun 9th 2014
Source:Economic Times - NEW DELHI: Steel giant SAIL registered a marginal 1.35 per cent increase in net profit to Rs 452.58 crore in the January-March quarter, affected mainly by wage revision provisions and higher expenses. State-owned Steel Authority of India had posted a profit of Rs 446
1.57 PM May 29th 2014
Source:Calcutta Telegraph News - New Delhi, May 28: Steel Authority of India Ltd’s (SAIL) standalone net profit rose just 1.35 per cent to Rs 452.58 crore during the quarter ended March from Rs 446.53 crore in the same period a year ago. The marginal growth in profit has been attributed to wage
1.57 PM May 29th 2014
Source:Economic Times - KOLKATA: Banking services were crippled on Monday as bank employees across regions begun a two day strike rejecting Indian Banks` Associations 10% hike offer. Wage revision in public sector banks is due since November 2012. At the last tripartite wage settlement in 2007
2.25 PM Feb 11th 2014
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