New Delhi, 23 rd May, 2022: Steel Authority of India Limited (SAIL) has declared its financial results today for the quarter and year ending 31 st March, 2022 (FY'22).. During FY'22, the company has clocked its best-ever performance in production and sales while achieving an all-time high revenue from operation of Rs.1,03,473 Crore and EBITDA of …Sources had told on June 12 that the company's board has decided to "dissolve the RMD and transfer control of its mines to Rourkela Steel Plant and Bokaro Steel Plant (Jharkhand) depending on ...

The Official Website of SailGP, the global sailing league. Get the latest sail racing news, calendar, results, rankings and schedule.SAIL turnaround a challenging experience in 36-year-long career, says outgoing Chairman. Anil Kumar Chaudhary who had joined SAIL as a Junior Manager in 1984 would be superannuating from the top post on December 31, 2020 after serving the company for almost 36 years in various roles. 29 Dec, 2020, 12.11 PM IST.

However, the issue of bonus was settled as SAIL management decided to pay a bonus of Rs 21,000 per employees while trainees would be paid a bonus of Rs 19,000. This amount will reach the employees' account by October 9. Last year, SAIL employees received a bonus of Rs 16,500.Revised Performance Related Pay Scheme will be effective from FY 2020-21 as per OM dated 03.08.2017 issued by DPE with the approval of Remuneration Committee. Concept of variable Perks and Allowances shall be continued and will be 35% of the revised Basic Pay and shall be payable w.e.f. 01.04.2020. The allowances beyond the limit of 35% Le.

Steel Ministry Clears Proposal For Wage Revision Of SAIL Executives And Non-Executives The much awaited good news for SAIL employees gets the ministerial nod . By Vivek Avasthi November 18, ... Latest Updates. NEWS. Ministry Of Coal Signs 16 Agreements With Successful Bidders Of Coal Mines. August 17, 2022 ...The agency reviewed the new wage orders during a meeting last Friday. On May 18, the Cagayan Valley wage board granted an increase of P1,000 in the monthly salary of domestic workers in the region ...

The long-awaited salary revision for Steel Authority of India (SAIL) employees has finally seen the morning sun as settlement has been reached between unions and SAIL top Management. Employees will get a benefit of 13 percent increase in Minimum Guarantee Benefit and 26.5 percent increase in perks.The Regional Tripartite Wages and Productivity Board – NCR issued Wage Order No. NCR-23 on 13 May 2022 that granted a wage increase of PhP33 bringing the new minimum wage rate to PhP570 and PhP533 for workers in the non-agriculture and agriculture sectors, respectively. It is expected to protect around one million minimum wage earners […]

Following the meeting of SAIL's Board of Directors, the audited financial results for 2021-22 are likely to be declared in a couple of days.Diwali is gone but money is money ! Union Minister for Steel, Shri R.C.P. Singh has signed the file pertaining to the wage hike of SAIL employees, which was stuck for almost three weeks now. Over 55 thousand Non-Executives and 14,00 Executives of behemoth PSU, Steel Authority of India Limited (SAIL) can now be in …

Stay on top of latest national minimum wage news stories and find out what just happened, what is going on with national minimum wage. ... Seafarer minimum wage laws set sail. 10 May 2022 3:50 pm AEST. Annual Wage Review Ai Group's Reply Submission. ... IMF Executive Board Concludes 2021 Article IV Consultation with Cyprus.SAIL Pay Scale Salary Designation Allowance Matrix After 7 th Pay Commission . SAIL, aka the Steel Authority of India is one of the top iron and steel makers of our country. The company has the capability of producing both basic and special steel for construction, power, railway, automotive and defense projects.

SAIL News SAIL Track SAIL Videos Corporate Citizenship Corporate Citizenship Sustainability Report Integrity Pact Peripheral Development ... BOARD LEVEL. GRADE: PAY SCALE: Sch A: 80000-3%-125000: Sch B: 75000-3%-100000: EXECUTIVES. GRADE: PAY SCALE: E0: 12600-32500: E1: 20600-50500: E2: 29100-54500: E3: 32900-58000: E4: 36600-62000: E5:New Delhi: The Appointments Committee of the Cabinet (ACC) has approved the restructuring of the Board of Steel Authority of India Limited (SAIL). The four posts of the Chief Executive Officers (CEOs) of integrated steel plants of SAIL are to be elevated as functional directors, by designating them as Directors-in- charge of Bokaro, Rourkela ...

SAIL Employees Wage Revision – Deadlock Remains As Meeting Fails To Reach Consensus ... Selection Board Of Coal India Limited Recommends Four Officials To Be Promoted As Executive Directors. July 31, 2022. Latest Updates. NEWS. Ministry Of Coal Signs 16 Agreements With Successful Bidders Of Coal Mines. August 17, 2022. Aegon Life …The Code on Wages, 2019 has mentioned the various timelines for making payment of salaries, full and final settlement (if an employee resigns). The new law has shortened the timeslines for making payment to employees as compared to the current rules. Read on to know by when your employer is required to credit salary in your bank account.

The wage settlement was cleared pursuant to Memorandum of Understanding dated January 1, 2014 and approval of the SAIL Board as well as clearance of Ministry of Steel," SAIL said. An RINL official said that the move would benefit around 12,000 non-executives of the company.SAIL Q4 results: Net profit up 31% at Rs 3,470 crore During the quarter under review, the company's total income rose to Rs 23,533.19 crore, from Rs 16,574.71 crore in the year-ago period. Total expenses were at Rs 18,829.26 crore, as against Rs 11,682.12 crore a year ago. 11 Jun, 2021, 11.39 AM IST

second phase of Transport Secretary's 9-point plan on seafarer pay protection begins. Tens of thousands of seafarers must be paid an equivalent to UK national minimum wage in a major step forward on pay protection, confirmed today (10 May 2022) by the government. Following P&O Ferries' decision to sack 800 workers, the government is ...wage board News Centre asks states to implement Majithia wage board PTI /Jul 24, 2017, 18:41 (IST) New Delhi, Jul 21 () The Centre today reviewed status of implementation …

The three-member board is considering the existing 60-hour-per-week overtime threshold for farm workers in New York State "and the extent to which the overtime work threshold may be lowered.". Some worker advocate groups want the threshold dropped to 40 hours per week; farm advocates are pushing back vigorously to keep the bar at its ...Business Standard News: Check out Steel Authority of India (SAIL) latest news, breaking news headlines from Business Standard News | Page 1 ... Steel Authority of India Ltd. (SAIL) - Latest News & Headlines. SAIL Q1 results: Net profit declines 79% to Rs 804 cr; revenue rises 16%. 12.08 am | 11 Aug 2022 ... AGM Board Meetings Bonus Dividends ...