news-details
Economy

Tata Steel Announces Rs 270.28 Crore Annual Bonus For 2020-21: Report

The minimum and best anniversary benefit payable will be Rs 34,920 and Rs 3,59,029 respectively.

Private animate above Tata Animate will pay a absolute of Rs 270.28 crore as anniversary benefit for the accounting year 2020-2021 to its acceptable advisers of all applicative analysis /units of the company, a absolution said. A Memorandum of Settlement was active on Wednesday amid Tata Animate and the Tata Workers' Union, for acquittal of anniversary benefit for the accounting year 2020-2021, the absolution issued by the aggregation said.

The absolute payout for acceptable advisers of all applicative divisions/ units of the aggregation will be Rs 270.28 crore. Out of this, assorted capacity at Jamshedpur including Tubes, an bulk of Rs 158.31 crore will be given. The minimum and best anniversary benefit payable will be Rs 34,920 and Rs 3,59,029 respectively.

T V Narendran, CEO & MD, Atrayee Sanyal, Vice Admiral (HRM) and added chief admiral active on management's anniversary while Sanjeev Kumar Choudhary, president, Tata Workers Union, Shailesh Kumar Singh, agent president, Tata Workers' Union, Satish Kumar Singh, accepted secretary, Tata Workers' Union and added appointment bearers active on Union's behalf.

Further, a Memorandum of Acceding has additionally been active amid the animate aggregation and the Indian National Metal Workers' Federation (INMWF) and Rashtriya Colliery Mazdoor Sangh (RCMS). Absolute payout on anniversary of anniversary benefit at Coal, Mines and FAMD is Rs 78.04 crore approximately.

Another Memorandum of Settlement was active on Wednesday amid Tata Animate and the Tisco Mazdoor Union. Absolute payout on anniversary of anniversary benefit for advance boutique is Rs 3.24 crore approximately.

The acceding was active by Avneesh Gupta, VP (TQM and E&P), Atrayee Sanyal, VP (HRM), and added chief admiral active on management's anniversary and Rakeshwar Pandey, president, Tisco Mazdoor Union, Adityapur, Shio Lakhan Singh, accepted secretary, Tisco Mazdoor Union and the added office-bearers active on Union's behalf. 

Tata Animate Reports Net Profit Of Rs 9,768 Crore In June Quarter

The Hottest Indian Stock Has Just Got Another Shot In The Arm

Tata Animate To Continue Salary For Families Of Advisers Who Die Of Covid

updates from India and about the world. Follow our appropriate advantage of Assembly

You can share this post!

Leave Comments