Government announces bonus for railway employees

October 9th, 2009 CHENNAI - Permanent and contract workers of mining-cum-power generation company Neyveli Lignite Corp (NLC) resumed duty Thursday night after concluding a bonus agreement with the management. "The talks between the management and the unions ended amicably late last night.

October 7th, 2009 MUMBAI - The board of Reliance Industries, India's largest private company, Wednesday recommended a dividend of Rs.13 per share and a bonus issue of one new share for each existing one. The announcement came after the closing bell for Indian equities markets, where the company's scrip, with a paid up value of Rs.10, had ended at Rs.2,099 on the Bombay Stock Exchange (BSE), down 1.57 percent or Rs.33.45 over the previous close.

September 17th, 2009 NEW DELHI - The Union Cabinet today approved the proposal of the Ministry of Railways for payment of Productivity Linked Bonus (PLB) equivalent to 75 days' wages for all eligible non-gazetted Railway employees. The move will benefit 13.05 lakh employees and it will cost the xchequer Rs 889 crore The salient features of the PLB scheme evolved as a result of review of the scheme and approval of the cabinet on September 23, 2000.

September 16th, 2009 KOLKATA - Tata Steel management has signed a bonus agreement with employees, the company said Wednesday. The agreement was signed for annual bonus to the employees of the steel major's Jamshedpur unit, including the tubes division, for 2008-09.

August 11th, 2009 Newspaper union to see Tribune bonus informationWILMINGTON, Del. — A federal bankruptcy judge in Delaware says a union representing newspaper workers can see details about the Tribune Co.'s proposal to give bonuses totaling up to $70 million to the company's top managers.

August 4th, 2009 Wyoming soda ash company announces layoffsGREEN RIVER, Wyo. — Another Wyoming soda ash producer is laying off employees because of the economic downturn.

July 9th, 2009 NEW DELHI - Union Railway Minister Mamata Banerjee is likely to reply to the general discussion on rail budget on Thursday in Lok Sabha. The Railway budget is still under discussion in both houses of parliament.

July 3rd, 2009 NEW DELHI - Several employee-friendly initiatives including medical colleges and nursing institutions for their children figured in Railways Minister Mamata Banerjee's budget for her ministry presented in the Lok Sabha Friday. The minister also announced advanced medical treatment for railway employees and special drive to recruit from the minority communities, the physically challenged and women as part of her budget proposals unveiled in the lower house of parliament.

June 10th, 2009 Consideration of Sun-Times bonus plan on holdWILMINGTON, Del. — The Sun-Times Media Group has asked a bankruptcy judge to delay consideration of proposed bonuses of up to $1.8 million for certain employees in the event of a successful sale of assets.

May 26th, 2009 KOLKATA - Railways Minister Mamata Banerjee, who broke convention Tuesday to take charge of her portfolio here instead of the national capital, said people earning below Rs.500 per month will be given monthly railway passes at Rs.20. "For the poor, we are announcing special monthly railway passes.

April 2nd, 2009 NEW DELHI - Rakesh Chopra, an officer of Indian Railway Service of Engineers (IRSE) of 1971 batch, has taken over as the new Member (Engineering), Railway Board and ex-officio Secretary to the Government of India. He took over from S.K.

February 12th, 2009 NEW DELHI - The financial transformation of the Indian Railways - which registered a huge turnover this fiscal - is different from the private sector that resorts to 'anti-people measures', Railway Minister Lalu Prasad Yadav claimed while presenting the interim railway budget in the Lok Sabha Friday. 'The transformation of the railways is fundamentally different from the financial turnaround witnessed in private sector companies,' Lalu said in his budget speech here.

January 25th, 2009 NEW DELHI - Union Railways Minister Lalu Prasad Monday announced a compensation of Rs.100,000 to the next of kin of the 12 people killed in a rail accident in Rae Bareli in Uttar Pradesh a day earlier. The accident, at Unchahar in Rae Bareli distict, occurred when a tractor-trolley was hit by the Kanpur-Allahabad passenger train while passing through an unmanned railway crossing level crossing.

January 22nd, 2009 RANCHI - Indian Railways Friday paid tributes to freedom fighter Netaji Subhas Chandra Bose by renaming a railway station in Jharkhand after him. Railways Minister Lalu Prasad announced the new name of the Gomo railway station that comes under the Dhanbad railway division.

December 22nd, 2008 RAIPUR - Keeping up its poll promises, Chhattisgarh's ruling Bharatiya Janata Party (BJP) announced Tuesday it would provide Rs.220 per 100 kg as a bonus amount to farmers during the ongoing government-sponsored paddy procurement drive. The announcement for bonus bonanza was made by Chief Minister Raman Singh after presiding over the maiden cabinet meeting at the state secretariat here.