Wage Settlement News

Companies

Tata Motors signs wage settlement pact with Sanand plant workers

Under the wage settlement agreement, every permanent employee at Tata Motors' Sanand plant in Gujarat is to get Rs16,000 hike spread uniformally over the next 5 years

1 min read9 Jun 2017
Industry

IDBI Bank employees to go on strike on 12 April: AIBEA

Nearly 15,000 employees of IDBI Bank will participate in the nationwide strike scheduled on 12 April over settlement of pending wages, says AIBEA

1 min read1 Apr 2017
Opinion

Time to bury the wage pact in the banking industry

The benchmark for such a pact is the paying capacity of the weakest of the banks and this is unfair to the employees of strong and profitable banks

5 min read11 May 2015
Companies

Hero MotoCorp union sets 2-week deadline for wage settlement

The company says it is already one of the top paymasters and it is unfair of the union to make such demands

2 min read17 Jan 2013
Companies

Auto unions raise demands after Maruti wage settlement

Hyundai, Honda and Hero in talks with unions over wage demands

6 min read8 Oct 2012

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The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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