Bajaj Allianz Life to disburse Rs 1,201 cr as bonus for FY23 to participating policyholders
Bajaj Allianz Life has declared a bonus of Rs 1,201 crores for its participating policyholders, which includes a regular reversionary bonus of Rs. 872 crores and a Terminal & Cash bonus of Rs. 329 crores.
China: iPhone supplier Foxconn boosts pay in biggest production plant
Beijing/IBNS: Apple supplier Foxconn said it has quadrupled daily bonuses at a major iPhone production plant after a breakout by workers during a Covid lockdown.
Cabinet approves Productivity Linked Bonus to railway employees for the FY 2020-21
New Delhi/IBNS: The Union Cabinet Wednesday approved the Productivity Linked Bonus (PLB) equivalent to 78 days' wages for the financial year 2020-21 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel).
Cabinet approves productivity linked bonus and non-productivity linked bonus for 2019-2020
New Delhi: The Union Cabinet chaired by the Prime Minister Narendra Modi, has given its approval to pay Productivity Linked Bonus (PLB)for the year 2019-2020 to 16.97 lakh non-gazetted employees of commercial establishments like Railways, Posts, Defence, EPFO,ESIC,etc.will be benefitted and the financial implication would be Rs.2,791 crore.