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Tag: SAIL LTD

SAIL approves VRS for 1,269 employees at a cost of Rs 254 cr

2017-12-202018-01-08 | Sanjay Kumar
SAIL approves VRS for 1,269 employees at a cost of Rs 254 cr

Steel Authority of India Ltd, one of India’s top steelmakers, said it has approved giving voluntary retirement compensation to 1,269 employees totaling Rs 254 cr. The figure comes to about Rs 20 lakhs per employee on average. VRS 2017, as the scheme is called, will result in savings of Rs 127 cr per year for […]

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