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States » South


Telangana - Singareni employees to get Rs 278.28 Cr as bonus on Oct 23rd

Hyderabad, Oct 13 (UNI) Telangana Chif Minister K Chandrashekar Rao on Tuesday approved a profit bonus of 28 percent to employees of the Singareni Collieries Company Limited (SCCL).
This works out to Rs 278.28 crore out of the profit of Rs 993.86 crore, the mining company achieved during the year 2019-20.
In a statement here on Tuesday, the Mining Company Chairman and Managing Director Mr N Sridhar said the bonus will be disbursed to the employees on October 23 and on an average each employee would get a profit bonus of Rs 60,468.
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