Coal India is mulling to increase salary of its executives, which may cost the company about Rs 800 crore. The pay revision of nearly 18,000 executives of the PSU is due from January 1, 2017.
The State-owned company had last month signed a wage pact with workers' unions for five years which would have an estimated impact of Rs 5,667 crore annually on the miner.
Coal India is the world's largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.
| Company Name | CMP |
|---|---|
| Coal India | 450.60 |
| NMDC | 87.33 |
| GMDC | 682.70 |
| Sandur Manganese | 209.35 |
| MOIL | 322.25 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: