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TN Govt announces bonus for staff

Chennai, Oct 18 (UNI) The Tamil Nadu Government today announced 20 per cent bonus for employees of Forest, Plantation and Rubber Corporations and Poombuhar Shipping Corporation.

An official release here said 13,022 employees of forest, plantation and rubber corporations would benefit from the 8.33 per cent bonus and 11.67 per cent ex-gratia, which would cost the corporations Rs 454.60 lakh.

Considering the financial position of the Poombuhar Shipping Corporation, only C and D Group employees would be paid 8.33 per cent bonus and 11.67 per cent ex-gratia, the release said.

A total of 124 employees would get Rs 6000 each, the release added.

UNI WS GM 1910

10 killed as truck overturns on Bagodara highway

Ahmedabad, Oct 18 (UNI) Ten people were killed and four others injured died when a truck in which they were travelling overturned at Bhawanipura Patiya on the Bagodara-Kheda highway. The incident occurred late last night and the dead include two women and a child. The passengers were tribal labourers who had boarded the truck carrying wheat bags at Wankaner on their way to Dahod. The truck from Rajkot was on its way to Kheda.....

TCS starts dedicated outsourcing centre for Japan in Kolkata

Kolkata, Oct 18 (UNI) Tata Consultancy Sevices(TCS) today announced the launch of its dedicated Japan off-shore development Centre(J-ODC) here in a major initiative to establish Indian stake in the fast growing IT outsourcing market in Japan. " The J-ODC in the company's existing off-shore service facility for different countries will act as the main Indian hub of IT outsourcing operations for the companies in Japan, the second largest market in terms of technology spend.....

Union Bank poised for higher growth, expands branch network

Kolkata, Oct 18 (UNI) Public sector Union Bank of India, which has recorded over 20 per cent growth in total business during the first six months of the current fiscal to Rs 116,171 crores, has earned a net profit of Rs 361 crores during the same period, up by 19.93 per cent from the corresponding period of last year. Announcing the first half yearly result of the bank after an extended Board meeting at.....
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