Nov 29, 2020, 02:52 PM

News:

MyKidsDiary.in :: Capture your kids magical moment and create your Online Private Diary for your kids


Coal India recruits 343 freshers this season

Started by rajoe, Apr 06, 2009, 04:00 PM

previous topic - next topic
Go Down

rajoe

Coal India recruits 343 freshers this season


NEW DELHI: Coal India has hired 343 freshers from prestigious IITs and IIMs in the current placement season, more than double the number it had
hired last season, even as its global peers like Rio Tinto and BHP Billiton have cut jobs amid global economic crisis.

"We have hired 343 professionals this year from leading institutes like IITs, IIMs," Coal India Chairman Partha S Bhattacharyya said in an interview.

Last year, the firm had recruited 150 management trainees. The fresh recruits have been offered an annual pay packet of Rs 6 lakh, Bhattacharyya said.

Navratna PSU Coal India (CIL) at present has a workforce of 4,16,000, of which 16,000 are executives and the rest miners. The company expects its strength to fall to 3,80,000 in next two years on account of normal retirements.

"Our workforce would come down to about 3,80,000 by the terminal year of the present plan period (2011-12) by way of normal retirements," he said, adding the company would not go for any forced job cuts to achieve more efficiency.

It, however, plans to redeploy its employees to more productive mines and also shut down mining operations at some of the unviable locations.

"This (thought) is at its initial stage. We would discuss it in the Apex Committee on Production and Productivity, before coming out with such a plan,

source: economic times

Go Up
 

Quick Reply

With Quick-Reply you can write a post when viewing a topic without loading a new page. You can still use bulletin board code and smileys as you would in a normal post.

Warning: this topic has not been posted in for at least 120 days.
Unless you're sure you want to reply, please consider starting a new topic.

Note: this post will not display until it's been approved by a moderator.
Name:
Email:
Verification:
Please leave this box empty:

Type the letters shown in the picture
Listen to the letters / Request another image

Type the letters shown in the picture:

shortcuts: alt+s submit/post or alt+p preview
IT Acumens Web Designing Chennai | GinGly :: Build your Personal Website | CineBuzz :: Cinema News | My Kids Diary :: Kids Memories Writing :: Book Website @ 349 Rs monthly
Copyright 2005 - 2020 :: IT Acumens :: All Rights Reserved. :: Sitemap
ITAcumens Discussion Forum with 2 lakhs post running for 15 years - Powered by IT Acumens Dedicated Server