Apprentices get at an average of Rs 10,000 to Rs 12,000 per month which can double after one year of on-the-job training.
The insurer had received nearly $80 billion last year from the US government to tide over the financial turmoil.
Tata Consultancy Services Ltd on Friday said its shareholders have approved the issue of bonus shares worth up to Rs 48.93 crore (Rs 489.3 million) to be paid in the ratio of 1:1.
India head coach Rahul Dravid was delighted to see the players identify themselves with Rohit Sharma's leadership principles.
For the full 2016-17, Wipro's profit fell nearly 5 per cent to Rs 8,518 crore while total income grew 7.4 per cent to Rs 57,995 crore compared to the previous fiscal.
Paris St Germain forward Kylian Mbappe said he has not made up his mind about where he will play next season as his contract enters its final six months.
Mukesh Ambani group firm Reliance Industries on Wednesday said it will issue one bonus share for every share held in the company.
Top executives on the board of the country's largest private sector lender, ICICI Bank, did not receive either performance bonus or stock options during the year ended March 2009, according to the bank's annual report.
Pro League: India women suffer second straight loss to Belgium
'Rishabh is very confident that he's going to be right to play.'
Nearly 13 years after it last issued bonus shares, India's second largest two-wheeler maker Bajaj Auto on Wednesday said that it is planning a similar move -- for which its board will meet on July 22.
Its callous perspective and comical treatment of a sensitive matter makes a complete hash of things, asserts Sukanya Verma.
TCS hopes the Rs 2,628-crore (Rs 26.28 billion) bonus to its employees will help contain the high attrition level.
US insurance giant AIG's plan to give massive bonuses of $165 million to its executives has drawn flak from the White House leaders, with President Barack Obama vowing to pursue legal measures to block these payments.
Dr Ravikant said the workers were thoroughly examined and their blood test, X-ray, and ECG reports were normal.
Tata Consultancy Services on Thursday said it will give out one-time bonus to employees that will be cost it Rs 2,628 crore.
While the outlook is pretty grim, at least compared to last year's $33.2 billion bonanza, compensation consultants expect a 30 per cent to 50 per cent decline in payouts this year, but billions will still flow.
The board of Mphasis BFL Ltd has recommended a bonus issue of equity shares in the ratio of one share for every one share held (1:1).
While the maximum bonus will be Rs 130,463, the minimum will be Rs 26,610.
Dynacons Systems & Solutions Ltd's board approved the issue of bonus shares in the ratio 1:1, and fixed February 24 as the record date.
As public distaste at taxpayer-funded bail-outs has turned to "bonus rage" directed at specific individuals, the fear of physical harm has grown appreciably. For a vilified few, they really are out to get you.
Cricket South Africa CEO Gerald Majola has reportedly been allowed to keep his IPL bonus, amounting to about a million rands despite reports that he had handed it back after it led to an inquiry against him.
The high salary game perhaps made sense when there was an economic boom. Now as a slowdown looms, it makes sense for all companies to take a leaf out of ICICI's book and to do a reality check.
Young pacer Harshit Rana is enjoying a dream run with the ball in IPL 2024.
Indian firms across sectors, especially small- and medium ones will see their annual wage bills increase from this financial year since the government has raised the eligibility limit for statutory bonus payments to those who earn Rs 10,000 a month (basic salary and dearness allowance).
The shareholders of Hikal Ltd have approved the issue of bonus shares in the ratio of one equity share for every two equity shares held.
Diamond's voluntary decision to give up deferred bonuses comes against the backdrop of rising public dissatisfaction over exorbitant pay packets doled out to bankers.
'I will never look down upon television. But do I want to do it again? I don't think so.'
'Merchandise plays a key role in creating buzz about a specific party.'
Red Bull's Max Verstappen started the season with a commanding Bahrain Grand Prix win from pole position.
Against predictions by most exit polls that the ruling Congress had an edge in the state, the BJP banked heavily on the charisma of the PM.
The 18-year-old also created history as he surpassed the legendary Viswanathan Anand to take the No 1 spot among Indian chess players in the live ratings.
Never got mentally down when people made fun of my weight: Neeraj Chopra in Fit India Champions podcast
In a determined bid to salvage Reliance Power's IPO, which received a severe blow on its listing day, group chairman Anil Ambani on Sunday announced three bonus shares for every five held by non-promoter shareholders to bring down the cost of acquisition from Rs 430 to Rs 269.
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