Thursday, 19 Jan 2012
Reuters cited Mr Sriprakash Jaiswal coal minister as saying that State-run Coal India Limited is not expected to raise prices after it finalises a wage increase agreement with its workers later this month.
Coal India last week said it will sign a five-year agreement with workers unions to increase wages by 25%, adding about INR 40 billion to its annual wage bill.
(Sourced from Reuters)
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