Ruby Mills management decides to rollback salary cuts
Wed, Jan 20, 2021 5:30 PM

Ruby Mills management decides to rollback salary cuts

A Flip by Flipitnews
Get it on Google Play
Ruby Mills Limited informed on Tuesday about their decision to roll back 50% of the salary cut effected since June 2020 for all the employees of the Company except the Promoter Directors. There was a graded salary-cut up to 30% which was effective since June 2020 due to Covid-19. The company's stock ended at Rs203.15 per piece up Rs1.45 or 0.72% from its previous closing of Rs201.70 per piece.

More great flips

Nayara announces foray into ethanol production with investment of  ₹600 cr

Nayara announces foray into ethanol production with investment of ₹600 cr

Rosneft-backed Nayara Energy Ltd has announced an investment of ₹600 crore to establish two ethanol plants in Andhra Pradesh and Madhya Pradesh, each with a production capacity of 200 kilolitres per day. The move, in line with the government's 2025 ethanol-blending target, will help the oil-refining to fuel-retailing major achieve vertical integration, the company said in a statement.

Open Flip
US airlines forecast record 2024 summer travel, up 6.3% over 2023

US airlines forecast record 2024 summer travel, up 6.3% over 2023

A group representing major U.S. airlines forecast record summer travel with carriers expected to transport 271 million passengers, up 6.3%.Airlines for America said Tuesday that U.S. carriers plan to fly more than 26,000 daily flights this summer, up nearly 1,400 over 2023, or 5.6%, when they carried 255 million passengers.

Open Flip
Repco Home Finance's net profit up 31.63% in Q4 FY24

Repco Home Finance's net profit up 31.63% in Q4 FY24

Repco Home Finance has reported a growth of 31.63 per cent in its net consolidated profit during the quarter ended March 31, 2024. Its profit after tax stood at Rs 108.07 crore in Q4 FY24 as against Rs 82.10 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net consolidated total income stood at Rs 397.19 crore.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon