Coal India Ltd, the world's largest coal miner, will pay its executives about 8 billion rupees ($124.08 million) in salary rises retroactive from January this year, interim chairman Gopal Singh told Reuters. The pay increase, which was approved by the board last week, comes over a month after the company approved a rise in the salaries of its workers, costing 56 billion rupees over five years. The company employs more than 300,000 people, about 18,000 of whom are executives.
Coal India to raise executive salaries at cost of Rs 8 bn from January
The company employs more than 300,000 people, about 18,000 of whom are executives