Tata Steel’s management, workers union sign pact for annual bonus payment
15th Sep 2020

Tata Steel’s management and Tata Workers Union have signed a Memorandum of Settlement for payment of annual bonus for the accounting year 2019-20. Despite a difficult year due to COVID-19, Tata Steel honoured its three-year commitment to ensure complete bonus payment to employees.

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.