State-owned Coal India (CIL) has become the third most valuable Indian company with a total market capitalisation (m-cap) of 2,09,671.6 crore and lags behind only RIL and Oil and ONGC. The coal behemoth added another feather to its cap last week when it replaced IT giant TCS to become the India's third most coveted firm. CIL added. 7,611.2 Crore to its valuation on Friday. According to market analysts, investors are optimistic about the stock and looking at the cash balance of the company it is likely that it may go for acquisitions either in the domestic space or overseas. Meanwhile, the cumulative market valuation of eight of the top-10 firms reduced by 57,044.1 crore in the past week. RIL, the country's most valued firm, witnessed a wealth erosion of 21,270.5 crore. Yet, with an m-cap of 3,26,207 crore this week-end, it still maintained its top rank in the top-10 companies as per their valuations.
Buy Group Health Insurance Online For Human Resources, the biggest challenge today is to decide whether medical benefits should be offered to employees or not, what type of plans should be offered, what will be the cost and how will the cost be split between employees and employer. Well, most of these are subjective and would depend on a lot of factors including company size, average employee salary, etc. However, this article will give you a fair idea on how you should go about deciding these factors: 1. Why offer group health insurance benefit to employees : Studies have proved that retention rates among employers offering GHI are much higher than the ones who are not offering. Moreover, the cost of providing this benefit as a percentage of salary is very low as compared to the perceived value. As an example, say if average salary of an employee in your organization is 4 LPA. If you decide to offer a health insurance benefit to him for a Sum insured of ...
