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HRKatha

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ONGC faces operational losses amid employee protests over overtime pay

  • ONGC is facing financial losses at its Assam operations due to declining production levels and a large workforce.
  • Employees protested the discontinuation of certain overtime payments, leading to internal unrest at the company.
  • ONGC clarified that the overtime compensation was beyond admissible provisions and the decision to withdraw it aligns with regulatory compliance.
  • Despite the challenges, ONGC remains committed to Assam, continuing to hire locals and investing in development programs in the region.

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