TVS Motor Company has decided to reduce salaries at executive level, barring entry-level workmen, from May till October this year.
If the amount is released in the first quarter of the fiscal, it will be helpful for the government to implement piped drinking water project and drainage scheme, Sushil Kumar Modi said
Coronavirus impact: SpiceJet says pilots will not get salaries for April, May; cargo flight staff will be paid
SpiceJet on Wednesday told its pilots that they will not be paid salaries for April and May, and said those who have been operating cargo flights will get paid for "block hours flown"
Coronavirus Outbreak: Airtel to pay April salaries of nearly 25,000 staff employed by distributors, retail franchisees
Airtel has decided to pay the basic income for April to nearly 25,000 employees of its distribution partners and retail franchisee network to help them tide over the unprecedented situation arising out of the ongoing lockdown to contain the spread of Covid-19
Coronavirus Outbreak: Air Deccan ceases operations, all employees put on sabbatical without pay; management to hold meeting next week
While other airlines have introduced various cost cutting measures such as laying off pilots, leave without pay and salary cuts, Air Deccan is the first casualty of the coronavirus pandemic.
As the coronavirus pandemic continues to hit businesses and the global economy, Indian businesses have put its best foot forward to solve this crisis and has come together like never before
Jet Airways crisis: Airline's domestic pilots body serves legal notice, sets 14 April deadline to clear salary dues
Jet Airways domestic pilots body, the National Aviators Guild (NAG) on Tuesday served a legal notice to the airline, setting 14 April deadline for the new management to clear their salary dues
Jet Airways to clear September salary dues on 4 December; to come out with revised payment schedule soon
Jet Airways pilots had last week threatened not to perform additional duties from 1 December if their salary dues were not cleared by 30 November.
The Naresh Goyal-controlled Jet Airways is struggling to mop up funds to meet its payment obligations, including salaries to its over 16,000-strong workforce.
Wipro CEO Abidali Neemuchwala's pay package up 34.5% to Rs 18 cr in FY18; Azim Premji's by 10.13% to Rs 87 lakh
Wipro's Chief Strategy Officer (CSO) Rishad A Premji's compensation also grew by more than 250 percent to Rs 5.8 crore in the said fiscal.
State-owned banks on two-day nationwide strike from 30 May, confirms union; ATMs, salary could be hit, but no reason for panic
Apex bank union AIBEA boss C H Venkatachalam warns of likely cash crunch on Wednesday, Thursday #BankStrike #ATMs #CashCrunch #2DayBankStrike
Prasar Bharati staff salaries amounting to Rs 208 crore released from reserves, clarifies CEO SS Vempati
Prasar Bharati CEO SS Vempati clarified that Rs 208 crore released by the public broadcaster towards staff salaries on 28 February, 2018 were from its reserves.
A two-member committee has been formed by the Delhi government to draft the terms and conditions for appointment of the chairman and members of the Waqf Tribunal.
Various trade union leaders have claimed that 33 lakh central government employees have rejected Modi government’s overall 23.5 percent pay hike bonanza based on Seventh Pay Commission recommendations and would go on indefinite strike from 6 am, 11 July.
The basic monthly salary of Delhi MLAs and ministers is all set to go up by a whopping 400 per cent besides significant hike in a slew of allowances with the assembly on Thursday approving a bill to effect the increase considering rising cost of living.
Kejriwal also appealed to the MCD (Municipal Corporation of Delhi) employees to protest outside the residences of the central government’s ministers if they don’t get salaries for June, because the Delhi government was “left with no money”.
Salaries of top executives are likely to see double digit rise this year with compensations of CEOs and Managing Directors expected to grow by 10.2 percent and of those in senior management by 10.5 percent.
Beleaguered airline SpiceJet has not just failed to submit a comprehensive revival plan to the government so far, even as its dues towards the Airports Authority of India (AAI) mounted to Rs 240 crore but has also deferred salaries to its staff in December as it waits for a life-saving fund infusion.
While Prime Minister Narendra Modi during his Varanasi visit last week emphasised on the need for good teachers in the country, the grim situation for those involved in teaching in schools in India shows us why not many in the next generation want to take up the profession.
Will the promoters, the Marans, decide to pump in more money into the cash-strapped airline? Or will they announce the status of talks with any potential investor? Because if neither decision is taken, then it only means the Marans will let the airline struggle with mounting dues, exhortations from multiple lenders and dwindling prospects of any revival.