Pay Rs 50-cr Diwali bonus to 40,000 workers, BMC told

Last Updated: Wednesday, August 8, 2012, 23:02

The Bombay High Court asked BMC, the largest civic body in Maharashtra, to pay Diwali bonus to over 40,000 employees who had gone on a two-day strike paralysing essential services in September 2011.

Barclays' ex-CEO Bob Diamond to forego 20 mn pounds in bonus

Last Updated: Tuesday, July 10, 2012, 19:33

Under fire in the interest rate-fixing scam, Bob Diamond, former CEO of Barclays Bank, has decided to forego 20 million pounds (about Rs 171 crore) in bonus and will receive salary and benefits to the tune of more than 2 million pounds (about Rs 17 crore).

Majola will have to repay IPL bonus

Last Updated: Monday, April 30, 2012, 10:45

Suspended Cricket South Africa CEO Gerald Majola will have to repay the almost two million rands that he paid himself as bonus during the 2009 IPL.

Majola suspected he was victim of hatchet job: Close friend

Last Updated: Wednesday, March 14, 2012, 22:20

A close friend of Gerald Majola has lashed out at the Nicholson inquiry, which has called for the embattled Cricket South Africa chief to be suspended.

OIL clears 3:2 bonus shares, interim dividend of Rs 10 a share

Last Updated: Saturday, February 11, 2012, 18:30

State-owned explorer Oil India on Saturday said its board of directors have agreed to issue 3:2 bonus shares -- three shares for every two held.

Morgan Stanley CEO to receive $10.5 million

Last Updated: Saturday, January 21, 2012, 08:48

Morgan Stanley Chief Executive James Gorman was awarded a USD 10.5 million bonus for 2011, down 25 percent from the previous year, according to a source familiar with the matter.

PSUs issuing bonus shares may be given better govt appraisal

Last Updated: Thursday, January 12, 2012, 16:20

Cash-rich PSUs like NTPC, BHEL, SAIL, ONGC and IOC which will issue bonus shares, largely accruing to the government, may get a better annual performance appraisal, sources said.

Govt ask cash rich PSUs to issue bonus shares

Last Updated: Monday, December 19, 2011, 22:03

The government has asked cash rich PSUs to issue bonus shares to bring about a proper balance between paid up capital and accumulated reserves, a move aimed at improving market image of state run firms.

Bacher rejects Majola`s R5m World Cup bonus allegation

Last Updated: Wednesday, December 7, 2011, 15:35

Ali Bacher has rejected claims by Gerald Majola that he set the precedent for huge bonuses by taking a five million rands payment after the 2003 World Cup.

Wall Street bonuses set to fall by 20-30% in 2011: Survey

Last Updated: Tuesday, November 8, 2011, 23:38

Dismal economic recovery and uncertainty in the world markets have eaten into the generous bonuses doled out to Wall Street executives, who will see a 20-30 fall in their year-end incentive payouts this year, according to a survey.

CSA turmoil deepens, Sports Minister warns of sackings

Last Updated: Monday, October 17, 2011, 12:31

The turmoil in Cricket South Africa due to the allegedly irregular bonuses paid to its CEO Gerald Majola during the 2009 IPL has deepened.

Coal India workers on 1-day strike for higher bonus

Last Updated: Monday, October 10, 2011, 15:22

More than 300,000 workers at state-run Coal India, the world's largest coal miner, have gone on a one-day strike demanding higher annual bonus, senior company and union officials said on Monday.