EU mulls cut in executive salaries of listed companies

Last Updated: Sunday, March 10, 2013, 15:44

After reaching an agreement last week to cap bankers' bonuses, the European Union plans to rein in the salaries of managers and board members of all stock exchange listed companies across the EU block.

Wife`s salary can influence sex life, says study

Last Updated: Saturday, February 9, 2013, 12:56

Men whose wives earn more income are more likely to use erectile dysfunction medication than those who outearn their wives, even when the inequality is small, according to a new study.

Russians' salaries to double by 2030

Last Updated: Wednesday, January 30, 2013, 18:34

In line with the forecast, pensions will more than triple by 2030.

Govt tells Kingfisher to clear all dues to get flying permit

Last Updated: Tuesday, January 22, 2013, 19:48

The government on Tuesday made it clear that grounded Kingfisher Airlines would not be allowed to fly till it cleared all its dues, including pending salaries of its staffers.

Kingfisher pays May salary to low rung staff

Last Updated: Friday, November 16, 2012, 22:04

The grounded Kingfisher Airlines Friday started paying salary for the month of May to its lower level staff and some cabin crew while there was no word about salary dues of pilots and engineers.

Govt warns of strict action against shipping companies

Last Updated: Wednesday, November 14, 2012, 21:34

The government on Wednesday warned of a "strict" action against those shipping companies which fail to pay salaries to their seafarers.

Hyundai fixes wage agreement with workers, to give Rs 13k hike

Last Updated: Friday, October 19, 2012, 09:03

The country's second largest car maker Hyundai Motor India on Friday said it will hike the salaries of its workers at Chennai plant by up to Rs 13,000 under a three-year wage settlement agreement.

Infosys to raise salaries of Indian employees by 6%

Last Updated: Friday, October 12, 2012, 15:26

In a move that will bring respite to its employees, IT major Infosys on Friday said it will increase salaries for its staff in India by about six percent.

Notices to 64 schools for charging excess fee: Gov

Last Updated: Friday, September 28, 2012, 19:15

The city government told the Delhi High Court that it has started issuing notices to 64 private schools to refund the excess fees charged by them in 2009.

AI to pay salary, allowances due to its employees by month end

Last Updated: Tuesday, September 25, 2012, 22:42

Civil Aviation Minister Ajit Singh was keeping a close watch on the airline's situation and has asked Air India to make up-to-date payment of all dues to its employees.

Indian IT companies among 10 worst paymasters in world

Last Updated: Sunday, September 9, 2012, 10:41

Indian companies are among the world's 10 lowest paying employers in the IT space, with their mid-to-senior level staff getting an average salary of USD 38,767 (about Rs 21.5 lakh) per annum -- less than one-fourth of the IT pay package at globally top-paying Swiss firms.