Sahara employees face salary delays on liquidity crunch

Last Updated: Friday, February 27, 2015, 12:29

Sahara's long-drawn dispute with regulator Sebi over investor repayments has begun to take its toll on salaries of the group's employees, which are getting delayed amid a major liquidity crunch.

SpiceJet says it has started paying back to it creditors

Last Updated: Tuesday, February 24, 2015, 20:23

Budget carrier SpiceJet has started paying back to its creditors with the airline clearing all its dues related to TDS payments following its ownership going back in the hands of the original promoter Ajay Singh.

Salaried people wants IT exemption limit to be Rs 3 lakh: Assocham

Last Updated: Thursday, February 19, 2015, 17:42

Hike in personal income tax exemption limit to Rs.3 lakh, deduction for housing loans up to Rs.5 lakh and upward revision in the medical reimbursement allowance are among the main expectations of salaried individuals from the budget 2015-16, the first full-fledged from the Narendra Modi government, according to an ASSOCHAM survey.

India Inc likely to give 10.6% salary hike in 2015: Survey

Last Updated: Thursday, February 19, 2015, 14:54

Global talent, retirement and health solutions provider Aon Hewitt Thursday projected a 10.6 percent salary increase for India Inc. in the current year.

Job security top reason to join; salary main retention driver

Last Updated: Thursday, February 12, 2015, 14:04

The top reasons for joining and staying in an organisation are salary, career advancement opportunities and job security, says a study by global professional services company Towers Watson.

AI pilots question govt move to cut salary for flight delay

Last Updated: Friday, February 6, 2015, 22:37

In an order last week, the government had directed Air India management to cut up to 10 per cent salary of an employee, if he is found responsible for any flight delay.

'Salaries of CEOs to rise over 10% this year'

Last Updated: Wednesday, February 4, 2015, 13:09

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.

Air India starts disbursing January salary

Last Updated: Tuesday, February 3, 2015, 21:14

Air India on Tuesday started disbursing January salary to its around 22,000 employees after receiving Rs 200 crore equity from the government.

Govt tells Air India to cut salaries of staff responsible for flight delays

Last Updated: Monday, February 2, 2015, 23:32

With employees found responsible for up to 15 percent of Air India's flight delays, the airline has been directed by the government to penalise them by cutting salaries in a bid to fix accountability.

Air India set to go for 'restructured' pay scales for staff from March

Last Updated: Monday, February 2, 2015, 22:39

Air India has said that it is likely to implement "restructured" pay scales for its staff from next month with a majority of its employees' unions having come on board on the proposal.

Apple CEO Tim Cook made $9.2 mn in 2014

Last Updated: Friday, January 23, 2015, 17:09

Apple CEO Tim Cook was paid 9.2 million dollars by the company in 2014 wherein 1.7 million dollars was paid as salary and 6.7 million dollars as non-equity compensation.