Tata Motors shareholders approve pay proposals of 3 executives

Last Updated: Thursday, January 22, 2015, 11:34

Shareholders of Tata Motors have approved proposals to pay higher salaries to its two top executives and payment of remuneration and death-related benefits to its late Managing Director Karl Slym.

Bank Unions meet Jayant Sinha to press for early wage revision

Last Updated: Wednesday, January 21, 2015, 19:42

A section of public sector bank employees unions today met Minister of State for Finance Jayant Sinha to press for early wage revision.

Centre approves pay scale revision of Delhi subordinate service

Last Updated: Monday, January 12, 2015, 13:46

The Centre has approved a proposal of Delhi Government to revise the pay scales of Delhi Administration Subordinate Service (DASS).

India Inc promises 10 lakh new jobs, up to 40% hike in 2015

Last Updated: Thursday, January 1, 2015, 13:36

It may be a bumper new year for the job market, with India Inc planning to create close to 10 lakh new jobs and dole out pay hikes of up to 40 percent for best performers in 2015.

SpiceJet defaults on salary payment a second time

Last Updated: Wednesday, December 31, 2014, 20:25

Beleaguered carrier SpiceJet defaulted a second time on salary payments in last two months but got a reprieve Thursday from the Airports Authority of India (AAI), which extended the two-week credit payment facility to it by another 14 days.

Executives get 10-12% pay hike; more women join boards in 2014

Last Updated: Wednesday, December 24, 2014, 12:52

The passing-by year also witnessed an improved gender and age diversity in board rooms, partly due to new regulations, and nearly 500 publicly listed companies have recruited at least one woman director for the first time.

Grounded Kingfisher Airlines to pay Rs 12.9 lakh to ex-pilot

Last Updated: Tuesday, December 23, 2014, 16:04

A Delhi court has directed the grounded Kingfisher Airlines to pay the outstanding salary of three months amounting to Rs 12.91 lakh to one of its ex-pilots who had moved court over non-payment of dues.

OLA Cabs, Flipkart major recruiters in IIT-M placement

Last Updated: Friday, December 19, 2014, 23:45

Setting a new trend, startup companies offering competitive salaries took part in good numbers in this year's annual placement season at the Indian Institute of Technology, Madras, a senior official said on Friday.

IIT-Indore student offered Rs 1.7 cr salary package by Google

Last Updated: Monday, December 15, 2014, 17:13

A 21-year-old B Tech student of IIT Indore has bagged a job with Google at an annual salary package of Rs 1.7 crore, one of the highest packages offered by the US-based internet giant during campus placements at the premier institutes.

2015 to see turnaround in salary;10.5% hike for Indians: Report

Last Updated: Friday, December 12, 2014, 13:08

According to HayGroup's 2015 salary forecast, salaries across the globe are set to rise by an average 5.4 percent in 2015 as compared with 5.2 percent last year.

PSU bankers paid very poorly, rues SBI chief

Last Updated: Thursday, December 11, 2014, 20:15

Lamenting that bankers are paid very poorly in India, especially at public sector banks, SBI chief Arundhati Bhattacharya Thursday said there is an urgent need to provide better remuneration to attract good talent.

'Top honchos of cos may get over 10% pay hike this year'

Last Updated: Monday, January 27, 2014, 17:20

Indian companies are likely to give more than 10 percent pay hike to their top executives this year amid hopes of revival in economic growth and business prospects, says a study.