Salary accounts of Mumbai policemen hacked Mumbai: The salary accounts of many Mumbai Police personnel have been hacked. The Mumbai Police has formed a team headed by a DCP to investigate the hacking of salary accounts.

The bank has been asked to investigate and give a report to the team. The police are in the process of filing an FIR.

It's a case of identity theft, where ATM withdrawals seem to have taken place in some other country. So far there is no clarity on how many accounts have been hacked.

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01:01 PM, Jun 14, 2013

TCS CEO N Chandrasekaran gets 50 pc salary hike New Delhi: Leading software services exporter Tata Consultancy Services (TCS) has raised the salary of its CEO and Managing Director N Chandrasekaran by 50 per cent to Rs 15 lakh per month effective from April 2014. The hike in salary package of TCS' top executive is however subject to approval by the shareholders. Chandrasekaran, who became chief executive in October 2009, had received a pay hike of about 40 per...  
10:09 AM, Jun 06, 2013

Chhattisgarh govt refutes KPS Gill's claim against CM Raipur: The Chhattisgarh government on Tuesday refuted ex-Punjab DGP KPS Gill's claim that Chief Minister Raman Singh had asked him to sit back and earn salary as an advisor, saying it was "unfortunate" that he was giving such a "baseless statement" at this difficult period. "It is unfortunate that a man of his caliber is giving such baseless statement at this difficult time," Chhattisgarh government spokesperson Aman Kumar Singh said....  
12:17 AM, May 29, 2013

IIM-Indore student offered a salary of Rs 34 lakh per year Indore: A post-graduate program student of Indian Institute of Management Indore has received a job offer with salary package of Rs 34 lakh per annum. Without disclosing the names of the employer-firm and the student, an IIM spokesman said the job was offered in India, to a student of the PGP 2011-13 batch. A total of 432 students and 142 companies took part in the placement process and the average...  
08:08 PM, May 19, 2013

Delhi: Four arrested for using 57 fake credit cards
by IANS
New Delhi: Four people were arrested for using 57 fake credit cards to dupe a major bank of over Rs 40 lakh to support their lavish lifestyles, police said on Thursday. Mayank Jain, 28, Roshan Dass, 27, Kuldeep Srivastava, 23 and Ashok Ganwani,35 got the cards issued from Citibank on the basis of fake salary slips and identity cards of Air India. According to police, fathers of Jain and Das...  
05:57 AM, May 03, 2013

Google CEO Larry Page paid $1 salary, 4 other exececutives get $124 mn San Francisco: Google CEO Larry Page and his longtime partner Sergey Brin limited their salaries to $1 apiece last year, while four other top executives received combined compensation packages totaling more than $124 million. The breakdown disclosed in a regulatory filing Wednesday consisted mostly of stock awards that could ultimately be worth more or less money, depending on how Google's stock price fares in the future. Google Inc. also paid...  
04:34 PM, Apr 25, 2013

Farmville-maker Zynga's CEO opts for annual salary of $1 this year San Francisco: Zynga Inc's chief executive, Mark Pincus, has opted to receive an annual salary of just $1 this year and forgo all cash bonuses, the company said on Thursday. Pincus, who founded the social gaming company in 2007 and still maintains majority control, received a pay package of $1.7 million in 2011. His 2012 pay package has not yet been made public by the company, which is best-known for...  
02:35 PM, Apr 05, 2013

Obama to contribute 5 pc of his salary to US Treasury Washington: At a time when the US is facing economic strain and automatic budgetary cuts is in place, President Barack Obama will return five per cent of his salary amounting to $20,000 to the Department of Treasury. The salary of the US President is $400,000 per annum (over Rs 2 crore) and in a show of solidarity he will return $20,000 (over Rs 10 lakh). "Obama instructed his staff he...  
09:46 AM, Apr 04, 2013

Lakshmi Mittal's salary in 2012 almost flat at $1.77 mn The salary of Lakshmi Mittal, Chairman and CEO of ArcelorMittal, inched up a mere 1.78 per cent at $1.77 million last year, amid the world's largest steelmaker reporting a net loss of $3.73 billion in 2012 due to slump in demand and write downs. ...  
04:27 AM, Feb 25, 2013

KFA ex-pilots send notice to management over unpaid dues Former Kingfisher Airlines pilots have sent a legal notice to the management seeking compensation for mental harassment and salary dues, according to sources. The management has been given a period of 21 days to comply with the notice. ...  
11:43 AM, Jan 21, 2013

Vijay Mallya lists out Kingfisher revial plan With employees threatening to move court for closure of the company, Kingfisher Airlines chairman Vijay Mallya on January 10 finally broke his silence through a letter to his employees saying the management is making every effort to restart operations. At the same time, Mallya urged the employees to be careful in their interaction with the media, alleging "negative reporting" by media on the carrier. ...  
12:32 PM, Jan 10, 2013

Boss' firstborn may affect your salary: study Your salary may rise or shrink depending on your male boss' firstborn, according to a new study which found that employees can expect a hike if the child is a daughter but salaries may decrease if it is a son. ...  
01:12 PM, Jan 07, 2013

Apple CEO Tim Cook's pay package drops 99 per cent from 2011
by
Tim Cook has finally made it to the top at Apple Inc, but in his first full year as CEO his pay package shrank about 99 per cent. ...  
12:56 AM, Dec 28, 2012

'Disclose CEO pay in perspective of staff salaries' Amid a growing perception about India Inc doling out huge pay packages to the top management, the government wants the companies to disclose the remuneration paid to promoters and CEOs in perspective of their median staff salary. ...  
08:27 PM, Dec 26, 2012

Take-home salary set to get cut, more money to go to PF
by IBN7
A fresh decision by the Employees' Provident Fund Organisation (EPFO) is slated to slash the take-home salary of those in service. The EPFO has decided that Provident Fund of an employee will now not be deducted on just the basic salary, but will now be calculated on the gross income. However, the good part of the move is that there will also be an increase in the share of the...  
08:19 PM, Dec 11, 2012

India Inc to give 11 pc salary hike in FY13: Survey Employees across corporate India are expected to get a slightly lower average salary hike of 11 per cent in the current fiscal compared to 12-13 per cent last year as firms grapple with sluggish economic activity, experts have said. ...  
10:49 AM, Dec 02, 2012

Kingfisher pays May salary to low rung staff Mumbai: The grounded Kingfisher Airlines on 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. "Only cabin crew and low rung staff have received their May salary," pilots and engineers said, adding "we still have no word from the airline about our dues." Vijay Mallya-owned private carrier, which is...  
09:20 PM, Nov 16, 2012

Kingfisher leaves employees in dark on Diwali Mumbai: Around 3,000 employees of the near-bankrupt Kingfisher Airlines were left in the dark on Diwali after the management failed to pay their May salary, despite its commitment that their dues will be cleared by the festival. Kingfisher has so far only paid April salary post the calling off of the strike. This too was paid with a delay of a couple of days than the promised date. Kingfisher management...  
12:11 PM, Nov 13, 2012

Will DGCA revive Kingfisher Airlines' licence? New Delhi: The month-long stalemate at Kingfisher Airline ended on Thursday just in time for Chairman Vijay Mallya to make his appearance at the Indian Grand Prix in Greater Noida. The pilots and engineers with the cash-strapped airline will resume work after the management agreed to pay their four-month salary dues. After 25 days of protest, a lockdown and a suspension of license, the airline is limping back towards normalcy....  
07:18 AM, Oct 26, 2012

Crisis in Kingfisher Airlines likely to prolong Mumbai/New Delhi: The crisis in Kingfisher Airlines following a 23-day lockout is likely to prolong with a large section of employees on Tuesday sticking to its refusal of the management's offer on payment of salary dues even as its owner Vijay Mallya said he was not an "absconder". Under fire over the crisis and with agitated employees asking where he is, Mallya broke his silence, slamming sections of the media...  
02:41 AM, Oct 24, 2012