Bonus

  • MP asks Centre to review order on bonus price for foodgrains July 31, 2014

    Madhya Pradesh has asked the Centre to review its directive that instructed state governments not to announce bonus over and above the minimum support price (MSP) on rice and wheat this year. Madhya Pradesh government has asked Centre to reconsider its directive, sources said. In a directive issued by the Union Food...
  • Harish Rawat demands green bonus of Rs 2,000 crore for Uttarakhand June 28, 2014

    Uttarakhand Chief Minister Harish Rawat on Saturday demanded a green bonus of Rs 2,000 crore from the Centre in recognition of the steps taken by the hill state for environment conservation. In a letter to Union Finance Minister Arun Jaitley, Rawat claimed that Uttarakhand has an edge over other states of...
  • Harish Rawat seeks green bonus from Planning Commission February 12, 2014

    Citing the state's large forest cover, the Uttarakhand government has sought Rs 2,000 crore per annum as 'Green bonus' from the 14th Planning Commission. The demand was made by Chief Minister Harish Rawat at a meeting with a visiting Planning Commission team headed by Dr YV Reddy at the secretariat inDehradun...
  • Madhya Pradesh tendu leaf collectors to get Rs 244.55 crore bonus September 2, 2013

    Tendu leaf collectors in Madhya Pradesh will this time get a bonus of Rs 244.55 crores this time, which is nearly 150 percent more than they received in the collection year 2012. Previously, they got a bonus of 98.25 crores. This time its up by 148.90 per cent, State Forest Minister...
  • Rajasthan government took several profarmer steps :Gehlot April 14, 2013

    Jaipur: The state government has taken several steps in favour of farmers, including no increase in power tariff for five years, but the opposition BJP has labelled us as antifarmers, Rajasthan Chief Minister Ashok Gehlot said on Saturday. "An important decision of not increasing the power tariff for farmers for...
  • Google paying bonuses totalling $15 million to 4 top executives March 13, 2013

    San Francisco: Google is paying nearly $15 million in bonuses to four of the Internet search company's top executives for their performances last year. Documents filed Tuesday disclosed Executive Chairman Eric Schmidt will get the biggest award at $6 million to supplement his estimated fortune of $8 billion. Schmidt served as Google's...
  • Former CSA CEO Gerald Majola given marching orders October 19, 2012

    Johnnesburg: Suspended Cricket South Africa (CSA) chief executive Gerald Majola has been dismissed for his part in a bonus scandal following a disciplinary hearing, the organisation announced on Friday. Majola was found guilty on nine charges, including accepting bonuses, not declaring them to the board and wrongdoing around travel claims. Advocate Karel...
  • 'SA cricket divided over IPL bonus saga' July 6, 2012

    Johannesburg: South African cricket remains divided over the 2009 saga in which now suspended chief executive Gerald Majola paid himself and other Cricket South Africa staff more than R4 million in IPL 2 bonuses, according to acting CSA chief executive Jacques Faul. Faul tendered his resignation Thursday evening, but is reconsidering...
  • SA coach Kirsten's salary kept a secret December 6, 2011

    Johannesburg: The salary of newlyappointed South Africa coach Gary Kirsten has been kept secret, and even Cricket South Africa's legal and governance committee does not have a clue about it. The chairman of CSA's legal and governance committee, Ajay Sooklal, said that he was "appalled" when told that Kirsten's salary was...
  • NOTW: James Murdoch declines $ 6 mn bonus September 3, 2011

    New York: News Corp awarded Rupert Murdoch and his son James big compensation increases, though James declined his bonus, citing controversy over a phone hacking scandal at the UK newspaper unit that he oversees. The annual bonus, announced on Friday, would have bumped James Murdoch's compensation by 73 percent. His father...
  • RIL announces bonus shares, 130 pc dividend October 7, 2009

    Mumbai: Reliance Industries Limited (RIL) on Wednesday announced issue of bonus shares after a 12 yearhiatus, a move that analysts expect would flare up the markets on the eve of Diwali. The company founded by Dhirubhai Ambani, credited for drawing retail investors to stock markets in the 1970s, recommended an issue...
  • AIG employees hand over bonuses March 25, 2009

    New York: Fifteen of 20 American International Group leading bonus recipients have agreed to give them back in full, said New York's top legal officer who is probing into $165 million in executive pay at the troubled company bailed out by the US government. New York Attorney General Andrew Cuomo told...
  • AIG bonus: Obama appears at townhall meeting March 19, 2009

    Costa Mesa: President Barack Obama took questions on topics ranging from immigration to the economy on Wednesday at a townhall meeting in California, where recession, a housing meltdown and doubledigit unemployment have taken a toll. The event in Orange County marked Obama's first appearance as president in a state he won...
  • AIG bonuses, the insults were so salty March 17, 2009

    Its good when a company can hand out bonuses, but for AIG, it's led to a chorus of insults. ...
  • Bailed out by taxpayers, AIG gives millions in bonus March 15, 2009

    Washington: American International Group is giving its executives tens of millions of dollars in new bonuses even though it received a taxpayer bailout of more than $170 billion. AIG is paying out the executive bonuses to meet a Sunday deadline, but the troubled insurance giant has agreed to administration requests to...
  • Citibank's Pandit to take $1 salary, no bonus February 12, 2009

    Washington: Stung by criticism about use of billions of dollars in government aid, Citigroup's Indian American CEO, Vikram Pandit has vowed to take a token salary of $1 and no bonus until the ailing banking giant returns to profitability. "I get the new reality and I will make sure Citi gets...
  • Obama says Wallstreet executive bonuses 'shameful' January 30, 2009

    Washington: President Barack Obama lashed out at Wall Street, saying it was shameful that employees were paid more than $18 billion in bonuses while their crumbling financial sector received a historic bailout from US taxpayers. Obama was responding to reports on Thursday that Wall Street executives were paid billions in...
  • Cong office staff get bonus for Delhi, Rajasthan poll wins January 17, 2009

    New Delhi: Even as economic slowdown grips India, the permanent staff at the Congress headquarters in New Delhi have reason to cheer. They are getting a month's salary as bonus for winning the Delhi and Rajasthan Assembly elections. But the bonus is not as unexpected as the wins that came last month. It's...
  • AIG says no 2008 bonus for top execs; CEO gets $1 November 26, 2008

    New York: American International Group Inc Chief Executive Edward Liddy will receive $1 in salary this year and next, and there will be no 2008 bonuses for the company's seven most senior executives, the troubled insurance conglomerate said on Tuesday. Fifty more AIG executives will be locked out of pay...
  • Make your Diwali Bonus last till Christmas! October 27, 2008

    Festive season is here again. And it is that time of the year when you would normally expect a sudden spike in your bank balance, thanks to a fat bonus from your company. Well, this year may be different. The slowdown has ensured that your company might not splurge this Diwali! Nonetheless,...
  • Reliance Power dangles carrot, issues bonus shares February 25, 2008

    Mumbai: Reliance Power has now come out with its muchawaited bonus share issue after its poor listing on the Bombay Stock Exchange. On February 11, within minutes of the Reliance Power listing, the share was beaten below the issue price of Rs 450 and more than 42 lakh retail investors saw...
  • Anil's offer of bonus shares brought share 7 pc up February 19, 2008

    Mumbai: Good news for the Reliance Power investor. Anil Ambani's offer of bonus shares brought the share seven per cent up. It also helped the group recover twothird of the market value lost on listing. Reliance Power created a flutter in the stock market when it was first announced. Everyone...
  • Anil set to woo investors with free bonus shares February 17, 2008

    New Delhi: Reliance Power is attempting not to lose its investor confidence. It is considering giving free bonus shares to all its shareholders who suffered losses when the company had launched its initial public offering or IPO a week ago. The move is expected to help over four million shareholders...
  • Make your Diwali bonus last till christmas! November 6, 2007

    Meet Arvind Gupta, a 21year old research analyst working for a foreign bank in Mumbai. Arvind recently landed a Diwali bonus of Rs 10,000 from his company. And the money is gone even before Diwali is here. He spent some of it to pay off his mobile phone bills and...
  • Make your Diwali bonus last long October 18, 2006

    Mumbai: Diwali bonus the words conjure up memories of new clothes, buying a household durable, some gold and lots of mithai and crackers. Through the years, and with the entry of MNCs (multinational companies) and an international work culture the emphasis on Diwali bonus has lessened and yearend appraisal driven bonus...
  • Dabbawalas happy with Rs 30 bonus October 10, 2006

    Mumbai: For the first time in their 115year history, Mumbais muchfamed dabbawalas in Mumbai are demanding a Diwali bonus from their customers. And considering their modest salary each tiffincarrier earns about Rs 4,000 a month their clientele is more than happy to oblige. Twentyfiveyearold Natharam is one such...