Salaries

  • Average CEO salary at top Sensex firms near Rs 10 crore 2 days ago

    New Delhi: The average CEO pay at India's top listed companies has risen to Rs 10 crore a year, but still remains less than one-tenth of over Rs 100 crore median remuneration paid to their peers in the US. The top executives of the country's biggest blue chip companies, forming...
  • Air India management to meet pilots for unions' integration, salaries July 6, 2014

    Mumbai: National carrier Air India has called a meeting of its two pilot unions in New Delhi on Monday to discuss various issues, including integration of the unions and salaries, sources said on Sunday. The meeting assumes significance as it comes days before Air India formally gets inducted as the...
  • 70 teachers primary government schools found absent from duty July 5, 2014

    70 teachers of government-run primary schools were found absent from duty during checking by a team of the education department in Muzaffarnagar district, an official said. "During checking in different government-run primary schools on Friday, 70 teachers were found absent from duty. One day's salary would be deducted of the absentee...
  • Andhra Pradesh Governor approves DA for state government employees May 14, 2014

    Hyderabad: Andhra Pradesh Governor ESL Narasimhan on Wednesday approved the sanction of DA to the employees of state government payable from January 2014. Following the fresh hike, the DA per cent in the salary of an employee has gone up to 71.9 per cent. This is for the first time in...
  • Infosys gives 6-7 per cent wage hike to employees April 15, 2014

    Bangalore: Country's second largest software services firm Infosys has raised salaries of its employees in the country by 6-7 per cent and by 1-2 per cent for onsite workers, effective April 1. "We have increased salaries. We have given salary hikes of 6-7 per cent for offshore and 1-2 per cent...
  • Executives likely to see 15 to 20 pc salary hikes this year March 31, 2014

    New Delhi: With economic prospects looking better, executives are expected to see their pay packets increase as much as 20 per cent in the next financial, feel experts. Although the salary hikes could see significant variations across sectors, pharmaceutical and automobile industries are likely to see the maximum increases, HR...
  • Indian women unpaid for nine months in Saudi Arabia March 22, 2014

    Dubai: Eleven Indian women, working as cleaners in a hospital in Saudi Arabia have appealed for help after they were allegedly not paid their salaries for the past nine months, a media report said on Saturday. The workers, hailing from the south Indian state of Kerala, are on contractual jobs for...
  • Devyani case: Salaries for embassy workers based on local wage rates, says US January 1, 2014

    New Delhi: The US has said that the salary of its embassy staff is based as per the local wage rates of the particular country. "Generally, compensation plans for locally employed staff at US Missions abroad are based upon prevailing wage rates and compensation practices for corresponding types of positions...
  • HC directs government to stop salary of Home Secy for not complying with its order December 21, 2013

    The Jharkhand High Court directed the state government to stop withdrawal of salary by the Home Secretary till the department clears post-retirement dues of a constable as per the court's earlier judgement and fixed January 24 to hear about compliance with its order. Justice DN Patel's directive came after petitioner Ashok...
  • HP CEO Meg Whitman's salary soars from $1 to $1.5 million December 19, 2013

    San Francisco: Hewlett-Packard CEO Meg Whitman is getting a huge raise as she enters the third year of her attempt to turn around the slumping personal computer and printer maker. Whitman's annual salary is soaring to $1.5 million from the $1 that she settled for during her first two years on...
  • Hizbul Mujahideen pays salary to active cadres: NIA December 3, 2013

    New Delhi: Terror outfit Hizbul Mujahideen pays monthly salary to members associated with it and their "remuneration" has surged around five folds in 2011 compared to what was paid to them in 1990s, the NIA has said in its chargesheet filed before a Delhi court. In its chargesheet filed against Hizbul...
  • IPL salary cap fixed at a whopping Rs 60 crore: report November 30, 2013

    The franchise workshop for the seventh season of the Indian Premier League (IPL) got underway in Singapore on Friday, and according to Mumbai Mirror the Governing Council of the IPL has proposed a salary cap of Rs 60 crore for the IPL 7 auction. A fresh auction is due before the...
  • Employee can't escape recovery of excess payments: Supreme Court November 2, 2013

    The Supreme Court has said that even after retirement from service, an employee can't escape the recovery of the excess amount that is credited due to an error in salary calculations. Rejecting the submission that no amount should be recovered from the excess salary paid to employees, the apex court bench...
  • Tripura govt to hike salaries of ministers, legislators September 26, 2013

    Agartala: A bill proposing a 50 percent increase in the salaries of the chief minister, ministers, opposition leader and legislators was moved in the Tripura assembly on Thursday. Presenting the bill on the first day of the three-day monsoon session, Parliamentary Affairs Minister Tapan Chakraborty said the increase in the salaries, allowances...
  • UPA constitutes 7th Pay Commission ahead of polls September 25, 2013

    New Delhi: In an effort to woo Central government employees before the next Lok Sabha elections, Prime Minister Manmohan Singh constituted the 7th Pay Commission on Wednesday. The new pay scale recommended by the Pay Commission will be implemented from January 1, 2016 as the government has given about two...
  • Kingfisher's annual general meet today, employees threaten hunger strike over salary dues September 24, 2013

    Grounded Kingfisher Airlines on Monday made a last-ditch attempt to preempt a hunger strike threat by its employees, by asking them to wait till Thursday, as airline expects some positive outcome from the hearing on the winding up petition against it, say sources. The Karnataka High Court is slated to hear...
  • Salaries of ministers, MLAs hiked in Haryana September 11, 2013

    Salaries of Speaker, Deputy Speaker, ministers and MLAs in Haryana have been hiked, with the state Assembly passing Bills in this regard in Chandigarh on Wednesday. On the concluding day of the Assembly's brief monsoon session, the Haryana Legislative Assembly Speaker's and Deputy Speaker's Salaries and Allowances (Amendment) Bill, 2013 was...
  • Bihar govt hikes salary of 2.5 lakh contractual teachers by Rs 3000 per month August 28, 2013

    There was good news for nearly 2.5 lakh contractual teachers in Bihar with the state cabinet on Tuesday approving a salary hike of Rs 3,000 per month from September for them. "The state cabinet hiked salaries of contract teachers by Rs 3,000 per month," Cabinet Secretary Brajesh Mehrotra told media persons...
  • EPFO unveils revised PF transfer form for online transactions July 4, 2013

    New Delhi: Taking the first step towards launch of online PF transfer claim facilities, retirement fund body EPFO on Thursday unveiled the revised transfer claim form for the purpose. The launch of full fledged service of online transfer of provident fund transfer claims would take more than a month, EPFO's...
  • Uttarakhand floods: Sonia flags off relief material for victims June 24, 2013

    New Delhi: Congress President Sonia Gandhi has flagged off trucks carrying relief materials for Uttarakhand flood victims on Monday. Trucks will leave from the party headquarters in New Delhi. UPA Chairperson had on June 19 accompanied Prime Minister Manmohan Singh on his sortie to conduct an aerial survey of rain-ravaged areas...
  • CISF to contribute 1 day's salary for Uttarakhand victims June 23, 2013

    New Delhi: More than 1.35 lakh personnel of the Central Industrial Security Force (CISF) on Friday announced that they would contribute a day's salary to the Prime Minister's Relief Fund to assist those affected by the Uttarakhand devastation. CISF Director General Rajiv had written to the Prime Minister Office (PMO) on...
  • Salary accounts of Mumbai policemen hacked June 14, 2013

    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...
  • Jet Airways hikes pilots' salaries June 9, 2013

    Mumbai: Private carrier Jet Airways has hiked the salaries of its pilots, acceding to their long pending demand, even as its 24 per cent stake sale deal with Etihad Airways awaits regulatory approvals. "The airline has hiked its pilots' wages by up to 18 per cent in staggered manner with...
  • TCS CEO N Chandrasekaran gets 50 pc salary hike June 6, 2013

    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...
  • Three senior Kingfisher Airlines executives quit June 2, 2013

    Mumbai: Three more senior executives of Kingfisher Airlines, including its chief information officer, have quit the grounded carrier even as a section of its pilots are set to revive their agitation over non-payment of salaries. "The airlines' chief information officer Saurav Sinha, flight operations head Capt Ronald Nagar and cabin...
  • Chhattisgarh govt refutes KPS Gill's claim against CM May 29, 2013

    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...
  • IIM-Indore student offered a salary of Rs 34 lakh per year May 19, 2013

    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...
  • Delhi: Four arrested for using 57 fake credit cards May 3, 2013

    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...
  • Google CEO Larry Page paid $1 salary, 4 other executives get $124 mn March 30, 2014

    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...
  • Farmville-maker Zynga's CEO opts for annual salary of $1 this year April 5, 2013

    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...