Covid turbulence grounds dreams of aspiring pilotsHundreds of pilots in the country are staring at a long wait to get the job of their dreams, and many like Iqbal are pursuing other alterna...
$10 mn pay-cut for Goldman Sachs CEO David Solomon over 1MDB scandalGoldman Sachs pleaded guilty in October over its role in the scandal, and agreed to pay nearly $3 billion to close US investigations.
36% India Inc employees battling mental health issues since beginning of pandemic, shows surveyThe self-employed category was slightly better when it came to overall well-being.
Indian women fall for the charm of equity, hit D-Street in drovesData available with a couple of broking firms suggest there has been a substantial rise in women traders and investors in recent months.
IndiGo implements more pay cuts for senior management, pilotsThe latest paycuts—which mean the senior management will get between 15% and 35% lower monthly salaries than pre-Covid times— will be imple...
People prefer govt employment for jobs security: Survey"The outbreak of COVID-19 pandemic has transformed the job scenario in the country with regular reports of layoffs, furlough, pay cuts and ...
ixigo reinstates salaries & grants deeply discounted ESOPs to all employeesThis is one of the largest and most deeply discounted ESOP grants in the company’s history, and with the lowest stock vesting period of jus...
82% Indians bear financial brunt of coronavirus pandemic: SurveyThe pandemic has changed the way we all function, affecting our physical, mental, emotional and financial well-being. Salaried individuals ...
After flip-flops, IndiGo clarifies pay cut for senior employees will be for entire 2020-21The country's largest domestic airlines had on Friday announced pay cut ranging between 5 and 25 per cent.
IndiGo reinstates pay cut for senior employees from May“While we had paid employee salaries in full for the months of March and April, I am afraid that we are left with no option but to implemen...
Paytm cuts losses 20% as e-pays fallThe Noida-based company has decided to go forward with its annual appraisal cycle where it now plans to allocate a higher amount of employe...
Covid-19: Cos try to save jobs while struggling to meet payroll commitmentsBuffeted by the turmoil unleashed by the Covid-19 pandemic, a bunch of companies are trying to save jobs even while India Inc struggles to ...
Aviation sector in distress; IndiGo CEO, staff to take pay cutSenior VPs and above took a 20 per cent pay cut, while vice presidents and cockpit crew took 15 per cent cut in their salaries.
Jet Airways to suspend all operations from tonightJet ran an operation of 6 planes since morning. The decision was taken in the afternoon.
Indians show 'biggest gap between fantasy and reality', says PwC studyWhile many executives recognise they are not in their ideal job, they are not willing to move if it involves a significant discount in pay.
Gloomy market forces job seekers to hide qualifications from CV, apply for jobs beneath skills and experienceIndia, estimates that the number of people underplaying or hiding their qualifications has increased by 50 per cent, which has "become the ...
- Pay cut for Mynampati?
Ram Mynampati, former interim CEO of tainted Satyam Computer Services, and his other senior colleagues may have to take a huge cut in their...