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COMPENSATION FOR DOWNGRADE
Inflation and input costs threaten earnings momentum going forward: Dhananjay SinhaIndia Inc. delivered strong March-quarter earnings, surpassing market forecasts. Revenue growth improved, supported by cost savings. Howeve...- Bengaluru techie, who left Rs 52 LPA job for Rs 22 LPA job, gained a lot despite lower salary: ‘Some pay cuts are….’A software professional left a Rs 52 lakh Bengaluru job for a Rs 22 lakh role in a smaller city, prioritizing work-life balance. Despite a ...
- Bengaluru vs Hyderabad, same CTC but different job titles: Employee with 8 years of experience faces job dilemma. 'Is it a demotion?'A professional with eight years of experience is weighing a Senior Manager role in Hyderabad against a Manager position in Bengaluru. Both ...
- Bengaluru feels like first world taxes for third world infra: Techie compares ₹50L salary vs $100K in US, sparks debateA Bengaluru tech professional sparked debate by comparing a ₹50 lakh Indian salary to a $100,000 US salary, arguing the former doesn't equa...
- Bumped from business class? What to do when airlines downgrade you without warningIf your business or first-class seat is downgraded to economy, you can still claim compensation. Keep proof like photos and boarding passes...
- Paid for business class air ticket but shifted to economy class; should the airline refund the difference and pay compensation?Air India flight from Delhi to Washington DC: A women's mother was allegedly shifted to economy class despite having a business class ticke...
- “Are you cheating or following discriminatory/racist policies?”: Indian bureaucrat slams British AirwaysAn IAS officer, Bhide, criticized British Airways, alleging that she was downgraded from premium economy during check-in under the false cl...
- S&P downgrades Vedanta Resources over "distressed" bond extensionS&P Global Ratings reduced Vedanta's issuer rating to "SD" or "selective default" from "CC," indicating the agency believes the company has...
- Hot Stocks: Brokerage view on Maruti Suzuki, GAIL, Rossari Biotech and UPL post-Q1 resultsJefferies downgraded GAIL India to underperform with a target price of Rs 105. The June quarter was a weak print with misses in transmissio...
- Paid for business class but made to fly economy? You may be compensated soonThe move comes after multiple complaints from passengers that despite booking business class tickets, they were made to fly economy as seat...
- DGCA to issue new rules to compensate passengers whose tickets are involuntarily downgraded by airlinesThe Directorate General of Civil Aviation (DGCA) is in the process of amending the Civil Aviation Requirement (CAR) pertaining to 'faciliti...
- FM Nirmala Sitharaman says no risk of India's rating downgradeSitharaman said the Centre would transfer ₹30,000 crore to states as Goods and Services Tax compensation before March end and announced a r...
- HSBC downgrades InterGlobe, retains buy rating on SpiceJetFor the overall industry of aviation, the brokerage believes the Covid-19 vaccines are a strong catalyst.
- YES Bank down 3% on Moody's review, independent director's resignationMukesh Sabharwal, chairman of the nomination and remuneration committee of the bank.
- Moody's changes outlook on Tata Motors to negative from stableGiven the negative outlook, an upgrade in ratings within the next 12-18 months is less likely, Moody's said.
- Comfortable with investments in downgraded EMIL NCD: ICICI Pru Mutual FundICICI Prudential Mutual Fund, through its various schemes, has investments aggregating Rs 456 crore in Non-convertible Debentures (NCDs) is...
- SBI's questions on investment practices in debt funds leaves fund managers rattledState Bank of India has despatched a six-point questionnaire to fund houses asking them to clarify investment policies in liquid, liquid pl...
- Finance ministry bats for 10% reduction in fuel pricesThe directive, if accepted by the petroleum ministry, could reduce fuel prices by some 10% or more and bring down the government's oil subs...
- HSBC downgrades Coromandel International to 'Neutral'Coromandel International to hit Rs 330 HSBC has downgraded Coromandel International to ‘Neutral’ from ‘Overweight’ and reduced its target p...
- ILO downgrades global employment outlookILO has downgraded its global employment outlook forecast for 2012 and 2013, revising upwards global unemployment rates to 6.1% this year a...
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