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RELIANCE SALARY CUT
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 28%There are two ways to deal with the kind of uncertainty the US-Iran war has brought to the stock market. First, you could just sit it out a...- Noida workers’ unrest: A story of hidden inflation and its impactNoida factory workers protest: Years of rising costs have diminished buying power, creating widespread discontent among many. Wage growth l...
- Is the Indian middle class dream over? Saurabh Mukherjea on the 3 forces crushing your futureIndia's middle class is in deep trouble. Education no longer guarantees prosperity. Jobs are disappearing, especially in IT. Wages are not ...
- He was earning Rs 38 LPA, yet was more anxious than co-worker who got less than half of his salary. Expert decodes: ‘He was one layoff away from…’High incomes don't guarantee financial safety, as demonstrated by a product manager heavily reliant on his large salary. In contrast, a low...
- ‘Most cuts in salaries of top officials’: HPCC chief on CM Sukhu’s 6-month pay cut for ministers, MLAsAs Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu announced a six-month salary deferment for ministers, MLAs, and senior bureaucrat...
- ETtech Recap: Decoding Dunzo’s deepening crisis in five storiesHere’s a look at ETtech’s comprehensive coverage of the latest developments at the troubled Bengaluru-based company.
- Dunzo further delays salaries, more layoffs likely as it vacates headquartersDunzo founder Kabeer Biswas warns employees of further layoffs in case the cash flow situation worsens.
- Quick commerce startup Dunzo formally announces fresh layoffsThis is the third round of layoffs at the Reliance Retail-backed firm, which is grappling with cash flow issues.
- Fresh layoffs begin as beleaguered Dunzo looks to prune costsSources aware of the matter said several employees have now been told their roles would be redundant as the company needs to save capital b...
- Cash-strapped Dunzo seeks a lifeline; defers salaries, plans more job cutsDunzo has decided to reduce costs by 30-40%, which will involve more job cuts, even as it further delays payment of salaries.
- Reliance-backed Dunzo may cut more jobs; defers 50% of June salary amid cash crunchDunzo has already cut jobs twice this year. In April it fired 30% of its workforce, or more than 300 people, and simultaneously planned a s...
- RIL gives 10-12% increment to staff in FY22 after cuts, roll back in FY21In April 2020, the company had announced a pay cut of 10% for employees earning more than ₹15 lakh in its petrochemicals business and froze...
- RIL did not cut salaries of employees amid COVID: Nita Ambani at 44th AGMSpeaking at the 44th Annual General Meeting (AGM) of RIL, Nita Ambani said, "The Covid-19 pandemic is a humanitarian crisis. It has tested ...
- Companies restore salaries, start giving Diwali bonuses to employeesIndustries which have been badly bruised by the pandemic — like hotels, travel and some infrastructure companies — are yet to roll back sal...
- RIL rolls back salary cuts, expedites performance bonusWhile the older business saw rough weather, those working in the telecom segment - Reliance Jio - have already received 100% of their varia...
- Shareholders getting more say in CEO remuneration at India IncIn the latest development, the new CEO of loss-making telecom operator Vodafone Idea will not be paid any remuneration during his current t...
- Reliance Industries announces pay cuts, Mukesh Ambani to forgo entire compensationBesides Ambani, the board of directors, exec committee members and senior staff will also forgo 30-50% pay.
- RIL announces pay cuts in its oil & gas division, Mukesh Ambani to forgo entire compensationBoard of directors and other senior leaders will forgo 30-50 per cent of their compensation.
- Anil Ambani cuts pay package by 1/3rd to Rs 5.5 crore in 2011-12Ambani does not take salary from any of these companies, but gets sitting fees for attending meetings of the boards and other committees.
- CEOs salary cap removed in new Companies Bill: KhurshidThe existing 11 per cent cap on salaries of CEOs of corporates has been removed in the new Companies Bill.
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