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Aviva CEO won't accept 2012 salary rise

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, UK’s second-largest insurer by market value, said Chief Executive Officer would . The move follows talks with shareholders on whether the compensation of executive directors reflect the firm’s 2011 performance, London-based Aviva said on Monday. Moss’s salary was due to rise five per cent to £1 million ($1.6 million) in April from £951,000 last year, according to the company’s annual report.

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Rupee touches new low at Rs 56.5 vs dollar

The rupee today tumbled by 26 paise to trade at a new low of Rs 56.50 against the US dollar in early trade on increased capital outflows and strong ...

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