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| Kingfisher to lay off nearly 100 pilots | 04-NOV-09 |
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| Vijay Mallya-led Kingfisher Airlines is understood to have put close to 100 pilots, mostly trainees, on the chopping block on grounds of huge losses and capacity reduction. |
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| Air India to pay salaries by October 31 | 30-OCT-09 |
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| With an impending stir threat by its pilots, Air India is likely to pay the September salaries of its employees in two days and incentives and allowances by November 10, airline sources said today. Talks were held with banks and financial institutions for working capital loans to arrange the amount for payment of salaries, productivity-linked incentives (PLIs) and flying allowances to the employees including pilots, they said. |
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| CEO salaries: One has to pay talent, says Ficci | 12-OCT-09 |
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| Amid the raging debate over high CEO salaries, industry chamber Ficci's President Harsh Pati Singhania today said if talent is to be attracted one has to pay for it and that in most cases they are "within limits". |
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| The worst is over for inflation: PM | 12-OCT-09 |
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| Attributing rising food prices to the drought, Prime Minister Manmohan Singh today said the worst was over and predicted that the situation would improve with the ensuing rabi (winter) crop. |
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| PM rules out any move to curb salaries of CEOs | 11-OCT-09 |
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| In the midst of the debate over what salaries CEOs should be taking home, Prime Minister Manmohan Singh today ruled out any move to impose restrictions on their remuneration, saying it is best left to boards of companies. |
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| Sunil Jain: Forget Ambani, think Goenka | 08-OCT-09 |
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| Most are focused on the salaries of the Ambani brothers when it comes to the ‘’vulgar’’ salaries Corporate Affairs Minister Salman Khurshid spoke of. The Ambanis, it turns out, take home very reasonable fractions of their companies’ sales/net profits — 0.03/0.23 per cent in the case of Mukesh and 0.22/0.63 per cent in the case of Anil. The Marans of Sun TV, Kalanithi and wife Kavery, in comparison, took home 7.36/16.96 per cent of sales/net profits (see graphic). |
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| CEOs shouldn't be paid indecent salaries: Montek | 05-OCT-09 |
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| The debate over remuneration of CEOs today grew louder with Planning Commission Deputy Chairman Montek Singh Ahluwalia stating that company heads should not be paid "indecent salaries". |
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| Cost cutting - II | 29-SEP-09 |
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| While on austerity, the education minister was anxious to dispel the notion that the current agitation over salaries at the IITs had anything to do with austerity measures. “We haven’t followed austerity in their salaries”, he said, tongue firmly in cheek. As for the faculty going on a hunger strike to register their protest on the issue, he said, “I don’t have the privilege to go on strike myself. |
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