Letters: Salary check - II

Image
Business Standard New Delhi
Last Updated : Jan 20 2013 | 11:59 PM IST

Corporate Affairs Minister Salman Khurshid needs to be supported in his endeavour to put a cap on vulgar salaries of corporate CEOs. In recent times, aviation companies have gone to the government for a bailout while, at the same time, they have not even paid their dues to PSU marketing companies — these PSUs cannot even protest and cut off ATF supplies since these corporate chieftains enjoy the support of top politicians.

The same applies to real estate companies. Why should the government first allow their CEOs to pay themselves so much that their companies get sick and then spend large amounts of money/tax concessions to bail them out? If Indian industry does not get its house in order, the government must step in.

Santosh Jain, Mumbai

Readers should write to:
The Editor, Business Standard,
Nehru House,
4, Bahadur Shah Zafar Marg,
New Delhi 110 002,
Fax: (011) 23720201;
letters@bsmail.in  

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 07 2009 | 12:36 AM IST

Next Story