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Top Headlines: Divestment of 23 PSUs, pay cuts at IndiGo, and more

Here are the top business headlines on Tuesday morning

IndiGo Chief Executive Officer Ronojoy Dutta
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IndiGo Chief Executive Officer Ronojoy Dutta will take a pay cut of 35 per cent

BS Web Team New Delhi
Govt to go ahead with divestment of 23 PSUs 

The government is working on completing the stake sale process of about 23 public sector companies whose divestment has already been cleared by the Cabinet, Finance Minister Nirmala Sitharaman said on Monday. Read More

IndiGo implements another round of pay cuts

India’s largest airline IndiGo has implemented another round of pay cuts for its senior management and pilots. Chief Executive Ronojoy Dutta will take a pay cut of 35 per cent while all executives with designations of senior vice-president and above will take a pay cut of 30 per cent.