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Renumeration News

06 Apr 2017

BP slashes CEO's remuneration by 40 percent after shareholder backlash

The 40 percent cut comes after the company made a number of changes to its renumeration policy.

01 Dec 2016

SpiceJet proposes up to Rs 15 crore annual pay for Ajay Singh

In the black for seven straight quarters, SpiceJet plans to pay up to Rs 15 crore annual remuneration, including a fixed monthly salary of Rs 50 lakh, to its Managing Director Ajay Singh.

16 Aug 2016

PSU banks overpay at bottom, underpay at top; I too feel 'under-paid': Raghuram Rajan

SBI Chairperson Arundhati Bhattacharya got just about Rs 31.1 lakh in the fiscal year 2015-16, while private sector major HDFC Bank's MD Aditya Puri's total remuneration for the same period was more than 30-times higher at Rs 9.7 crore.

08 Jun 2015

Govt eases deposit-taking, managerial pay norms for companies

Ushering in an easier set of regulations, the government today relaxed deposit-taking norms for private companies and exempted the public sector entities from managerial remuneration restrictions.

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