A top executive of a business conglomerate and his two aides have been arrested for allegedly possessing contraband by Narcotics Control Bureau (NCB) and remanded in their custody till January 16 by a local court.
Amid the growing uproar over
exorbitant executive salary, financial services firm Goldman
Sachs has said its top 30 executives will receive their annual
bonuses only in stocks rather than cash this year.
Five senior executives at American International Group (AIG.N) told the insurer last week they may quit if their compensation was cut significantly by the US pay czar, the Wall Street Journal reported on Sunday.