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Jet Airways staff to meet COO over delayed salaries

Last Updated: Sunday, May 25, 2014, 18:39

Salary payments at the Naresh Goyal- run Jet Airways continue to be delayed despite the Rs 2,060 crore infusion by Etihad, and the issue would be raised at the meeting of the staff representatives and chief operating officer Hameed Ali this week, sources said.

Sebi working on revised listing agreement norms

Last Updated: Thursday, April 17, 2014, 18:54

To promote good business practices, capital market watchdog Sebi is working on revised listing agreement norms that would include enhanced corporate governance provisions.

Sahara group's staff salaries to get delayed

Last Updated: Monday, March 31, 2014, 18:35

Last week, in a fresh dramatic twist to the Sebi-Sahara saga, an innovative idea was floated for collection of at least Rs 1 lakh each from Sahara employees and 'well-wishers' to garner at least Rs 5,000 crore and secure group chief Subrata Roy's release from Tihar Jail.

Staff strike forces Israeli embassies to shut worldwide

Last Updated: Monday, March 24, 2014, 02:08

Israeli foreign ministry workers began a general strike Sunday, effectively shutting down all diplomatic services in Israel and around 103 foreign missions abroad.

Mkt regulator salary in India dwarfs in comparison to US peers

Last Updated: Sunday, March 02, 2014, 18:09

In comparison, more than 100 officers of the US capital markets regulator, the Securities Exchange Commission (SEC), earn USD 225,000 (about Rs 1.4 crore) or more a year.

Trident Group first corporate to use Aadhaar payment bridge

Last Updated: Saturday, January 11, 2014, 18:21

Diversified business house Trident Group would become the first corporate to use Aadhaar Payment Bridge (APB) for disbursal of salaries to its employees.

Cabinet proposal soon to constitute 7th Pay Commission

Last Updated: Thursday, December 19, 2013, 16:27

The central government is likely to constitute the 7th Pay Commission for revising the salaries of its over 50 lakh employees before the start of process of next general elections due in May, 2014.

Sebi to overhaul corporate governance code for listed firms

Last Updated: Tuesday, December 17, 2013, 16:48

Listed companies will soon have a new Corporate Governance Code, requiring them to justify high executive salaries, putting in place an orderly succession plan and adopting a whistle-blower policy.

Kerala government hikes DA by 10 per cent to staff

Last Updated: Wednesday, November 13, 2013, 17:49

In a decision that will cheer lakhs of government employees and pensioners, Kerala Cabinet on Wednesday announced a 10 per cent increase in the dearness allowances of their salaries.

Europe set to allow banker bonus cap to hit 250 percent of salary

Last Updated: Thursday, October 24, 2013, 10:56

The European Banking Authority issued a consultation document on Wednesday detailing aspects of a "discount rate" that banks can apply under the European Union`s new bonus rules.

‘Average wages in India could quadruple by 2030'

Last Updated: Monday, September 30, 2013, 18:36

The wage gap between developed countries and emerging market economies like India, China, and the Philippines, are likely to shrink significantly by 2030, and the average Indian wage could more than quadruple over the said period, says a PwC report.

Tough business takes a toll on airline CEO salaries

Last Updated: Sunday, September 29, 2013, 21:57

Amid turbulent times in the aviation space, top executives of listed carriers have seen their salaries coming down, with low-cost SpiceJet's CEO taking the biggest cut.