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Byju's Paying Employee Salaries For May From "Collections": Report
Embattled edtech company Byju's was expected to release salaries for the month of May for its employees on Monday, after several delays earlier owing to a severe cash crunch and mounting legal battles.
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Amid Byju's Money Crunch, Salaries Linked To Weekly Earnings: Report
Embattled edtech platform Byju's, which is finding it difficult to pay full salaries amid severe cash crunch, has now linked sales employees' pay to weekly revenue generation.
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Unable To Pay Salaries, Byju's Founder Takes Loan Against His Home: Report
Byju Raveendran, the eponymous founder of edtech titan Byju's, has pledged his home as well as those owned by his family members to raise money for paying employees as the company battles a cash crunch.
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Wipro's Executive Chairman Rishad Premji Halves His Salary This Year
Mr. Premji's compensation also included a cash bonus (part of his fixed salary), but there were no stock options granted to him in fiscal year 2023.
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Intel CEO Pat Gelsinger Takes 25 Percent Pay Cut as Part of Company-Wide Salary Reductions
Intel CEO Pat Gelsinger will take a 25 percent salary cut, the company announced on Tuesday. The chipmaker is cutting management salaries across the firm, as it tries to save cash for its turnaround plan. Last week, Intel provided a gloomy outlook, predicting one of the worst quarters in its more than 50-year history, amid a shaky global economy.
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Jharkhand IAS Officer, Husband Had "Huge" Cash In Accounts: Enforcement Directorate
Jharkhand mining secretary Pooja Singhal and her husband received "huge" cash deposits -- to the tune of Rs 1.43 crore -- over and above her salary in their accounts, the Enforcement Directorate said.
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Rise In India's Money Supply Signals Pandemic-Related Uncertainty: Analysts
People are hoarding cash in accessible deposits to safeguard themselves against salary cuts or job losses.
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Uday Kotak Suggests Cash Benefits For People Earning Less Than Rs 25,000
Uday Kotak said the government should extend cash-benefit transfer to all who come under under Rs 25,000 salary bracket and whose jobs have been threatened during the ongoing COVID-19 crisis.
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Uday Kotak Suggests Cash Benefits For Those Had Salaries Under Rs 25,000 And Lost Jobs During COVID-19
He also said that giving a waiver of interest for a six-month moratorium on loan repayment would rupture the financial system
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Labour Ministry To Collect Data On Job Losses Due To COVID-19 Crisis: Report
The labour ministry will collect data on job losses and salary cuts, as asked by the finance ministry
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Indian Car Makers Assure Employees About No Salary Cut Or Job Loss Post Lockdown
The auto manufacturers like Skoda-Volkswagen, Renault and MG Motor India have assured its employees that they will not be facing any sort of pay cut or job loss due to Coronavirus crisis. According to the report from ETAuto, the carmaker gave assurance to the employees that they won't be taking this step even though COVID-19 Pandemic have affected ...
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Coronavirus Effect: Harley-Davidson Cuts Salaries, Lays Off Staff In The US
In addition to laying off staff, the CEO and Board of Directors will forego their salaries, and executive leadership salaries will be cut by 30 per cent.
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Goodricke Group Managing Director Opts For 60% Salary Cut Due To Covid19 Crisis
The company said the cash flow shall be reviewed from time to time to ascertain when the salaries can be reinstated.
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Coronavirus: Zomato CEO Says Hundreds of Employees Take Deep Salary Cuts as Business Hit
Zomato CEO Deepinder Goyal on Wednesday announced that several employees have taken deep voluntary salary cuts as the business has been hit owing to the COVID-19 lockdown.
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BSNL Eyes Recovery of Rs 3,000-Crore Dues From Enterprise Clients In 2-3 Months
Bharat Sanchar Nigam Ltd (BSNL) is eyeing increased earnings from renting out its premises at various locations - the target for rental income has been set at about Rs 1,000 crore this year.
-
Byju's Paying Employee Salaries For May From "Collections": Report
Embattled edtech company Byju's was expected to release salaries for the month of May for its employees on Monday, after several delays earlier owing to a severe cash crunch and mounting legal battles.
-
Amid Byju's Money Crunch, Salaries Linked To Weekly Earnings: Report
Embattled edtech platform Byju's, which is finding it difficult to pay full salaries amid severe cash crunch, has now linked sales employees' pay to weekly revenue generation.
-
Unable To Pay Salaries, Byju's Founder Takes Loan Against His Home: Report
Byju Raveendran, the eponymous founder of edtech titan Byju's, has pledged his home as well as those owned by his family members to raise money for paying employees as the company battles a cash crunch.
-
Wipro's Executive Chairman Rishad Premji Halves His Salary This Year
Mr. Premji's compensation also included a cash bonus (part of his fixed salary), but there were no stock options granted to him in fiscal year 2023.
-
Intel CEO Pat Gelsinger Takes 25 Percent Pay Cut as Part of Company-Wide Salary Reductions
Intel CEO Pat Gelsinger will take a 25 percent salary cut, the company announced on Tuesday. The chipmaker is cutting management salaries across the firm, as it tries to save cash for its turnaround plan. Last week, Intel provided a gloomy outlook, predicting one of the worst quarters in its more than 50-year history, amid a shaky global economy.
-
Jharkhand IAS Officer, Husband Had "Huge" Cash In Accounts: Enforcement Directorate
Jharkhand mining secretary Pooja Singhal and her husband received "huge" cash deposits -- to the tune of Rs 1.43 crore -- over and above her salary in their accounts, the Enforcement Directorate said.
-
Rise In India's Money Supply Signals Pandemic-Related Uncertainty: Analysts
People are hoarding cash in accessible deposits to safeguard themselves against salary cuts or job losses.
-
Uday Kotak Suggests Cash Benefits For People Earning Less Than Rs 25,000
Uday Kotak said the government should extend cash-benefit transfer to all who come under under Rs 25,000 salary bracket and whose jobs have been threatened during the ongoing COVID-19 crisis.
-
Uday Kotak Suggests Cash Benefits For Those Had Salaries Under Rs 25,000 And Lost Jobs During COVID-19
He also said that giving a waiver of interest for a six-month moratorium on loan repayment would rupture the financial system
-
Labour Ministry To Collect Data On Job Losses Due To COVID-19 Crisis: Report
The labour ministry will collect data on job losses and salary cuts, as asked by the finance ministry
-
Indian Car Makers Assure Employees About No Salary Cut Or Job Loss Post Lockdown
The auto manufacturers like Skoda-Volkswagen, Renault and MG Motor India have assured its employees that they will not be facing any sort of pay cut or job loss due to Coronavirus crisis. According to the report from ETAuto, the carmaker gave assurance to the employees that they won't be taking this step even though COVID-19 Pandemic have affected ...
-
Coronavirus Effect: Harley-Davidson Cuts Salaries, Lays Off Staff In The US
In addition to laying off staff, the CEO and Board of Directors will forego their salaries, and executive leadership salaries will be cut by 30 per cent.
-
Goodricke Group Managing Director Opts For 60% Salary Cut Due To Covid19 Crisis
The company said the cash flow shall be reviewed from time to time to ascertain when the salaries can be reinstated.
-
Coronavirus: Zomato CEO Says Hundreds of Employees Take Deep Salary Cuts as Business Hit
Zomato CEO Deepinder Goyal on Wednesday announced that several employees have taken deep voluntary salary cuts as the business has been hit owing to the COVID-19 lockdown.
-
BSNL Eyes Recovery of Rs 3,000-Crore Dues From Enterprise Clients In 2-3 Months
Bharat Sanchar Nigam Ltd (BSNL) is eyeing increased earnings from renting out its premises at various locations - the target for rental income has been set at about Rs 1,000 crore this year.
