Cash Salary

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.

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.

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.

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 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 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.

People are hoarding cash in accessible deposits to safeguard themselves against salary cuts or job losses.

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.

He also said that giving a waiver of interest for a six-month moratorium on loan repayment would rupture the financial system

The labour ministry will collect data on job losses and salary cuts, as asked by the finance ministry

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 ...

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.

The company said the cash flow shall be reviewed from time to time to ascertain when the salaries can be reinstated.

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.

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.

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.

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.

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.

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 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 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.

People are hoarding cash in accessible deposits to safeguard themselves against salary cuts or job losses.

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.

He also said that giving a waiver of interest for a six-month moratorium on loan repayment would rupture the financial system

The labour ministry will collect data on job losses and salary cuts, as asked by the finance ministry

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 ...

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.

The company said the cash flow shall be reviewed from time to time to ascertain when the salaries can be reinstated.

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.

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.