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Pay Cuts
Business  /  Published 28.07.20

SpiceJet to bring Indians back from Amsterdam

Budget carrier SpiceJet has taken on wet lease an A330-900Neo aircraft, a wide bodied aircraft, which will be flown on charter flights as a precursor to its scheduled flights to the US and the UK. Th...
By Our Special Correspondent in New Delhi

Business  /  Published 22.07.20

L&T key officials take voluntary pay cuts

Key officials of Larsen & Toubro have taken a voluntary pay cut of up to 53 per cent, including a 24.19 per cent salary cut by group chairman A.M. Naik, according to the company’s annual rep...
By Our Bureau in New Delhi

Business  /  Published 21.07.20

IndiGo to lay off 10% staff

IndiGo has decided to lay off 10 per cent of its workforce as it grapples with declining revenues as a fallout of the Covid-19 pandemic. “From where things stand currently, it is impossible for...
By Our Special Correspondent in New Delhi

Business  /  Published 21.07.20

Covid lockdown: Air India paycut row

The Indian Commercial Pilots Association has has warned that any unilateral change in the salaries of Air India pilots would be illegal and has the potential to flare up to a situation of “unpre...
By Our Bureau in New Delhi

Calcutta  /  Published 03.07.20

Anxious wait for shoppers to walk in

A young man whose job is to sell denims has to mop the shop floor, too. An employee of a bar and grill chain, getting 30 per cent of his usual salary, is serving patrons with a smile. The manager of a...
By Debraj Mitra in Calcutta

Business  /  Published 01.07.20

IndiGo lengthens furlough for pilots

IndiGo, India’s largest domestic carrier, on Tuesday  announced 5.5 additional days of leave without pay for its pilots, effective July, as Covid-19 continues to impact the revenues of the ...
By Our Special Correspondent in New Delhi

India  /  Published 15.04.20

UPSC chairman, members to forego 30% of basic pay for 1 year

The chairman and members of Union Public Service Commission (UPSC), which conducts civil services examination to select country's bureaucrats and diplomats among others, have decided to forego 30 per ...
By PTI in New Delhi

Business  /  Published 30.04.20

SpiceJet part salary offer

SpiceJet on Thursday said its primary revenue source is drying as no passenger flights have operated for over a month and, therefore, it will pay part salaries to over 92 per cent of its employees in ...
By TT Bureau in New Delhi

Business  /  Published 30.04.20

SpiceJet to pay part salaries to over 92% employees in April

Amid the coronavirus-induced lockdown, SpiceJet said on Thursday its primary revenue source is drying as no passenger flights have operated for over a month and therefore it will pay part salaries to ...
By PTI in New Delhi

North East  /  Published 28.04.20

Meghalaya to defer salaries of employees

The Meghalaya government will defer the salary of many of its employees for two months because of a fall in revenue during the lockdown. The additional chief secretary (finance) stated on Tuesday that...
By Our Correspondent in Shillong


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