According to the annual study of CEO/CXO compensation in BSE 200 companies by EMA Partners, commissioned by TOI, the overall pay of the million dollar CEO club increased 14% to Rs 2,457 crore from last year’s Rs 2,158 crore, with the average CEO package at Rs 16.8 crore.
Up to 50% of the cost of sex/gender reassignment surgery will be covered by insurance.
A slump in rural FMCG sales has pulled down the overall industry growth.
To de-tangle growth from the grip of a slowdown, fast-moving consumer goods (FMCG) companies are redefining their product and marketing strategies, depending on their stage of evolution.
Women usually avoid buying from liquor vendors due to fear of being harassed by authorities.
Consultancy firms used to operate on fixed-pay models for projects or assignments, which companies had to either take it or leave it. Now payment models of management consultancies have undergone a drastic change with adoption of the result-oriented approach. Now there is a stronger emphasis on outcomes, given the fast pace of change, and returns on investment.
Industry experts said traits like adaptability and the ability to deal with ambiguity are important from the perspective of spotting new business opportunities and potential threats. Entrepreneurs who see a business opportunity ahead of others are the ones who have a clear advantage.
Large number of BSE 500 cos have declared zero complaints on sexual harassment since 2015-16.
According to the study, 40% of employers in manufacturing revealed a positive intent of hiring apprentices. In the services sector, 42% companies said they are willing to hire apprentices in the second half.
Parle Agro, maker of soft drink Frooti, said it will spend over Rs 50 crore in the next three years to implement an end-to-end PET plastic waste management programme.
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