Air India pilots threaten ‘industrial action’ if salaries not restored
In a letter to the airline CMD Rajiv Bansal the pilots’ union - Indian Pilots’s Guild and Indian Commercial Pilots’ Association - have threatened to go on strike protesting an over 50% cut in their salaries.
Air India says some employees died of COVID-19, their kin to be compensated
"To safeguard the interests of the families, it has been decided ...
55 AI pilots tested COVID-positive; airline proposes 60% salary cut for pilots: Unions
While scheduled international flights have been suspen...
Over 2 lakh stranded Indians repatriated under Vande Bharat Mission: Air India CMD
Over 2 lakh stranded Indians have been repatriated under g...
Govt promotes Air India chief Rajiv Bansal to secretary-level rank
The Appointments Committee of the Cabinet (ACC), headed by Prime Minister Narendra Modi, has approved in-situ upgradation of a total of 10 officers to the level of special secretary in the rank and pay of secretary by temporarily upgrading the posts held by them.
Infosys pays Rs 6 lakh in compounding fees to settle ex-CFO severance payment row
Infosys had agreed to pay Bansal a severance amount of Rs 17.38 crore or 24 months of salary, but the company suspended payments after he got Rs 5 crore as co-founder N R Narayana Murthy and others objected to the package as excessive. Bansal's severance payout has been one of the contentious issues Infosys founders had raised to allege governance lapses.
Rajiv Bansal to pilot debt-ridden Air India for second time
The Appointments Committee of the Cabinet has approved his appointment as chairman & managing director, Air India in the rank and pay of additional secretary, the order said, without mentioning further details. The post became vacant after incumbent Ashwani Lohani completed his tenure.
Infosys submits applications with RoC in ex-CFO's severance agreement matter
IT firm Infosys had agreed to pay its former CFO Rajiv Bansal a severance amount of Rs 17.38 crore or 24 months of salary, but the company suspended payments after he got Rs 5 crore as co-founder Murthy and others objected to the package. Bansal's severance payout has been one of the contentious issues Infosys founders had raised to allege governance lapses.
Infosys pays Rs 34 lakh as consent fees to Sebi in Rajiv Bansal case
An investigation by SEBI found that Bansal’s severance payment was not in accordance with the remuneration policy.
Infosys says will pay out arbitration award to former CFO Rajiv Bansal
Rajiv Bansal had dragged the company to arbitration after it halted payouts on his over Rs 17 crore severance.
Missive to Sebi: Ex-Infy Board must shell out Bansal award
Bansal, who bagged an Rs 17.38 cr severance package, had initiated arbitration proceedings in April 2017.
Infosys loses arbitration case, required to pay Rajiv Bansal Rs 12.17 crore plus interest
Bansal had dragged the company to arbitration after it halted payouts on his over Rs 17 crore severance.
Big setback for Infosys, as former CFO Rajiv Bansal wins case
Big setback for Infosys as Arbitral Tribunal directs the company to pay severan...
Infosys cites data deletion to deny Rajiv Bansal's payment
Infosys, which had made an initial payout of Rs 5 crore to Bansal, later withheld further payment “pending clarifications with regard to such rights and obligations".
Hearings in Infosys vs Rajiv Bansal case to begin in December
Bansal had invoked his rights to an arbitral tribunal early this year on the issue of Infosys holding back a substantial portion of his severance pay.