RBI working on strict, clear-cut clawback triggers for bank CEO pay
The Reserve Bank of India (RBI) is crafting a comprehensive compensation package policy for the chief executive officers (CEOs) of private banks, which will reduce “the scope for interpretation” on remuneration, and lead to a significantly higher price being paid by them by way of clawback of stock options and bonuses on non-compliance with the regulatory. Read on...
Airtel eyes insourcing to manage IT infra as IBM contract up for renewal
Private sector telecom major Bharti Airtel is looking at a multi-vendor approach to manage its information technology (IT) infrastructure,