Top executives earned more than 184x their employees in FY21
Managing directors, chief executive officers (CEOs), and other top earners in India’s largest companies saw a faster rise in compensation after the Covid pandemic, even as the median employee salary declined. Read More
RBI cancels registration of five NBFCs due to irregular lending practices
The Reserve Bank of India (RBI) has cancelled the certificate of registration (CoR) of five non-banking finance companies (NBFCs) due to irregular lending practices, including charging excessive interest rates and harassment of customers for loan recovery. Read More
Nations send in requests to India