TIWN

New Delhi, April 23 (TIWN) Airline major IndiGo will not institute any pay cuts for the month of April barring only the seniormost leadership. In an email to employees, IndiGo's Chief Executive Ronojoy Dutta informed that there will not be any pay cuts for the month of April.
Accordingly, Dutta that time had said: "I am afraid that the impact of the coronavirus on the aviation industry has been particularly severe... Governments across the globe have issued travel advisories which have resulted in a virtual shutdown of all our international flights." In the last instance, Dutta had taken a 25 per cent pay cut. Similarly, senior vice presidents and above took a 20 per cent cut followed by VPs and cockpit crew at 15 per cent, AVPs, Bands D along with cabin crew at 10 per cent and Band Cs at 5 per cent.
- India’s industrial growth at 3.5 pc in July signals healthy recovery: Economists
- AI to unlock $500 billion opportunity for India’s tech services: Report
- India’s credit rating upgrade to boost investors’ confidence, drive foreign capital inflows
- Centre to update WPI, IIP; announces launch of new Producer Price Index
- S&P Rating's growth projection for India is no surprise: SBI Research