Government Nod Not Must For Executive Compensation In Public Firms
People walk past North Block of the Central Secretariat building, which houses the Ministries of Finance and Home Affairs, stands in New Delhi, India (Photographer: Prashanth Vishwanathan/Bloomberg)  

Government Nod Not Must For Executive Compensation In Public Firms

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Public companies will no longer require government approval for paying salaries beyond a certain threshold to their managerial personnel, according to a communication.The Corporate Affairs Ministry...
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