Diamond's voluntary decision to give up deferred bonuses comes against the backdrop of rising public dissatisfaction over exorbitant pay packets doled out to bankers.
The government on Friday announced a 5 per cent bonus on new monthly post office deposits. The bonus will be applicable for Post Office Monthly Income Accounts opened on or after December 8, the finance ministry said in a statement.
D Gukesh held reigning world champion Ding Liren of China to a draw in a highly anticipated contest
The two top officials of Cricket South Africa were locked in a bitter bickering battle, with president Mtutuzeli Nyoka on Thursday accusing CEO Gerald Majola of lying about bonuses paid by the Indian Premier League to CSA staff.
Here is a list of financially prudent things to do (in the order of priority) with your annual bonus rather than blowing it all up in one massive binge.
In doing so, it further cemented the community's determination to support the opposition. But at the same time, it consolidated its Hindu vote bank like never before.
TCS's mcap crossed $100 billion in 2018, 13.5 years after the IPO. It took only four more years to double its mcap to $200 billion.
Brazil's World Cup winning players from 1958, 1962 and 1970 have been awarded a bonus and a pension from the government in a controversial move that has split public opinion.
In an effort to grab a share of the hefty Diwali bonus to employees in government and corporate sector, country's largest lender State Bank of India may raise the interest rate on term deposit rates in next few days.
Spinner Shams Mulani (5/71) and Himanshu Singh (4/77) wreaked havoc by sharing nine wickets between them as defending champions Mumbai crushed Odisha.
Charles Leclerc won the US Grand Prix in a Ferrari one-two with Carlos Sainz on Sunday as Formula One championship leader Max Verstappen dealt Lando Norris a significant setback in their title battle.
ICC is mulling a dedicated fund of at least US$ 15 million for Test cricket that will help increase the players' match fee and address the migration of talent to T20 leagues.
The Pakistan cricket team, that won the third Test against England at the Oval on Saturday, has donated win bonuses worth 4,625,000 rupees ($54,400) to the floods relief effort in the country.
The RIL board had last month approved 1:1 issuance of bonus shares after a 12-year hiatus. The last time RIL announced a bonus issue was in October 1997.
A bonus amount of Rs 1000 has been offered for each goal scored by the Indian team at the ongoing Asia Cup.
D Gukesh and R Praggnanadhaa played out their eighth draw in as many games at the Sinquefield Cup.
Financial service provider Goldman Sachs Group Inc's shareholders have asked the company to cut the size of bonuses to be paid to executives and reward them instead, a media report says.
Chanda Kochhar has said the lender would consider rewarding its employees with bonus, which it skipped last year on account of poor performance.
Tech giant Apple's highly anticipated "It's Glowtime" event is set to make waves on Monday, unveiling the new iPhone 16 along with other exciting updates.
Finance Minister Arun Jaitley said it has been decided to fix the minimum wages at Rs 350 per day for unskilled non-agricultural workers for 'C' category areas keeping in view the modalities of fixing minimum wages.
World Championship challenger Dommaraju Gukesh survived by the skin of his teeth against compatriot Rameshbabu Praggnanandhaa.
Opto Circuits has revised the record date as January 16 for the purpose of issue of one bonus share for every ten existing equity shares held. \n\n\n\n
While festive offers can reduce costs, borrowers should also consider the lender's transparency and service quality. Customers need to be mindful of their repayment capacity.
Under regulatory scanner, Bengaluru-based Ola Electric has witnessed an uptick in its sales after facing a decline during the last few months. The company's daily average sales rose to 1,154 units in October, according to Vahan data from the Ministry of Road Transport and Highways (MoRTH). With sales reaching 17,315 units between October 1 and October 15, the company has also boosted its market share to 34 per cent, up from 27 per cent in September, in the electric two-wheeler (e2W) segment.
West Indies skipper Dwayne Bravo says he had "sent a message" to Chris Gayle as he was making a mockery of the Sri Lankan attack, telling the opener to try and go for a bonus-point win in the first match of the Tri-nation One-Day series in Kingston, Jamaica.
At a time when companies are cutting costs and jobs to tackle the economic downturn, global retail chain major Wal-Mart has doled out $933.6 million in bonuses to its workers.
Further the shareholders have accorded their approval for issue of bonus shares in 3:5 ratio, wherein three new equity shares would be alloted for every five existing equity shares held, the company added. The company had recommended the issue of 13.68 crore (Rs 136.8 million) bonus shares in the ratio of three new equity shares of Rs 10 each for every five existing equity shares of Rs 10 held by the shareholders of the company in the public category.
Cardiac care plans are ideal for individuals with pre-existing heart conditions or a family history of heart issues. Those who can't get coverage under a comprehensive plan should opt for these plans.
Asia's richest man Mukesh Ambani on Thursday said his oil-to-telecom-and-retail conglomerate is not seeking short-term profit but is in the business of creating wealth for the nation. Speaking at the company's annual shareholder meeting, he said all businesses of Reliance Industries Ltd continue to be key drivers of the Indian economy and have become a success story. "We are not in the business of pursuing short-term profit and hoarding wealth. "We are in the business of creating wealth for India," he said.
The BCCI had earlier announced an award of Rs 50 lakh to the team following its 3-2 victory in the five-match One-Day International series.
Cosmo Films Ltd decided to issue bonus shares in the ratio of one new share for every share held in the company.
'Credit card debt comes with high interest cost and stringent penalties.' 'If you do not repay on time, the costs balloon.'
This is the highest-ever bonus being paid to the employees for the good work done by them to take the Indian Railways to a new high, Information and Broadcasting Minister P R Dasmunsi told reporters after a meeting of the Cabinet chaired by Prime Minister Manmohan Singh on Thursday.
The collective wealth of the 100 richest went past $1 trillion for the first time.
The saffron party promised a "direct payment of a proportionate bonus" to small and marginal farmers -- those owning up to five acres of land.
Diversified business group ITC on Friday announced the issue of bonus shares against each share of the company, the seventh time in the last 32 years, as part of its centenary celebrations.
In a memorandum to Securities and Exchange Board of India on the proposed amendments to the Sebi (Prohibition of Insider Trading) Regulations, 1992, Ficci, while welcoming the proposal that the regulations should not freeze legitimate trading by the specified persons, feels that the management of a company should be authorised to decide and create window freeze.
The Wall Street Journal said the move, which is being closely watched, may be followed by other players at Wall Street. After months of internal debate at Goldman, the paper said the seven top executives at the firm, including chief executive officer Lloyd Blankfein, asked the board's compensation committee to grant them no bonuses.
