In a first, Tata Group top management takes 20% salary cut amid coronavirus outbreak
Shortpedia
Content Team
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Tata Sons chairman N Chandrasekaran and Tata group companies’ chief executive officers (CEOs), for the first time in the conglomerate’s history, will take around a 20 per cent compensation-cut in an effort to reduce the cost and overcome the coronavirus crisis. Remuneration package of Tata Consultancy Services (TCS) CEO Rajesh Gopinathan has already been slashed by over 16 per cent to Rs 13.3 crore in 2019-20.
