News: Realty bosses took 10 times pay hike as sales, profits plunged

Avatar Click Here for Original Story: http://economictimes.indiatimes.com
posted by MyStarLook 1004 days ago
India Inc was on a savage cost cutting drive in the latter half of 2008-09. Salary cuts and job losses became the order of the day. However, the big bosses of real estate companies of at least 4 major real estate companies such as Unitech, HDIL, Anant Raj Industries and Ackruti City took home nearly 2-10 times hike in remuneration compared to a year ago.
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