Jobs in entrepreneurial companies not for life: Vedanta CEO Tom Albanese
With three CEOs quitting since it took over oil producer Cairn India, mining mogul Anil Agarwal's Vedanta Ltd has defended the high turnover, saying jobs in entrepreneurial companies are not for life and is based on what people can do for the company in future.
Aug 21, 2016, 14:21 PM ISTCairn India says merger with parent Vedanta is on track
Shareholders in Cairn India, the country`s largest private sector crude oil producer, are to get one share in mining giant Vedanta and one redeemable preference share under a $2.3 billion deal to buy out minorities announced in June.
Jul 21, 2015, 15:03 PM ISTCairn India CEO Mayank Ashar to get $1.15 million salary
Cairn will pay Ashar a base salary of USD 1 million per annum plus USD 1.5 lakh in a special allowance/foreign service premium.
Nov 04, 2014, 16:27 PM ISTCairn India pays outgoing CEO bonus of Rs 2.51 cr
Cairn India's outgoing interim CEO was paid a bonus of Rs 2.51 crore for 2013-14 but his total compensation was a third of what the firm's last full time chief executive got.
Jun 22, 2014, 17:33 PM IST