India’s Infosys Is Minting Fewer Millionaires
In Infosys, the number of executives earning more than 10 million Rs ($148,000) a year fell to 48 in the last financial year, while in the previous years it was 111. Analysts say the company paid higher salaries in the year ended March 2015 to check the attrition rate. But bonus payout was absent last year, said a spokeswoman..
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