News: Ashok Leyland MD takes pay cut

Strategic HR

Ashok Leyland MD takes pay cut

Following a drop in commercial vehicle sales, Ashok Leyland’s Managing Director Vinod K Dasari will take a pay cut in 2013-14. The company will seek shareholders’ approval through a postal ballot to pay minimum remuneration to the managing director, according to information available on the company’s website.

Following a drop in commercial vehicle sales, Ashok Leyland’s Managing Director Vinod K Dasari will take a pay cut in 2013-14. The company will seek shareholders’ approval through a postal ballot to pay minimum remuneration to the managing director, according to information available on the company’s website.

Read the Hindu Business Line news report here.

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Topics: Strategic HR, #Current, #Corporate

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