Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
IndiGo, AI CEO salaries soar amid turbulence, flight cuts
Mint Chennai
|July 31, 2025
IndiGo guided for 5-9% year-on-year ASK growth in Q2, suggesting a sequential dip from Q1
The salaries of India's top two airlines' chief executive officers (CEOs) have shot up, with the compensation for Pieter Elbers of InterGlobe Aviation, which operates IndiGo Airlines, nearly doubling to ₹42.9 crore in FY25. On the other hand, Air India's Campbell Wilson's target compensation is set to rise 30% to ₹27.8 crore per annum for FY26-FY27 amid fierce market competition and turbulent times for the industry.
In a regulatory filing made by India's largest airline company on Wednesday, InterGlobe said Elbers' compensation for FY25 was double the ₹21.6 crore he made a year earlier. IndiGo's profit for the year fell by 11% to ₹7,258 crore.
For Wilson, the CEO of India's second-largest carrier Air India, the earlier target compensation, the maximum payout including his performance bonus, was ₹21.5 crore for FY23-FY25, according to regulatory disclosures by the company. His actual payout was ₹19 crore in FY24.
Diese Geschichte stammt aus der July 31, 2025-Ausgabe von Mint Chennai.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Chennai
Mint Chennai
SC says courts can't impose timelines on Prez, state guvs
The ruling comes even as several states are struggling with delayed assent to important laws
2 mins
November 21, 2025
Mint Chennai
Lots of art and Christmas joy
A Mint guide to what's happening in and around the city
1 min
November 21, 2025
Mint Chennai
US's job additions surprise in Sep
US employers added a surprisingly solid 119,000 jobs in September, the government said, issuing a key economic report that had been delayed for seven weeks by the federal government shutdown.
1 min
November 21, 2025
Mint Chennai
India foodgrain harvest up 8%
India’s foodgrain production rose 8% to a record 357.73 million tonnes (mt) in the 2024-25 crop year ended June, according to government data released on Thursday.
1 min
November 21, 2025
Mint Chennai
Standardize expenditure heads by FY28: CAG tells states
CAG's move is aimed at overhauling India's public finance system.
1 min
November 21, 2025
Mint Chennai
Let's consign the money illusion firmly to history
Is very low inflation a problem? It doesn't suit everyone, admittedly, but the cost of living kept in tight control has wide and enduring economic benefits that go beyond the obvious
3 mins
November 21, 2025
Mint Chennai
Reliance brings in Carrefour exec to boost grocery play
Carrefour senior leader Guillaume de Colonges to oversee Reliance Retail’s grocery business
2 mins
November 21, 2025
Mint Chennai
Lenovo India Q2 revenue jumps 23%
Integrated IT solutions provider Lenovo's India arm on Thursday reported a 23% year-on-year increase in revenue at $1.2 billion in the September quarter, aided by strong demand fuelled by digitisation, premiumisation and improved consumer sentiment following goods and services tax (GST) rejig.
1 min
November 21, 2025
Mint Chennai
Cracks are appearing in OpenAI’s dominant facade
THE 21ST-CENTURY tech landscape was built with a winner-takes-all mindset. It started with Microsoft’s Windows monopoly at the end of the 1990s. Since then Alphabet-owned Google has cornered search and Amazon has become the king of e-commerce. Meta, too, has blanketed much of the world with social media—though on November 18th, a judge in Washington, DC, spared it the ignominy of being declared a monopolist.
2 mins
November 21, 2025
Mint Chennai
Street scales 13-month high as index heavyweights fire
November, showed NSDL data. As of Thursday, FPIs' cumulative net short index futures stood at 165,565 contracts. Covering a part of these can also take the Nifty and Sensex to new highs.
2 mins
November 21, 2025
Listen
Translate
Change font size