Nikesh Arora, CEO of Palo Alto Networks, earns a staggering USD 151.43 million, surpassing even Google CEO Sundar Pichai and Meta CEO Mark Zuckerberg. His impressive compensation and career journey highlight his significant impact on the tech industry.
Pradeep Bakshi, Managing Director and CEO of Voltas Limited, earned a total compensation of Rs 7.21 crore in fiscal year 2024, according to the company’s annual report. This includes a base salary, perks and allowances, and commissions. Bakshi, who has over 30 years of experience in the consumer durables sector, has been instrumental in driving Voltas’ growth and profitability.
Japan’s Prime Minister Fumio Kishida has apologized to victims of the now-defunct Eugenic Protection Law, which led to the forced sterilization of thousands of individuals between 1948 and 1996. The apology follows a Supreme Court ruling declaring the law unconstitutional and mandating compensation for victims. The ruling has sparked calls for swift and adequate compensation for the victims, who suffered significant trauma and injustice.
Flight delays are a common occurrence, but passengers often aren’t aware of their rights to compensation and support. This article outlines what to expect if your flight is delayed, including entitlements to food, accommodation, and compensation, and offers practical tips for dealing with delays and ensuring you’re covered.
Rahul Gandhi has accused the Indian government of failing to provide adequate compensation to the family of Agniveer Ajay Kumar, who died while serving in the Indian Army. Gandhi claims the family has only received insurance payments and not the government assistance they deserve. The government has countered, stating that the family has already received a significant amount of money and further benefits will be paid soon.
Rahul Gandhi, the Leader of the Opposition in Lok Sabha, visited the families of victims in the Hathras stampede, expressing condolences and calling for proper compensation and an investigation into the incident. He criticized the lack of police presence and administrative deficiencies during the stampede, which claimed over 100 lives.
Two-time former state chess champion Karun Duggal has served the All India Chess Federation (AICF) with a legal notice demanding Rs 1 crore in compensation for the removal of his Elo rating and a ban in 2010. Duggal claims the ban was due to his participation in a tournament organized by a rival federation, the Chess Association of India (CAI). He argues that the AICF’s actions were unjustified and cost him valuable playing time.
Tesla shareholders will decide on Elon Musk’s massive $56 billion compensation plan on June 13th. Tesla Chair Robyn Denholm emphasizes Musk’s unique role and the company’s exceptional nature, while former audit committee chair Steve Westly voices opposition due to financial concerns. Despite resistance, early voting indicates strong shareholder support for the package. Denholm’s letter highlights Musk’s potential departure if incentives are not adequate, emphasizing the importance of retaining exceptional talent while safeguarding shareholder interests.
A day after the tragic TRP game zone fire incident in Rajkot, the police have arrested the entertainment facility’s manager, Nitin Jain, and Yuvrajsinh Solanki, a partner in Raceway Enterprise, which operated the game zone. The police have also registered an FIR against several individuals, including the proprietors of Dhaval Corporation and Raceway Enterprise, for culpable homicide not amounting to murder, attempt to commit culpable homicide, causing hurt by an act that endangers life, and causing grievous hurt by an act that endangers life. The accused did not have proper firefighting equipment and had not obtained the local fire department’s no-objection certificate. The probe has been handed over to the crime branch and a Special Investigation Team (SIT) of the Rajkot police. The Gujarat government has also formed a five-member SIT to probe the incident.
Compensation: State Chief Minister Bhupendra Patel announced an ex gratia of 4 lakh to the kin of each of the deceased and 50,000 to each injured. Prime Minister Narendra Modi announced an ex-gratia of 2 lakh from the PM’s National Relief Fund for the next of kin of each deceased.
Nvidia CEO Jensen Huang’s compensation surged 60% to $34.2 million in the fiscal year, driven by the strong demand for the company’s AI chips.
