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HUL MD Rohit Jawa pay jumps 3.75 percent while staff numbers fall

HUL MD Rohit Jawa pay jumps 3.75 percent while staff numbers fall

HUL Managing Director Rohit Jawa’s remuneration rose 3.75% to Rs 23.23 crore in FY25, reaching 146.47 times the median employee pay. The annual report also flagged an 8.46% fall in permanent employees to 6,604. Alongside this, HUL divested its Pureit water business and moved to demerge its ice cream unit amid a tougher operating environment and shifting consumer demand.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India festive hiring jumps 17 percent as gig and temp roles surge 25 percent

India festive hiring jumps 17 percent as gig and temp roles surge 25 percent

India’s festive hiring climbed 17% between August and October across key sectors, with gig and temporary roles up 25% this year, according to a report. Improved compensation and steady demand reflect growing economic confidence and a more mature gig ecosystem. The momentum is expected to stretch through the wedding season and into March 2026, powered largely by Tier II and Tier III cities.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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More Indian CEOs plan exits as pressure rises and new options beckon

More Indian CEOs plan exits as pressure rises and new options beckon

India Inc. is entering a busy period for CEO churn, with NSE-listed firms seeing a sharp rise in departures in the March quarter of 2025. Boards and shareholders are demanding more, global uncertainty adds risk, and CEO pay is climbing—pushing leaders to weigh exits. Talent scarcity and fresh career opportunities also make the transition easier.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Bank sends Rs 33 lakh notice 10 years after credit card closure, consumer wins Rs 5 lakh

Bank sends Rs 33 lakh notice 10 years after credit card closure, consumer wins Rs 5 lakh

A consumer who had closed his credit card and received confirmation was shocked to receive a legal demand notice for Rs 33 lakh nearly a decade later. After the bank allegedly kept harassing him, he approached the Karnataka State Consumer Commission. The panel ruled the bank engaged in unfair trade practices and ordered compensation of Rs 5 lakh.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Diesel car won Rs 4 lakh after repeated starting failures despite service centre visits

Diesel car won Rs 4 lakh after repeated starting failures despite service centre visits

A new diesel car owner secured Rs 4 lakh compensation after the vehicle developed recurring electrical and battery issues within four months of purchase. Even after multiple service centre visits and repeated part replacements, the car’s starting problems kept returning. The consumer commission ruled this repeated failure during the warranty period amounted to deficiency in service and caused significant harassment to the buyer.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Microsoft prepares first voluntary employee buyout in 51 years and reshapes stock rewards

Microsoft prepares first voluntary employee buyout in 51 years and reshapes stock rewards

Microsoft is reportedly set to conduct its first voluntary employee buyout in its 51-year history. The company is also changing how it grants stock for annual rewards, according to the report. Instead of requiring managers to tie stock directly to cash bonuses, Microsoft plans to separate these incentives—signaling a shift in internal compensation strategy.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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GST collection in November hits Rs 145867 crore as settlements and compensation rise sharply

GST collection in November hits Rs 145867 crore as settlements and compensation rise sharply

India’s GST collection for November has reached Rs 1,45,867 crore, up 11% year-on-year. The Centre transferred Rs 33,997 crore to CGST and Rs 28,538 crore to SGST from IGST through regular settlements. After these transfers, Centre and States recorded Rs 59,678 crore in CGST and Rs 61,189 crore in SGST, alongside Rs 17,000 crore released as GST compensation to States and UTs.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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