India's aviation sector was badly hit due to the pandemic-induced travel restrictions during the last two years and therefore, all airlines in India had cut salaries.

TCS jobs and hiring plan 2022: TCS had extended the last date to apply for its job openings till 15 April 2022. Candidates who have completed or to complete BE / B.Tech / ME / M.Tech / MCA / M.Sc. with 70% or 7 CGPA in 2022 can apply.

HDFC has moved insolvency tribunal NCLT against the country's leading multisystem operator SITI Networks Ltd for an alleged default of Rs 296 crore. "The company has received the notice of the said case on April 13, 2022," the Essel group firm said adding it "is compiling information to verify the facts claimed in the said petition filed by HDFC." HDFC, in the petition filed under Section 7 of the Insolvency and Bankruptcy Code (IBC), has claimed a total default of Rs 296.06 crore, with respect to the financial facility provided by it.

Private lender IDBI Bank has proposed a nearly 10-fold hike in the salary of its managing director and CEO Rakesh Sharma who had been instrumental in bringing the bank out of the RBI's restrictive prompt corrective action (PCA) framework. The bank has sought the approval of its shareholders through a postal ballot. Sharma draws a salary of Rs 2.64 lakh per month, while the bank has proposed to raise the salary to about Rs 20 lakh per month.