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Byju’s unable to pay salaries as funds locked: Founder Raveendran

[ad_1] MUMBAI: Byju Raveendran, founder and CEO at troubled edtech startup Byju’s hit out at a group of investors, stating that their move to disable the company from using the funds raised through the rights issue has hindered disbursement of salaries to employees. “….I regret to inform you that we will still be unable to…

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Salaries: Race for talent: Salaries go up in turbulent year

[ad_1] MUMBAI: Consultants took home the highest average pay in 2023, beating AI specialists, cloud engineers, and marketing gurus.Professional services emerged as the top-paying industry at the senior level (over 15 years of experience), with an average cost to company of a little over Rs 39 lakh per annum, followed by internet & e-commerce sectors…

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IT services industry still top CEO paymaster; 7 out of 10 highest earning CEOs in India from tech sector

[ad_1] Despite facing challenges in the past two years, the IT services industry remains the highest paying sector for CEOs in India, according to data from BSE 500 companies for FY23. Out of the top 10 highest earning CEOs in the country, seven were from the IT services sector, with salaries ranging from Rs 29…

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