{"id":369475,"date":"2020-08-24T08:47:11","date_gmt":"2020-08-24T03:17:11","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=369475"},"modified":"2020-08-24T09:04:45","modified_gmt":"2020-08-24T03:34:45","slug":"petronet-ceo-gets-27-salary-raise-in-fy20-search-launched-for-new-chief-on-modified-terms","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/petronet-ceo-gets-27-salary-raise-in-fy20-search-launched-for-new-chief-on-modified-terms\/","title":{"rendered":"Petronet CEO gets 27% salary raise in FY20; Search launched for new chief on modified terms"},"content":{"rendered":"<p>India&#8217;s biggest gas importer Petronet LNG Ltd gave its outgoing chief executive Prabhat Singh a record 27 per cent rise in remuneration in FY20 and has now begun a search for a new CEO on modified terms that made just retired executives of PSUs ineligible.<\/p>\n<p>Singh, who completes his five-year term as managing director and CEO next month, took home a record Rs 1.8 crore in fiscal 2019-20 (April 2019 to March 2020), according to Petronet&#8217;s latest annual report.<\/p>\n<p>This included Rs 22.5 lakh commission on profit.<\/p>\n<p>Petronet, which is registered as a private limited company but is headed by the oil secretary, had paid him a total of Rs 1.4 crore in the previous fiscal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s biggest gas importer Petronet LNG Ltd gave its outgoing chief executive Prabhat Singh a record 27 per cent rise in remuneration in FY20 and has now begun a search for a new CEO on modified terms that made just retired executives of PSUs ineligible. Singh, who completes his five-year term as managing director and CEO next month, took home a record Rs 1.8 crore in fiscal 2019-20 (April 2019 to March 2020), according to Petronet&#8217;s latest annual report. This included Rs 22.5 lakh commission on profit. Petronet, which is registered as a private limited company but is headed by [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-369475","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/369475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=369475"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/369475\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=369475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=369475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=369475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}