{"id":627765,"date":"2024-01-12T10:19:58","date_gmt":"2024-01-12T04:49:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=627765"},"modified":"2024-01-12T11:11:30","modified_gmt":"2024-01-12T05:41:30","slug":"spicejets-ajay-singhs-pay-package-hits-3-year-high","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejets-ajay-singhs-pay-package-hits-3-year-high\/","title":{"rendered":"SpiceJet\u2019s Ajay Singh\u2019s pay package hits 3-year high"},"content":{"rendered":"<p>Pay package of SpiceJet chairman Ajay Singh jumped to a three-year high during FY23 notwithstanding the second biggest loss in the airline\u2019s history posted during the same year. The Gurugram-based low-cost carrier paid Rs 6 crore to its chairman and managing director during FY23, which is the highest since FY20 or the pre-pandemic year. <\/p>\n<p>The company also paid Rs 1.8 crore to Singh during the same year, defined as \u2018outstanding remuneration\u2019 for FY22, thereby bringing the total for the year FY23 to Rs 8 crore, which is the highest since FY18, data from SpiceJet\u2019s annual reports show.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pay package of SpiceJet chairman Ajay Singh jumped to a three-year high during FY23 notwithstanding the second biggest loss in the airline\u2019s history posted during the same year. The Gurugram-based low-cost carrier paid Rs 6 crore to its chairman and managing director during FY23, which is the highest since FY20 or the pre-pandemic year. The company also paid Rs 1.8 crore to Singh during the same year, defined as \u2018outstanding remuneration\u2019 for FY22, thereby bringing the total for the year FY23 to Rs 8 crore, which is the highest since FY18, data from SpiceJet\u2019s annual reports show.<\/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":[196,130,138],"tags":[],"class_list":["post-627765","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/627765","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=627765"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/627765\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=627765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=627765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=627765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}