Golden Parachutes for CXOs

The Economic Times - - Front Page -

De­part­ing In­fosys CFO Ra­jiv Bansal’s sev­er­ance pay was one of the cen­tral is­sues in the row be­tween its founders and the board, but In­dia is be­hind the west in of­fer­ing ‘golden parachutes’ to CXOs, re­port Sreer­adha D Basu & Rica Bhat­tacharyya from Mum­bai. The con­cept is said to be fast catch­ing on as com­pa­nies hire ex­ec­u­tives from overseas.

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