Pay package of SpiceJet chairman Ajay Singh jumped to a three-year high during FY23 notwithstanding the second biggest loss in the airline’s 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 ‘outstanding remuneration’ for FY22, thereby bringing the total for the…
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