India: Ashok Leyland restores salaries

Indian commercial vehicles manufacturer Ashok Leyland has restored salaries of its employees and executives, who took voluntary pay cuts ranging from 5% to 20% during the worst of the economic slowdown. According to a report carried by The Economic Times, around 3,600 executives, including the company's managing director R Seshasayee, and Subscribe to Automotive World … Continued

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• February 15, 2010