Tata Group hands out huge hikes to top executives
Tata Group's high-growth businesses, including Indian Hotels, Tata Power, Trent and Tata Consumer, offered pay hikes between 16% to 60% to their CEOs and top executives. The board of Tata Sons acknowledged the group's highest growth in its history - to $97 billion in sales revenue in 2022-23. The conglomerate has 30 companies across 10 business clusters and now mostly invests in Tata Digital and Air India.
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