No ceiling on HLL directors' medical costs
Hindustan Lever Limited, feels a strong and committed contingent of non-executive directors on its board is important to its corporate governance. It has also decided that the overall limit on the salaries of whole-time directors and managing directors will not apply in future to expenses incurred abroad in medical treatment.
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Ford executives get top packages
The Ford-Mahindra joint venture is believed to be facing a private salary problem of its own. Expatriate Ford employees now with Ford Mahindra in various capacities are paid a shade more than their Indian equivalents within the organisation, say inside sources.
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