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Mukesh Ambani's Big Pay CutThe latest trend for billionaires around the world seems to be not raises but showy pay cuts. Bloomberg reports that India's Mukesh Ambani, Asia's richest man, took a 66 percent pay cut to "set a personal example of moderation" after a government call for austerity, thereby reducing his salary befo ... |
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Mukesh Ambani takes two-thirds cut to salaryMukesh Ambani, India’s richest man, is taking a 66 per cent pay cut this year, becoming the first executive in the country to heed recent government calls for companies to avoid paying huge salaries to top management ... |
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