Police in Gorakhpur have busted a gang of mobile phone thieves where members were paid a fixed salary irrespective of their ‘success rate.’ According to Times of India, the Government Railway Police in Gorakhpur, Uttar Pradesh arrested the kingpin and his two accomplices on Friday night. Police in Gorakhpur busted a gang where members stole mobile phones from crowded railway …
The Reserve Bank of India on Monday said chief executives of banks should have at least half of their pay based on performance, as the regulator tries to tweak incentives to prevent the reckless risk-taking that has burdened India’s lenders with record bad loans. The total variable pay, RBI said, shall be limited to a maximum of 300% of the …
