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How a typo jacked up Fortis CEO's salary four times to Rs 16.80 crore

 Posted on july 5, 2018 12:00 AM



A typo was responsible for adding about Rs 13 crore to the annual salary of Bhavdeep Singh, chief executive officer (CEO) of the cash-strapped Fortis HealthcareNSE -3.46 % Ltd. His salary rose more than four-fold between July 2015 and March 2017 even as the company’s financial health deteriorated, according to a report in Mint. The report says that Singh, who was hired at a salary of Rs 3.91 crore in July 2015, saw his salary jump to Rs 16.80 crore in the following year, according to t .. (News By SAMMA NEWS)


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